Avalanche cryptocurrency trades up $0.536, approximately 3.04% higher this afternoon

Currently trading at $18.14, AVAX remains range-bound between $17.45 and $18.14.

Technical chart analysis shows Avalanche broke through the $17.74 resistance, climbing 39 cents above it.

Other markets are also showing gains as Bitcoin rallies 5.86% to trade around $29,937. Having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. Having closed the previous session at $1,864.82, Ethereum is up 5% today to currently trade at around $1,957.8.

Over the past 11 months, AVAX has retreated 74.82% from a noteworthy peak of $69.91. AVAX has a market cap of 5.93 billion with an average daily volume of 207.88 million.