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Avalanche (AVAX) gains support at $9 after Animoca Brands partners with Ava Labs for blockchain growth.

Technical Signals
21 May 2026
AMBCrypto
View Source
Neutral
pluang ai news

Animoca Brands announced a strategic partnership and investment in the Avalanche (AVAX) ecosystem to boost real-world blockchain adoption using Avalanche's scalable infrastructure. Following the news, AVAX's price dipped slightly but found strong support around the $9 level, bouncing back to challenge resistance near $9.40. Technical analysis shows AVAX is rangebound with key support at $9 and resistance near $9.75 and $10. Traders are advised to watch these levels closely and consider taking profits during upward bounces.

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