AVAX likely to hit $40 next – But watch out for these hurdles!
The weekly and the daily price chart of Avalanche indicated that traders can expect a price move toward $38 next month.
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The weekly and the daily price chart of Avalanche indicated that traders can expect a price move toward $38 next month.
The price of Avalanche (AVAX) has returned to the downtrend zone after being rejected at the $33 high. Had the $3 barrier been breached, the cryptocurrency would have risen to $41.
August will see significant token unlocks across several notable cryptocurrency projects, potentially impacting market dynamics.
Just months after Wormhole's airdrop in April, the cross-chain project will unlock a third of its token's circulating supply this month: 600 million tokens at a current value of about $180 million.
While O'Grady declined to share specific details of his next venture, the veteran developer will continue on-chain development in some capacity.
Avalanche (AVAX) has captured the spotlight in the cryptocurrency market with its recent price movements, suggesting a potential rally. After retesting a critical support level, AVAX is showing signs of a bullish turnaround, supported by robust on-chain development activity.
Bitcoin's recovery from the $63,500 level is encouraging, but higher levels may face solid resistance from the bears.
Over the past week, Avalanche price analysis experienced notable fluctuations. Beginning at around $26.80, the cryptocurrency initially demonstrated a positive trend, ascending to a weekly high of $32.60.
Discover the top 5 cryptocurrencies set to surge in value after the recent market downturn. Learn about Toncoin, Kaspa, Cardano, Notcoin, and Avalanche, and don't miss your chance to profit from the next market upswing
Ranked as the 12th most valuable cryptocurrency, Avalanche (AVAX) has seen a notable price decline in the last 24 hours. While AVAX trades at $26.93, interaction with the blockchain platform is starting to pick up.
Falling cryptocurrencies like Bitcoin, Jasmy, and Avalanche could face further downsides after the U.S. published strong gross domestic product and jobless claims data.
Bitcoin bulls are trying to protect the $65,500 level, but if they fail, a drop to $62,000 is possible.
Avalanche (CRYPTO: AVAX) has rallied 20% over the past month, prompting traders to speculate about more upside for “the red coin.” What Happened: Crypto trader Eugene Ng Ah Sio highlighted its high time frame (HTF) range reclaim, followed by a quick one-day trend retest and bounce.
Binance recently announced its decision to remove Polygon (MATIC), Avalanche (AVAX) and Voxies (VOXEL) trading pairs from its platform. Effective July 26, Binance will delist AVAX/TUSD, MATIC/TUSD and VOXEL/BTC trading pairs, as part of its periodic review to maintain a high-quality trading market.
This latest development comes barely 24 hours after OKX announced plans to remove some Bitcoin (BTC), Ethereum (ETH), and XRP trading pairs from its platform.
AVAX and MATIC have recorded slight price pressure after crypto exchange Binance moved to delist the asset's TUSD trading pairs. The company revealed its latest round of spot trading audits and announced the removal of three cryptos from TUSD and BTC pairs respectively.
Avalanche (AVAX) has been making waves in the cryptocurrency market with a significant price surge over the past 24 hours. This increase is not just a spontaneous spike but rather the result of a well-anticipated breakout from a bullish pattern.
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.
One Ethereum (ETH) rival appears primed to closely track Solana's (SOL) latest surge, according to a popular crypto trader. The pseudonymous analyst known as Inmortal tells his 214,500 followers on the social media platform X that the smart contract platform Avalanche (AVAX) is following SOL with “muscle memory, long and strong.
Avalanche (AVAX) shows signs of bearish reversal after a 5% dip from its monthly high. The bear flag pattern indicates a potential 40% decline, targeting $18.20 by August.
It has been an auspicious week for the $12.5 billion market cap Layer 1 altcoin Avalanche ($AVAX).
Avalanche broke above a bullish pattern, which could result in a two-fold price increase soon.
Avalanche's (AVAX) price is at a monthly high, and it is attempting to breach past a crucial resistance that might face some resistance.
AVAX led the CoinDesk 20 with a 14.5% increase in over the weekend trading, while SOL climbed 6.0%