Whales move 7.3 million dollars. USA in Shib and Avax from Binance, calling Trader Watch

The recently created wallet took a large number of Shiba Inu ($ shib) and Avalanche ($ AVAX) from Binance, which caused speculation among traders.

The wallet rose by 290.41 billion Shib, worth 4.85 million dollars. USA and 97 114 AVAX in the amount of 2.52 million dollars. USA in the last hour. These transactions coincide with noticeable price movements for both cryptocurrencies, which indicates strong market activity.

Shiba Inu (Shiba) is gaining momentum

Shiba Inu is currently traded at 0.00001650 US dollars, which shows an increase of 4.91% over the past 24 hours. Its trade volume increased by 83.38%, reaching $ 464.89 million. The USA, which demonstrated an increase in the percent of investors.

The price opened about 0.00001573 and rose to the maximum of about 0.0000172 dollars, before it falls back slightly. Despite minor fluctuations, the asset supports a bull tendency.

Strong upwards followed a short fall, which indicates the continuous pressure of the purchase. The resistance level of about 0.0000172 turned out to be important, since the price was refused at the moment. Conversely, support remains about 0.0000157 US dollars, where previous rebounds occurred.

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Source: Coinmarketcap

If SHIB retains its position above 0.0000165 US dollars, an impetus may occur by 0.0000172 US dollars and potentially $ 0.0000175. However, if the pressure is intensified, and the price drops below $ 0.0000157, a decrease in US dollars can occur.

Stability of avalanche prices (Avax) amid volatility

Avalanche also appeared upside down, currently worth $ 25.51 after an increase of 1.48% for the last day. The market capitalization of the asset is currently 10.51 billion dollars. The United States, which reflects an increase of 1.49%, while the volume of trading increased by 38.77% and reached $ 464.83 million. USA. Avax began the session of about $ 25.14, for a short while plunged, and then drove $ 27.00 before turning to its current levels.

Source: Coinmarketcap

Support of $ 25.00 held firmly, acting as a key psychological and technical zone, where buyers continue to enter. If the bull impulse persists, an attempt to violate the resistance level of $ 27.00, which will potentially push the price to $ 28.00.

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On the other hand, the fall below $ 25.00 can lead to further pressure down, attracting $ 24.50 in focusing as the following potential support.