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 […]
Tag: avax
Avalanche Set For Major Transformation With ACP-77 Implementation
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 Solana ETF Filing Sparks Temporary Price Surge Amid Broader Crypto Market Movements
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 ($AVAX) Price Decline Leaves Over Half Of Holders At A Loss
Avalanche ($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 […]
AVALANCHE PRICE ANALYSIS & PREDICTION (June 24) – Avax Initiates Drops Again, Is $20 The Next Target To Watch?
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 […]
AVALANCHE PRICE ANALYSIS & PREDICTION (June 13) – Avax Remains Trap In A Range, Yet To Find A Breakpoint
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 […]
AVALANCHE PRICE ANALYSIS & PREDICTION (May 31) – Avax Continues To Look For Support As It Declines 4% Weekly
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 […]
AVALANCHE PRICE ANALYSIS & PREDICTION (May 5) – Avax Resurges After Establishing Base Support, Sets For A Huge Price Movement
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 […]
AVALANCHE PRICE ANALYSIS & PREDICTION (April 26) – Avax Initiates Fresh Weekly Drop: Can It Find Support Again?
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 […]
AVALANCHE PRICE ANALYSIS & PREDICTION (April 13) – AVAX Posts Bigger Losses But Appears Reaching A Turning Point
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 […]
Avalanche Reports Impressive Growth In Q1 2024 Financial Report
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 […]
AVALANCHE PRICE ANALYSIS & PREDICTION (March 31) – The Calm Before The Storm: Avax Negotiates Next Phase With A 2% Daily Gain
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 […]
AVALANCHE PRICE ANALYSIS & PREDICTION (March 21) – Avax Remains Indecisive Amidst Latest Recovery, Down 4% Weekly
Despite the latest increase in the global market cap, Avalanche’s price remained down and continued to consolidate on the daily timeframe. A drop below its weekly low could trigger a short-term retracement. Avax did not see much drop during the recent meltdown that hit the crypto space, which led most […]
AVALANCHE PRICE ANALYSIS & PREDICTION (March 18) – Avax Holds $50 As Support In The Latest Dip, Can It Provide A Rebound?
Avax saw a notable dip in the last 24 hours due to the ongoing loss across the space. However, the trend remains bullish on the daily chart but the price is currently weak as selling pressure increases hourly. Yesterday, Avax reaches another milestone exactly $61.46 after surpassing the $50 resistance […]
AVALANCHE PRICE ANALYSIS & PREDICTION (February 24) – Avax Signals Another Sell-off After A Month’s Recovery, Is $24 The Next Target?
Avax is down 11% weekly after failing to sustain recovery above the $44 level. It is forming a bearish pattern on the weekly chart and may continue to lose momentum until it reaches an exhaustion point. The past week has been an ugly moment for Avax as it paints a […]
AVALANCHE PRICE ANALYSIS & PREDICTION (February 16) – Avax Enters Consolidation Mode After Facing Resistance, Prepares For A Fresh Breakup
While most top altcoins advanced a bullish rally this week, Avax remains stalled under a key resistance level due to a slight rejection. It suspended buying to a small consolidation phase and now gathering momentum. Avax ended last week bullishly after pushing through a lot of resistance to reclaim $40. […]
AVALANCHE PRICE ANALYSIS & PREDICTION (February 9) – Avax Shows Signs of Strength Amid Latest Market Recovery, Faces Monthly Resistance
Avax appeared to stall under a key resistance for two weeks but has managed to post 10% gains despite facing hurdles. Having seen a slight bounce this week, it is still finding it difficult to break higher. Last weekend, Avax rejected the $38 level after failing to sustain recovery. It […]
AVALANCHE PRICE ANALYSIS & PREDICTION (February 1) – Avax Targets $27.3 In The Latest Meltdown, Can It Crackdown?
After witnessing a nice recovery all through last week, Avax tumbles and turns weak again due to the latest drops. It has registered a 7% loss in the last 48 hours and will likely shed more in the coming days. Last week, Avax took a little break from the dip […]