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BIGGEST $AVAX UPGRADE EVER IS NOW LIVE! š¢ & Here Is Why š
The upgrade, Avalanche9000, is the most significant network upgrade to the Avalanche blockchain since its mainnet launch! But why everyone talks about it? Because it directly addresses critical bottlenecks in blockchain adoption and scalability, making AVAX more attractive for developers, users and institutions. The upgrade, has just dramatically reduced gas fees (from 25 nAVAX to 1 nAVAX) and made it cheaper and easier for developers to launch their own Layer 1 blockchains (called Subnets). For who doesn't know, previously, running a custom blockchain required high costs and complex technical setups!
In my opinion, this upgrade represents a significant advancement in the Avalanche ecosystem, reinforcing its position as a scalable and developer-friendly blockchain! I do believe that Avalanche9000 now will attract more developers and boost massively its adoption! This will incentivize innovation and long-term ecosystem growth! For example, it will attract projects looking for high performance, customizability and lower barriers to entry. E.g: DeFi, gaming and enterprise use cases!
Will AVAX Hit $100 Soon? š¤ Let Me Know In Comments!
STAY TUNED! š„ & Remember, Your Support Is MASSIVELY Appreciated!ššŖ Also Don't Forget To Share It To Your Buddy! š - DYOR š NFA.š¤
#AvalancheAVAX #Avalanche9000 #Avaxpriceprediction
The upgrade, Avalanche9000, is the most significant network upgrade to the Avalanche blockchain since its mainnet launch! But why everyone talks about it? Because it directly addresses critical bottlenecks in blockchain adoption and scalability, making AVAX more attractive for developers, users and institutions. The upgrade, has just dramatically reduced gas fees (from 25 nAVAX to 1 nAVAX) and made it cheaper and easier for developers to launch their own Layer 1 blockchains (called Subnets). For who doesn't know, previously, running a custom blockchain required high costs and complex technical setups!
In my opinion, this upgrade represents a significant advancement in the Avalanche ecosystem, reinforcing its position as a scalable and developer-friendly blockchain! I do believe that Avalanche9000 now will attract more developers and boost massively its adoption! This will incentivize innovation and long-term ecosystem growth! For example, it will attract projects looking for high performance, customizability and lower barriers to entry. E.g: DeFi, gaming and enterprise use cases!
Will AVAX Hit $100 Soon? š¤ Let Me Know In Comments!
STAY TUNED! š„ & Remember, Your Support Is MASSIVELY Appreciated!ššŖ Also Don't Forget To Share It To Your Buddy! š - DYOR š NFA.š¤
#AvalancheAVAX #Avalanche9000 #Avaxpriceprediction
InnovAlain:
That would be insane! šš
AVAX and Its Potential for Growth: Will Whales Play a Key Role?
AVAX's Recovery After a Weak Phase
After a challenging week marked by a sharp decline, AVAX has started to recover. At the time of writing, it has achieved a 13.28% daily gain, signaling renewed market interest. However, the question remains whether this rally is sustainable.
Key Support Level Driving Growth
Analysis shows that the $41 support level, identified by IntoTheBlock, played a crucial role in reversing AVAX's price trajectory. This level encompasses over 150,000 addresses holding a total of 8.93 million AVAX.
Support levels like these often attract buying interest, as investors perceive them as an opportunity to secure assets at favorable prices.
After dropping to $41.32, AVAX formed two bullish candles, leading to a subsequent price rise to $50.08. This movement highlights a significant recovery following previous losses.
Whale Sell-Offs as an Opportunity
The recent decline in AVAX's price was influenced by large holders, known as whales, who initiated massive sell-offs. These sales began on December 9, peaking at 1,450 transactions. Over the past 24 hours, the number of transactions has dropped to just 400.
During this period, 3.53 million AVAX worth $161.12 million changed hands, a sharp decrease from the $1.54 billion recorded on December 9. Conversely, retail investors and smaller market players started actively buying, which supported the price recovery.
If whales resume accumulating AVAX, it could lead to a significant price surge, pushing the asset to new highs.
Market Remains Slightly Bullish
Data from IntoTheBlock reveals that bulls slightly outweigh bears on the market, with a ratio of 117 bulls to 115 bears. While this margin is small, it indicates continued positive momentum.
Another positive indicator is the growth in AVAX adoption, with a 30-day average increase of 18.34% in new addresses. This metric reflects growing interest from retail investors engaging with the network.
Conclusion: Growth Is Possible
If whales resume their buying activity and key market metrics maintain their current trends, AVAX has the potential for a significant price increase. This combination of factors could support the bullish scenario and strengthen its position in the market.
