AVAX

Recent market activities for Avalanche (AVAX) indicate that the bears have gained control over the market, pushing the cryptocurrency toward a critical price target of $21.73. With the bears dominating and market sentiment leaning heavily toward further declines, the $21.73 level has become a key point of interest for market participants. This analysis delves into AVAX’s current bearish trend by examining key technical indicators such as Moving Averages and the Moving Average Convergence Divergence (MACD). Additionally, it highlights the significance…

Avalanche (AVAX) has recently experienced a notable 10% drop from its local high, falling from $29.55 to $26.19. This decline mirrors broader market uncertainties and has led to a shift in investor sentiment. As traders react to the changing conditions, the cryptocurrency market is seeing a reassessment of investment positions. Amid this shifting sentiment, investors are increasingly turning to MoonTaurus (MNTR), a new cryptocurrency currently in its presale phase. With an early price of $0.005 and a projected launch price…

Avalanche (AVAX) is currently on a downward trend, one that it has not broken since last month. The latest market data shows that the token has depreciated 12% since last week, a huge loss for investors and traders interested in the token. Despite this, the platform is maintaining its momentum. A new upgrade proposal might improve developer and user experience on the platform, further onboarding new users and developers to use Avalanche. The Gist Of ACP-77 ACP-77 is the newly…

Layer 1 blockchains are having mixed fortunes in this crypto bull market. Where Bitcoin (BTC) and Solana (SOL) are powering higher,  certain other blockchains are still in the doldrums. $ADA and $AVAX are two of these. Can they go higher? How many layer 1s are needed? One question on whether layer 1 blockchain networks can be viable, is “how many do we need?”. It can be argued that layer 1s can specialise in various niches, and therefore remain valid. However,…

AVAX continues to rush forward to greater heights with the token reaching $28.74 since last week. This has been the biggest push by the bulls, influenced by the growing market confidence fueled by Bitcoin’s rally to $60k. Avalanche’s dev team is also hard at work with multiple on-chain news supporting this most recent price action. AVAX Gaming Grows With More Projects Although the gaming side of crypto is still relatively small, platforms like Avalanche provide developers with a stable and…

Bitcoin (BTC) has surged past $64,000, having been incredibly bullish as buyers return to the market. BTC’s recent surge indicates strong demand at lower levels, with the cryptocurrency recording weekly inflows of over $1.3 billion, according to data from CoinShares. BTC and other major altcoins could register significant upward movement should the bullish sentiment continue, potentially even reaching new all-time highs. Major Cryptocurrencies Record Significant Inflows Bitcoin (BTC) has rocketed over 12% during the past seven days as bulls returned…

Avalanche (AVAX) reached a weekly high of $29.93, as it didn’t manage to break above the $30 price barrier. However, if it does manage to break above it, it could initiate a broader rally that can affect other altcoin gems. Meanwhile, Polkadot (DOT) has risen 10%, and will soon break above $7 if it regains this bullish momentum. Avalanche (AVAX) is up 20%, and can reach new annual heights if it keeps up this rally, while Angry Pepe Fork is…

A popular analyst predicts a potential 200% surge for AVAX, indicating bullish momentum ahead. Avalanche’s ecosystem expansion includes ContinuumDAO integration and Alchemy Protocol support. Over the past several days, Avalanche (AVAX) has seen a sideways trend suggesting a slowing down in the bearish pressure that has prevailed since June. Popular crypto analyst Captain Faibik indicated in a recent tweet that AVAX has bright future prospects and might rise by more than 200%. The chart he presented shows AVAX’s price looking…

$RNDR, $AVAX, and $PYTH, are three top altcoins that are at critical levels. The market is still waiting for a Bitcoin rally, which has still not arrived. Will these altcoins be able to bounce, or are they about to take the plunge? $RNDR approaches bounce levels Source: TradingView Render ($RNDR) has already broken down through its bull trend line, which also marked strong support at $7. The price has confirmed this level as resistance, and has plunged further down to reach…