Mixed sentiment leads AVAX cryptocurrency to trade sideways; establishes tight $14.56 to $14.67 range

Without a clear-cut direction, Avalanche is trading around $14.61 and ranging between $14.56 and $14.67.

Avalanche is oscillating around the $14.6 level serving as support. Avalanche's upper Bollinger Band® is at $17.41 and the lower is $13.76.

Despite muted price action in Avalanche, chart analysis indicates it is positioned for a bullish run in the short term.

Meanwhile, mixed performances are seen elsewhere as FTX Token is up 9.54%. TRON improves 3.03% to trade around $0.073. After ending today's session at $6.63, UNICORN Token USD lost $0.197 and is trading around $6.43.

AVAX is now trading 26.33% below its 3-month high of $31.87. AVAX is currently trading with a market cap of 4.88 billion with an average daily volume of 126.89 million.