#Avaxš„š„ , #Cryptocurrencies , #CryptoNewss , #cryptowhales , #AvalancheAVAX
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
After a challenging week marked by a sharp decline, AVAX has started to recover. At the time of writing, it has achieved a 13.28% daily gain, signaling renewed market interest. However, the question remains whether this rally is sustainable.
Key Support Level Driving Growth
Analysis shows that the $41 support level, identified by IntoTheBlock, played a crucial role in reversing AVAX's price trajectory. This level encompasses over 150,000 addresses holding a total of 8.93 million AVAX.
Support levels like these often attract buying interest, as investors perceive them as an opportunity to secure assets at favorable prices.
After dropping to $41.32, AVAX formed two bullish candles, leading to a subsequent price rise to $50.08. This movement highlights a significant recovery following previous losses.
Whale Sell-Offs as an Opportunity
The recent decline in AVAX's price was influenced by large holders, known as whales, who initiated massive sell-offs. These sales began on December 9, peaking at 1,450 transactions. Over the past 24 hours, the number of transactions has dropped to just 400.
During this period, 3.53 million AVAX worth $161.12 million changed hands, a sharp decrease from the $1.54 billion recorded on December 9. Conversely, retail investors and smaller market players started actively buying, which supported the price recovery.
If whales resume accumulating AVAX, it could lead to a significant price surge, pushing the asset to new highs.
Market Remains Slightly Bullish
Data from IntoTheBlock reveals that bulls slightly outweigh bears on the market, with a ratio of 117 bulls to 115 bears. While this margin is small, it indicates continued positive momentum.
Another positive indicator is the growth in AVAX adoption, with a 30-day average increase of 18.34% in new addresses. This metric reflects growing interest from retail investors engaging with the network.
Conclusion: Growth Is Possible
If whales resume their buying activity and key market metrics maintain their current trends, AVAX has the potential for a significant price increase. This combination of factors could support the bullish scenario and strengthen its position in the market.
#Avaxš„š„ , #Cryptocurrencies , #CryptoNewss , #cryptowhales , #AvalancheAVAX
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
š #Avalanche Raises $250M Amid AVAX Rally
The Avalanche Foundation secured $250M through a private token sale led by Galaxy Digital and ParaFi Capital, boosting $AVAX by 9% to $52.80.
š Key Developments:
*/ Avalanche9000 Upgrade: Launching on Dec 16, this upgrade slashes blockchain costs by 99.9% and enables interchain communication.
*/ DeFi Growth: Avalanche's TVL hits $1.65B, the highest in 2 years, as interest in DeFi rises.
š Outlook: RSI at 62 suggests more growth potential, with demand keeping trading volumes strong. However, $54 resistance remains a challenge.
Is AVAX gearing up for another breakout?
#Altcoinseason2024 #Avaxš„š„ #AvalancheAVAX #Write2Earn!
The Avalanche Foundation secured $250M through a private token sale led by Galaxy Digital and ParaFi Capital, boosting $AVAX by 9% to $52.80.
š Key Developments:
*/ Avalanche9000 Upgrade: Launching on Dec 16, this upgrade slashes blockchain costs by 99.9% and enables interchain communication.
*/ DeFi Growth: Avalanche's TVL hits $1.65B, the highest in 2 years, as interest in DeFi rises.
š Outlook: RSI at 62 suggests more growth potential, with demand keeping trading volumes strong. However, $54 resistance remains a challenge.
Is AVAX gearing up for another breakout?
#Altcoinseason2024 #Avaxš„š„ #AvalancheAVAX #Write2Earn!
$AVAX Strong Resistance coming from All time High and breakout Given at $12, Avax has High Potential in Future , Just Buy and Forget
Logic : According to Newtons law, Earth Gravity is 9.8ms so Trendline of Avax is Adjusted As per law.
Future Price Prediction 2025-2026 : $80 , $100.
Follow me For more Such Contents!! š¤”
#Avax #Avalanche #AvalancheAVAX #AVAXāļø #AVAX/USDT
Logic : According to Newtons law, Earth Gravity is 9.8ms so Trendline of Avax is Adjusted As per law.
Future Price Prediction 2025-2026 : $80 , $100.
