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Mixed Signals: AVAX, ADA, DOT Face Hurdles Despite Growing Interest

Sep 18, 2024
  1. AVAX Levels: Key Indicators and Volume
  2. ADA Outlook: Resistance and Support Levels
  3. DOT Shelf: Holding and Overcoming Levels

Avalanche (AVAX), Cardano (ADA), and Polkadot (DOT) are experiencing a mix of ups and downs, with individual challenges preventing significant price increases. These cryptocurrencies navigate tricky resistance and support zones.

AVAX Levels: Key Indicators and Volume

Avalanche (AVAX) is currently trading at $23.59, reflecting a slight dip of 0.95% over the last 24 hours. The increase in trading volume by 9.80% signals rising market interest. This could either fuel price movement or signal a change in direction. AVAX reached a peak of $24.40, a key resistance point for the token. Meanwhile, the price has bounced back from $23.40, now acting as immediate support. If this level holds, it could stop further declines.

ADA Outlook: Resistance and Support Levels

Cardano (ADA) needs to break $0.338 to test resistance at $0.343. Support at $0.333 is vital for trend continuation. If this support level holds, it could provide a platform for further price movements.

DOT Shelf: Holding and Overcoming Levels

Polkadot (DOT) must hold support at $4.13 and overcome resistance at $4.275 for upward movement. These levels are crucial for determining the potential price trajectory of DOT.

While AVAX, ADA, and DOT face individual hurdles, market interest in these cryptocurrencies remains significant. Success in holding and overcoming key levels will be crucial in determining their future price movements.

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