Chainlink LINK Rises 1.19% on ETF Approval, Milk Mocha Presale Surpasses $274K
- Chainlink ETF Approval: In January 2026, Chainlink (LINK) rose 1.19% to $13.15 following SEC approval of the Bitwise Chainlink ETF, set to launch on NYSE Arca in February with waived fees on the first $500 million in assets, indicating strong institutional interest.
- Avalanche Price Stability: Avalanche (AVAX) currently trades at $13.67, down 1.2% over the past day, with a market cap of approximately $5.99 billion and 24-hour volume near $285 million, reflecting lower market participation and a likely consolidation phase.
- Milk Mocha Presale Surge: Milk Mocha ($HUGS) has raised over $274,174 in its Stage 10 presale, priced at $0.000736 now but set to list at $0.06, promising potential 100x gains, with 459 holders indicating strong market demand.
- Diverse Ecosystem: Beyond hype, Milk Mocha offers high-APY staking, play-to-earn gaming, and NFT minting, while enhancing scarcity through token burns and charity donations, showcasing its potential as a leading cryptocurrency with real utility.
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Technical Analysis for AVAX
Technical Sentiment Analysis for Avalanche (AVAX) As of , Avalanche (AVAX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AVAX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AVAX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Avalanche (AVAX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.235 | 5.892 | 7.775 | 9.432 | 11.315 | 12.972 | 14.855 |
| Fibonacci | 5.892 | 7.245 | 8.08 | 9.432 | 10.785 | 11.62 | 12.972 |
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