Follow me For more Such Contents!! š¤”
#Avax #Avalanche #AvalancheAVAX #AVAXāļø #AVAX/USDT
š²SIGNALš²
#AVAX trade hit 3 target š
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#trading #AVAX #Avalanche #AvalancheAVAX
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--
TRADE - AVAX / USDT ( Futures )
Type - Long
Mode - Isolated
Leverage- 2X to 3X ( Recommend)
Buy Zone - 32$ to 30$
Target
1. 34$
2. 35$
3. 36$
4. 37$
Stop loss 27$-( SL Must Use )
#Avalanche #AVAX #TradeOpportunity #BTCš„š„ #TradingCall
Disclaimer Ā This is my personal analysis for educational purposes , Buy/Sell/Trade at your own risk. I am not a financial Advisor
Type - Long
Mode - Isolated
Leverage- 2X to 3X ( Recommend)
Buy Zone - 32$ to 30$
Target
1. 34$
2. 35$
3. 36$
4. 37$
Stop loss 27$-( SL Must Use )
#Avalanche #AVAX #TradeOpportunity #BTCš„š„ #TradingCall
Disclaimer Ā This is my personal analysis for educational purposes , Buy/Sell/Trade at your own risk. I am not a financial Advisor
Avalanche price may fluctuate on unlock of $369 million worth AVAX tokens Today
layer 1 blockchain network Avalanche will unlock 9.54 million AVAX tokens, worth about $369 million, on Wednesday, May 22. Protocol team members will receive just under half of the tokens, worth about $174 million, while strategic partners will see roughly $86.92 million in AVAX tokens released to them. $64.39 million has been reserved for the Avalanche Foundation, while the final $43.46 million tranche is for potential airdrops
Token unlocks refer to the gradual process of releasing previously restricted tokens into the circulating supply, enabling token holders of these once-frozen tokens to use them as they see fit, which could include selling their tokens on a decentralized exchange or using them as collateral in a lending protocol.
While the price of Avax may Fluctuate and decreased as per supply demand formula may even more sever if ETF ETH rejected
so be careful watch situation closly
Care your assets Guys
#altcoins #AVAXā #ETFvsBTC #AvalancheAVAX #ETHETFS $ETH
layer 1 blockchain network Avalanche will unlock 9.54 million AVAX tokens, worth about $369 million, on Wednesday, May 22. Protocol team members will receive just under half of the tokens, worth about $174 million, while strategic partners will see roughly $86.92 million in AVAX tokens released to them. $64.39 million has been reserved for the Avalanche Foundation, while the final $43.46 million tranche is for potential airdrops
Token unlocks refer to the gradual process of releasing previously restricted tokens into the circulating supply, enabling token holders of these once-frozen tokens to use them as they see fit, which could include selling their tokens on a decentralized exchange or using them as collateral in a lending protocol.
While the price of Avax may Fluctuate and decreased as per supply demand formula may even more sever if ETF ETH rejected
so be careful watch situation closly
Care your assets Guys
#altcoins #AVAXā #ETFvsBTC #AvalancheAVAX #ETHETFS $ETH
š AVALANCHE PRICE ANALYSIS & PREDICTION (MARCH 21) ā AVAX REMAINS INDECISIVE AMIDST LATEST RECOVERY, DOWN 4% WEEKLY
š Despite the latest increase in the global market cap, Avalancheās price remained down, consolidating on the daily timeframe. A drop below its weekly low could trigger a short-term retracement.
š Avax weathered the recent crypto meltdown better than most, maintaining its consolidation phase above $50, despite widespread drops among altcoins.
š The consolidation phase brought multiple rejections, yet the technical trend remains bullish.
š Anticipating the next move, Avax is poised to sustain momentum, especially with a surge above last weekās high potentially leading to more rallies.
š Recent multiple rejections have made it challenging for bears to push the price below consolidation levels, potentially shifting the trend downwards.
š If a downtrend ensues, $45 could serve as a critical rebound level after last weekās surge, potentially prompting a major price correction before resuming positive momentum.
š Holding above $50, a drop could lead to a significant crackdown to $45.5, with further support at $40.
š Currently facing weekly resistance at $58, $61.45, and $65.4, breaking through could pave the way for increases to $70 and beyond.
ā”ļø Key Resistance Levels: $58, $61.45, $65.4
ā”ļø Key Support Levels: $50, $45.2, $40
š² Spot Price: $54.6
š Trend: Bullish
š Volatility: High
#AvalancheAVAX #Priceanalysis #PricePredictions2024
š Despite the latest increase in the global market cap, Avalancheās price remained down, consolidating on the daily timeframe. A drop below its weekly low could trigger a short-term retracement.
š Avax weathered the recent crypto meltdown better than most, maintaining its consolidation phase above $50, despite widespread drops among altcoins.
