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The text below is a press release that is not part of Cryptonews.com editorial content.

TL;DR Breakdown Avalanche price analysis suggests an upwards movement to $13.00 The closest support level lies at $12.83 AVAX faces resistance at the $13.00 and the $13.34 mark The Avalanche price analysis shows that the AVAX price action has recovered back to the $12.00 mark as the bulls charge above.

Avalanche experienced positive growth in transaction count. The developer activity metric just concluded in November with a sharp upside.

Avalanche's leading decentralized exchange Trader Joe is launching on Ethereum scaling platform Arbitrum. The post Avalanche DEX Trader Joe is deploying on Arbitrum appeared first on The Block.

Morgan Creek Digital crypto hedge fund managing partner and Bitcoin (BTC) bull Mark Yusko is naming the layer-1 altcoins he sees coming out on top.

Avalanche price analysis reveals that the cryptocurrency is currently trading at $12.86 after a slight increase of 2.87 percent over the last 24 hours. The market capitalization of the digital asset stands at $4,002,080,888, and the 24-hour trading volume is currently at $149,004,172.

Avalanche price had a difficult performance in November as a somber mood engulfed the crypto industry. AVAX was trading at $12.80

Avalanche price analysis continues to show bears in control of price action, as the token extended its horizontal trend that has been in place since the start of November. After dropping below the $13 mark on November 27, AVAX has settled within a narrow horizontal range of $11.74-$12.

Zeeve now supports Avalanche Subnets, giving developers access to one of the most efficient and low-cost blockchain ecosystems.

The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Avalanche's TVL registers an increase, but the metrics favor the bears RSI and Bollinger Bands give bearish signals while MFI and MACD suggest otherwise  Avalanche Daily, a popular Twitter handle that posts updates about the Avalanche [AVAX] ecosystem, posted the weekly stats of the network on 27 November.

The Avalanche price analysis is bullish for today as the price is rising after a bearish spell that lasted for three days. Overall, AVAX has maintained it's price level since 13 November 2022 other then a dip observed on 20 November 2022, from which it recovered 23rd of this month.

Avalanche price analysis reveals that the cryptocurrency is currently trading at $12.99 after a slight increase of 2.50 percent over the last 24 hours. The market capitalization of the digital asset stands at $3.90 billion, and the 24-hour trading volume is recorded at $163 million.

The Avalanche network has garnered the interest and liking of the masses from the crypto space with its stout fundamentals. And lucrative perks such as lightning-fast transaction speeds, and scalability, amongst others. To supplement this is the ROI of AVAX, which presently stands around 3337.96% since its lowest known value.

A widely followed crypto analyst is looking at popular meme token Dogecoin (DOGE) and five other major altcoins. Pseudonymous crypto trader Altcoin Sherpa tells their 187,800 Twitter followers that DOGE's current pump is likely unsustainable. “Moving prob due to some Elon news.

Avalanche price analysis is showing that the price is covering downward movement once again. The value depreciated to $12.69 today as the market witnessed a bearish extension.

As the price drops further, the Avalanche price analysis yields negative results for the day. The price, which had been rising over the previous two days, has since fallen to $13.03.

AVAX rallied on the daily chart with a possible MACD crossover. The upside breakout from the bullish wedge has a target between $15.5 and $16.0. However, the price-volume divergence could cause a price reversal.

Avalanche price analysis is bullish for today as the bullish momentum had inflated the price level to $12.53, a significant increase from yesterday's trading range of $12.15. The next resistance level for AVAX/USD is at $12.85, and this will likely be the target for bulls over the coming days.

Avalanche's cumulative daily transaction record increased by 1,507% as compared to 2021 The price of AVAX witnessed a divergence from the uptrend in transaction volume Despite being in the midst of a crypto winter, Avalanche [AVAX] seems to be doing pretty well for itself.

According to the Avalanche price analysis, the bears are currently controlling the market. The price has been falling since 19 November 2022, and the trend line is downward as a result of the bears' success in keeping control of the market.

The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion Avalanche seemed primed for another plunge on the price charts A bounce toward $14 can not be discounted but can offer an opportunity for sellers Avalanche flipped its market structure from bullish to bearish

Crypto exchange Coinbase is putting two new digital assets onto its listing roadmap of tradable altcoins as markets continue their downtrend. In a new announcement via Twitter, the US-based exchange says it's adding Avalanche (AVAX)-based BENQI (QI) and Cosmos (ATOM)-based Kava (KAVA) to its roadmap.

Some cryptocurrencies, including Avalanche (AVAX), saw modest gains even as the overall market suffered from a prolonged downturn. To date, AVAX TVL has gone up from 120.11 million to 123.7 million, an increase of approximately 3% as of press time.