Cryptocurrency News
Avax continued to post gains after recently bouncing off a key bottom. The market structure has shifted a bit over the past few days and is now looking set for a massive run as it gathers liquidity on the way up. The past weeks have been remarkable in the entire […]
Starting this month on a weak note, which led to some price reductions, Avax found solid ground and began to show strength again. Although, it pulled back a bit but resumed buying and broke out of a channel. Avax’s daily outlook appeared positive over the past two weeks as it […]
After a short retracement, Avax resumed bearish and continued to show signs of weakness. While the volatility appears low this week, it is likely to resume pressure as soon as the selling volume increases. Avax’s overall market outlook is still strongly bearish on the monthly scale as it continued to […]
The last 48 hours mark the most volatile session in the market since Avalanche started to recover two weeks back. It appeared strong on the week but bias remains bearish on the monthly scale. Last week’s trading was painful as Avax briefly turned weak after posting small gains from the […]
StableJack is making waves in the stablecoin sector on the Avalanche blockchain with two innovative products designed to enhance capital efficiency and reduce risks. These offerings allow users to mint $xAVAX, providing leveraged exposure to AVAX without the risk of liquidation, and $aUSD, a yield-bearing stablecoin that offers an impressive […]
Avax saw a small recovery this month but appeared back in a downward range after rejecting a key resistance level last week. Following a huge loss over the past week, it is now trading near the monthly low. This month’s trading has been a period of relief in the mid-term […]
The daily market outlook is still much dicey despite the latest recovery. However, Avalanche has seen a nice 7% increase since yesterday but the price looks indecisive as it continues to maintain a sideways trend. Avax’s performance over the past three weeks has been relatively low as it entered a […]
Avalanche AVAX, a major player in the cryptocurrency space, is on the cusp of a significant transformation. The upcoming implementation of ACP-77 marks a crucial step toward creating an ecosystem of interoperable, fully customizable, and sovereign Layer 1 blockchains. Avalanche, a multi-billion $$$ ecosystem, is about to undergo a major […]
VanEck’s recent filing for a Solana ETF briefly boosted SOL’s price, demonstrating the power of crowd optimism. The mere act of filing was enough to spark excitement among traders, leading to a temporary uptick in SOL’s value. 🥳 VanEck's filing for a Solana ETF caused SOL's price to surge today. […]
Avalanche ($AVAX), which reached a yearly high of approximately $64 in March 2024, has experienced a significant price decline, falling 61% to its current trading price of $25. This downturn has affected a large portion of AVAX investors. Data from @Intotheblock reveals that 4.37 million addresses, representing 52% of all […]
In continuation of the dip, Avax appeared weaker on the daily chart following another 10% weekly loss. This puts the market in a better selling condition, creating a new yearly low. Bigger moves lurk around! The past months have marked a tumultuous period for Avax as it advanced bearish after […]
Since Avax switched its bearish correction to a sideways movement in April, trading has remained in a tight range – looking for a breakpoint. Once it finds that breakpoint, we can expect a massive liquidity run. Amid low trading volatility, the last three weeks have been rough for Avax as […]
Following the mid-month surge that led to a false breakout last week, Avax fell back into a range and continued to show signs of weakness. It is currently looking for key support to initiate a buy on the daily chart. Bouncing off the key $29 level in April, Avax has […]
Avax appeared bullish following a steady increase in the last five days. Although it looks indecisive, but remains strong on the intraday trading. More gains should be expected if the bulls continue to sustain pressure. After going through a lot of reductions in the past weeks, Avax eventually found a solid […]
After posting notable losses for weeks, Avalanche AVAX found a solid support level and went through a slight retracement this month. But it faced rejection again and showed signs of weakness earlier this week. Last week marked a moment of relief for the bulls as Matic took a short break […]
After losing more than 30% in a week, Avax continued to show signs of weakness as it bleeds towards the yearly low. While losing this low could result in a bigger sell-off, a stronghold above it could trigger a bounce. Following the ongoing pre-halving crash, which has led most altcoins […]
According to the Q1 2024 financial report released by Avalanche, the blockchain platform has demonstrated significant growth across various metrics, indicating a robust performance in the first quarter of the year. In terms of revenue, Avalanche generated a total of $7.5 million in fees and revenue, marking a remarkable fourfold […]
After registering a notable gain recently, Avalanche AVAX suspended bullish and remained calm for weeks. However, it still holds 35% gains monthly amid the latest market sentiments. A big expansion is lurking around the corner. Aavx’s trend remains bullish from a short-term perspective, but it appeared temporarily suspended – subjecting […]