Avax and Bitcoin show positive movement
Cyrptocurrencies have had a quite hard time last year, with the new year the a positive move started.
Bitcoin continued its upward streak by testing $19100, the level last seen two months ago, increasing around 16% in 12 days. For Bitcoin, which is priced at $ 18800 during the day, the $ 19300 level can be met as a resistance in the continuation of the upward movement. If this level is broken and persisted above it, it can bring an increase up to $19500 levels.
Avax and Bitcoin shows positive movement
On the downside, the $18250 level can be expected to act as support. If it fails to hold this level, the next support level can be met at $17880.
Avax, which was priced at $10 at the beginning of January, has increased by around 55% and is priced at $15.35 today morning. Avax, which received its fourth rejection from the major falling trend line as of yesterday, will be critical to exceed the $16.50 level if the upward movement continues. If this level is exceeded and daily closes are made, the next resistance levels can be met at $ 17.50 and $ 18.50.
On the downside, $14.64 level can be expected as the first strong support level. Sagging below this level and providing permanence may lead to a pullback to the $12.45 levels.
