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Analysts suggest that if the current uptrend can be sustained above $25, the Avalanche market price may likely reach the next target of $30. AVAX Price Surges Amid Market Recovery: Eyes Set on $30 As the market recovery gains momentum each day, altcoins, including AVAX, are extending their bullish trends.
The Avalanche (AVAX) price has increased swiftly since the start of October, reaching $26.96 today.
Avalanche (AVAX) has maintained uptrends lately, outshining assets such as Chainlink and Tron to join the top ten crypto tokens by market capitalization. Ranking 10th, AVAX gained 16% within the past day to extend its 22% weekly surge. Avalanche traded at $25.
With the market recovery finding fresh momentum each day, the altcoins are extending their bull run. Under such a high-demand phase, the AVAX price trend is breaking multiple barriers and recovering lost levels. With a prolonged uptrend, the Avalanche price is up by almost 200% within the last 50 days, reflecting the growing demand.
AVAX, the native cryptocurrency of the Layer One blockchain network Avalanche, is making solid moves with a staggering 17% gains and entering the top ten crypto list while leaving behind the likes of Tron (TRX) and Chainlink (LINK). If the Avalanche price momentum sustains this time, it can break past $30.
For those looking to play momentum and growth, check out three of the top crypto picks to consider this holiday season.
AVAX prices briefly rose after French courts acquitted alleged hackers of involvement in February's $8.5M DeFi exploit
AVAX's price has grown since the acquittal of the Platypus hackers. Despite this, sentiment around the token fell.
In the context of the current cryptocurrency market resurgence, both Avalanche (AVAX) and Polygon (MATIC) holders are showing a keen interest in diversifying their portfolios, particularly with the inclusion of ScapesMania.
AVAX and GMX have over 60% and over 40% holders holding in profit, respectively. AVAX has increased by over 100% in value in the last two months.
Avalanche (AVAX), an Ethereum Virtual Machine (EVM)-based layer 1 solution, experienced a significant surge in trading activity, spiking to about $2.73 billion.
Volumes on the Avalanche network grew, driven by DEXes. The price of AVAX surged, however, sentiment declined.
Notably, Avalanche also experienced a substantial increase in NFT (Non-Fungible Token) sales volume. The Dokyo collection alone achieved a volume surpassing $1.4 million, contributing to Avalanche's highest NFT sales volume in three months.
In the ever-evolving realm of cryptocurrencies, Avalanche (AVAX) is making waves yet again as it surges in value, with bulls setting their sights on the coveted $30 mark. Recent market analysis indicates a robust performance, underscored by the successful flip of the $20 level to support.
Avalanche has performed well on the price The post Avalanche flips $20 to support and bulls have their next target in sight appeared first on AMBCrypto.
In a recent analysis, Analyst Rekt Capital highlighted the significance of focusing on specific altcoins that have broken their macro downtrends. This break is crucial as it signifies the entry into a new macro uptrend that could last for a considerable period.
The Avalanche (AVAX) price has performed reasonably well this year, going from a low of around $9 to as high as $24 before correcting back downward. Since the correction, the altcoin has been trading in a tight range around $20 and $21.
November brought explosive gains for altcoins as a wide range of smaller cryptocurrencies outperformed bitcoin, prompting call for an altcoin season.
Bitcoin price hit a new 2023 high on Dec.1 and multiple altcoins are following suit. Is the crypto market preparing for a Santa Claus rally?
Neither Trader Joe nor GMX had a higher trading volume than AVAX. AVAX has a more even distribution among whales and retail holders than the others.
On-chain analytics firm IntoTheBlock uncovers factors that led to an all-time high in transactions on the Avalanche blockchain in a new analysis.
Avalanche price has displayed significant price action recently as the token gained over 7% in value within the past day, and has doubled the net worth of its investors during the past month by adding 102% in value over the past 30 days.
Starting a new month with optimism, the crypto market is boasted by bullish movements as Celestia (TIA), Avalanche (AVAX) and Polkadot (DOT) are some of the best crypto to buy now in December. As the global crypto market is up 1.9% with a $1.51 trillion market cap, the top gainers have contributed a lot.
Avalanche (AVAX) and Cosmos (ATOM) Face Limited Growth as a New Crypto Star Emerges Amidst restrained growth for established altcoins Avalanche (AVAX) and Cosmos (ATOM), a rising crypto contender has stepped into the spotlight, poised to disrupt the DeFi space. Let's delve into the recent developments influencing AVAX and ATOM, and explore the emergence of VC Spectra (SPCT) as a defining force in the 2023 crypto market.
