AVAX at $27.84: Bollinger Bands Hint Big Move Ahead

Avalanche (AVAX) was trading at $27.15, down more than 10% in the past 24 hours and nearly 21% over the past week. The Bollinger Bands on the daily chart show the token moving near the 20-day simple moving average (SMA20) at $30.31. The upper band is set at $36.32, and the lower band is at $24.31.