Aventus Technical Analysis: Price Upthrust And Mark $2.42

Technical Key Points AVT price is currently $2.42 Aventus price rise by 138.36% Bollinger bands show a bullish momentum AVT Past Performance In the past three months, Aventus has risen nearly 138.36% The price began to surge in mid-November and gain even more momentum throughout December. In early January, the price dipped below $2.00 briefly before resuming its uptrend. Since then, AVT has been consolidating around the $2.40 level. In the last 24 hrs, Aventus has traded as low as $0.9994 and as high as $3.82. The volume traded in the last 24 hrs was over $14,812,805, and a market capitalization of $24,597,066.71 Source: Trading view AVT Technical Analysis On the 4-hour chart, you can see that after breaking out of the descending triangle pattern, AVT pulled back to retest the breakout level. The $2.40 level has served as both support and resistance over the past few days. A break below this level could lead to a sell-off towards the $2.00 level. Conversely, a move above the $2.60 level could see Aventus test the all-time high of $3.82. From a longer-term perspective, Aventus looks bullish. The price has been on an uptrend since the beginning of November and there doesn’t seem to be any signs of slowing down. However, the RSI is currently overbought and the MACD line is close to crossing over the signal line. This could be a sign that the price is due for a correction. The Bollinger Bands are squeezing which shows that AVT is ...