On April 6, the Avalanche ($AVAX) price gained bullish momentum with a 5% spike on the daily chart, soaring its value from $8.82 to $9.31 with a market capitalization of $4.02 billion.

At the time of writing this, the daily trading volume of the cryptocurrency is around $335 million. The total circulating supply of $AVAX tokens is currently around 463.44 million, according to CoinMarketCap.

In the last 7 days, the Avalanche ($AVAX) price has added 5.49%, while the 30-day figure shows a 4.17%.

Avalanche ($AVAX) Heads Toward Major Resistance Level

According to technical indicators on TradingView, there is a steady buying pressure without extreme conditions. The Relative Strength Index is currently revolving around 55, suggesting that…