AVAX: Bulls struggle to drive gains
Avalanche bulls struggled to push past the $13.7 area over the past eight days, but now the bears seem to have begun taking control.
Keep up with what's happening in the crypto world in real-time.
Avalanche bulls struggled to push past the $13.7 area over the past eight days, but now the bears seem to have begun taking control.
The price of Avalanche (AVAX) has shown positive momentum, but it remains range-bound. In the past 24 hours, the altcoin saw a 1.8% increase.
The GMX dApp on the Avalanche network has witnessed massive growth. Will this benefit Avalanche positively?
Avalanche (AVAX) has been experiencing a surge in daily activity, with traders and investors eagerly observing its progress. The crypto community had high hopes for the AVAX price to surpass the $14 mark, signifying a significant milestone in the asset's growth.
AVAX's H4/D1 market structures were bearish unless price crossed $14 to signal a bullish intent.
In the fast-paced and ever-evolving world of cryptocurrencies, Avalanche (AVAX) has emerged as a standout player, defying the challenges posed by the infamous FTX collapse in late 2022. While other players in the market grapple with the aftermath of the disaster, Avalanche stands strong, with minimal impact on its operations and projects.
Avalanche's daily active users have skyrocketed, driven by popular dApps like Trader Joe and Benqi. The growth highlights the protocol's resilience amidst market volatility.
AVAX's recovery has hit a snarl below March low of $14. But bulls can re-enter upon retest of lower support levels if BTC remains above $30k.
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Avalanche has indeed been benefiting from healthy growth in the last few weeks. But just how much of this address activity is new or recurrent?
Avalanche-Backed web3 gaming studio Pixion Games has successfully concluded its seed funding round, raising $5.5 million.
Circle's Cross-Chain Transfer Protocol is now operational on Arbitrum, a Layer 2 scaling solution for Ethereum.
Let's start the week by talking about the latest news regarding the developments of 3 crypto projects that are part of the L1 world, namely Chiliz, Avalanche and Waves.
Avalanche (AVAX) recently experienced a breakout, successfully overcoming a major obstacle at $13. This particular hurdle had proven to be a significant challenge for AVAX bulls in the preceding weeks, hampering their upward momentum.
An AVAX price move past the recent lower high at $15.06 would be required to shift the structure to bullish.
Avalanche (AVAX) has been on a recovery path, just like the rest of the market, following Bitcoin's surge. With the digital asset already experiencing double-digit gains in the past week, crypto analyst Michael van de Poppe believes there is still more room for AVAX to grow.
Avalanche experiences heightened activity as BTC interest grows, leading to increased demand for BTC.b and a positive impact on AVAX's price and ecosystem development.
Avalanche (AVAX) has experienced a significant price increase, surpassing a crucial barrier in recent trading sessions. In the past 24 hours, AVAX saw a 6% rise, while its weekly chart shows a notable appreciation of over 17%.
Avalanche's native cryptocurrency, AVAX, experienced a significant breakthrough when it successfully surpassed a crucial barrier at $13. This obstacle had proven to be a significant challenge for AVAX bulls in the previous weeks, hindering their upward momentum.
Avalanche's recovery is facing another roadblock after clearing the $12 obstacle. Here's what bulls need to know.
Ava Labs, the company behind the Avalanche network, has unveiled AvaGPT, a new addition to the growing number of blockchain companies adopting OpenAI's ChatGPT technology. This move aims to provide quick answers to general questions from Avalanche users while still allowing access to the support team.
Ava Labs' latest innovative approach reflects the company's commitment to pushing the boundaries of the AI technology.
Avalanche (AVAX), designed to assume the record of being the fastest blockchain from time to finality, has the right of way to claim its current price performance. At the time of writing, the digital currency is changing hands at a price of $12.19 after printing 8.06% growth over the past 24 hours and by more than 2.7% in the week-to-date (WTD) period.
The Lossless team recently announced the expansion of its activities. In fact, the Aegis smart contract monitoring system offered support for six blockchains: Ethereum, BNB Chain, Polygon, Fantom, Elysium and Harmony.