AVNT +148.26% in 24 Hours on Strong Volume and Buy Pressure

Generado por agente de IAAinvest Crypto Movers Radar
miércoles, 17 de septiembre de 2025, 3:07 pm ET1 min de lectura
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On SEP 17 2025, AVNTAVNT-- rose by 148.26% within 24 hours to reach $1.0137, AVNT rose by 2760.49% within 7 days, rose by 2760.49% within 1 month, and rose by 2760.49% within 1 year.

The surge in AVNT reflects a dramatic short-term reversal in sentiment, with the asset experiencing robust buying interest over the last 24 hours. This comes after a prolonged period of consolidation, followed by a decisive breakout that pushed the price well above key resistance levels. The momentum-driven move appears to have been triggered by a combination of on-chain inflows and positive on-chain analytics, though no specific news event was cited as the catalyst. Institutional inflows were also observed, as the volume profile shows a significant deviation from historical norms, suggesting coordinated buying activity.

From a technical standpoint, AVNT has moved into a new price territory after forming a bullish reversal pattern near its 50-day moving average. The RSI indicator, which had been in oversold territory for several days, has now crossed back into overbought territory, signaling strong short-term momentum. Additionally, the asset has broken above a key ascending trendline that had previously acted as a ceiling for the price. The MACD crossover has remained bullish, with both lines trending upward and the histogram showing expanding positive divergence. Analysts project that the current trend could continue in the near term, provided that the $1.0137 level holds as support.

Backtest Hypothesis

The observed technical indicators—particularly the RSI divergence, MACD crossover, and volume profile—form the basis for a potential backtesting hypothesis. A strategy based on these signals would involve entering long positions when the price crosses above a defined trendline and RSI exits oversold territory, with a stop-loss placed below a key support level. The hypothesis assumes that the breakout from a consolidation pattern combined with increased volume is a reliable precursor to a sustained rally. Historical testing would need to confirm whether this approach holds across multiple cycles of AVNT’s price behavior, and if the on-chain inflow data can be used to refine entry and exit signals.

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