Avalanche FRVP on Weekly

Mar 1, 2023

I think FRVP gives a very good result in identifying support and resistance. In this direction, a FRVP that we will apply to the Avax chart in the weekly timeframe shows us that the 17.50 level is support and AVAX is sitting on this support. I think the return from this level in the weekly timeframe is very positive.

Mar 7, 2023

Note

Avax fell below FRVP support on a weekly timeframe. If it doesn't go over the FRVP level this week, that would be a negative sign.

Mar 30, 2023

Note

AVAX tried to break FRVP resistance, if it breaks it we can turn bullish momentum again.