Avalanche’s price outlook displays a bearish picture. Prices plunged towards the $37 mark. AXAX’s support sits at $36.4. Avalanche’s (AVAX) price outlook favors bears as it noted another drop within the past day. The market has maintained bearishness since May 5, 2022. The previous 24 hours saw AVAX at a loss again as bears stopped…
The crypto market crashed today, alts such as Avalanche and Cardano tumbling more than Bitcoin. The world’s leading crypto lost more than 7% to $39,417. Remember, BTC has never crashed beneath $40K since 16 March. Ethereum, the 2nd-largest digital coin by market value, lost over 6% to lose the $3,000 mark. Also, the meme crypto…
Avalanche (AVAX) had its price coiling up for more than two months before breaking out of the technical formation. Though the breakout is bulls, it encounters obstacles that threaten to erase all gains acquired over the previous week. Market players should concentrate on this week’s AVAX action for what the alt’s future holds. Threats Persist…
LUNA tested 78.6% FIB resistance amid market recovery. Moreover, the alt dips into overbought conditions. Avalanche witnessed decent increases within the past few sessions, swaying beyond 20-50-200 Simple Moving Average. Meanwhile, $0.06 remains a crucial level for Tron in detecting potential breakouts. Terra (LUNA) LUNA registered a 50.11% decline after losing the $86 level, hitting…
Avalanche defied the general downward movements in the cryptocurrency market to keep making new gains. Late yesterday the altcoin reached new highs of $146. The token also edged out Dogecoin in the top ten cryptocurrency list. The token grew in value by 20% yesterday to reach these new highs. The move meant the coin grew…
Briefly – AVAX has struggled over the previous week. The crypto formed a declining wedge shape. 100 MA serves as the alt’s support. Avalanche (AVAX) had registered healthy surges over the past weeks, increasing by more than 200%. With these actions, AVAX attained a new high after battling for many months. The crypto project has…
