Avantis (AVNT) has experienced a significant price surge, climbing 22% in the past 24 hours and achieving a 62% increase over the week. This rise follows a technical breakout from a month-long bearish pattern, supported by a notable increase in network activity. The network recorded 3.77 million trades and 109,800 holders, indicating heightened interest and participation.
The cryptocurrency successfully surpassed the descending resistance and the 50-day simple moving average, with the relative strength index (RSI) reaching 68, suggesting strong momentum. Weekly trading volume reached $56 billion, with the next resistance level anticipated near $0.40.
Avantis (AVNT) Soars 62% Weekly Amid Technical Breakout and Increased Activity
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