š The consolidation phase brought multiple rejections, yet the technical trend remains bullish.
š Anticipating the next move, Avax is poised to sustain momentum, especially with a surge above last weekās high potentially leading to more rallies.
š Recent multiple rejections have made it challenging for bears to push the price below consolidation levels, potentially shifting the trend downwards.
š If a downtrend ensues, $45 could serve as a critical rebound level after last weekās surge, potentially prompting a major price correction before resuming positive momentum.
š Holding above $50, a drop could lead to a significant crackdown to $45.5, with further support at $40.
š Currently facing weekly resistance at $58, $61.45, and $65.4, breaking through could pave the way for increases to $70 and beyond.
ā”ļø Key Resistance Levels: $58, $61.45, $65.4
ā”ļø Key Support Levels: $50, $45.2, $40
š² Spot Price: $54.6
š Trend: Bullish
š Volatility: High
#AvalancheAVAX #Priceanalysis #PricePredictions2024
$AVAX ( #Avalanche ) to the moon šš Why I think that the price ofĀ $AVAX (Avalanche) will increase and go over 100 US-Dollar+: ā¬ļø
š Fundamental analysis:
+ Altcoins likeĀ $AVAX (Avalanche) often follow Bitcoin's bullish trend => Bullish
+ S&P 500 reached a new all-time high a while ago (5'100+ US-Dollar) => Bullish
+ Federal Reserve stopped changing their interest rates signaling that they achieved their goals => Bullish
+ Bitcoin Halving on the 4th April => Bullish
š Technical analysis:
+ Bullish Trendlines on the weekly chart => Bullish long-term trend
š Good quotes:
"The Trend is Your Friend",
"Sell in May and go away" -> likely the upcoming 2024 United States presidential election will cause some FUD (Fear, Uncertainty and Doubt), resulting in a higher volatility for that timespan (summer-autumn)
āFirst millionaires of the Gold Rush were not the diggers but those who sold them shovels and picks.ā
Only time will tell and this is just my opinion after all "The Market Is Always Right"
#AVAXUSDTš #AvalancheNetwork #TechnicalAnalysis #AvalancheAVAX
Target: 100 US-Dollar+
š Fundamental analysis:
+ Altcoins likeĀ $AVAX (Avalanche) often follow Bitcoin's bullish trend => Bullish
+ S&P 500 reached a new all-time high a while ago (5'100+ US-Dollar) => Bullish
+ Federal Reserve stopped changing their interest rates signaling that they achieved their goals => Bullish
+ Bitcoin Halving on the 4th April => Bullish
š Technical analysis:
+ Bullish Trendlines on the weekly chart => Bullish long-term trend
š Good quotes:
"The Trend is Your Friend",
"Sell in May and go away" -> likely the upcoming 2024 United States presidential election will cause some FUD (Fear, Uncertainty and Doubt), resulting in a higher volatility for that timespan (summer-autumn)
āFirst millionaires of the Gold Rush were not the diggers but those who sold them shovels and picks.ā
Only time will tell and this is just my opinion after all "The Market Is Always Right"
#AVAXUSDTš #AvalancheNetwork #TechnicalAnalysis #AvalancheAVAX
Target: 100 US-Dollar+
Avalanche Price Targets Rally To $42 If AVAX Clears This Hurdle
Avalanche price may be on the cusp of a 56% bull run if it flips the important resistance level at $31 into a support
Avalanche Price Looking to Retest $42
Technicals point to a potential Avalanche price rally, which could see it rise to the important resistance level at $42, its highest level on May 22.
Odds of this rally rose after the coin found a strong along the ascending trendline that connects the higher lows since August 7. It is also attempting to rise above the 50-day and 100-day Exponential Moving Averages (EMA), signaling that bulls are about to regain control.
Additionally, Avalanche price oscillators have started to point upward, with the Relative Strength Index (RSI) crossing the neutral point of 50. The two lines of the MACD indicator have also pointed upwards and are about to cross the zero line.
Therefore, a volume-supported move above the resistance level at $31, will point to more gains to $42. Such a rally would imply a 56% comeback from the current level.
Image source: Trading View
On the other hand, a drop below the ascending trendline will invalidate the bullish view and signal that there are more bears left in the market. If that happens, AVAX token will drop to the next key support at $17.27, its lowest point in August.
Some analysts believe that Avalanche may continue doing well in the coming weeks. In an X post, CryptoDoc, a popular analyst with 70k followers, predicted that it may have a bullish breakout provided it remained between $22 and $26.
Potential Catalysts For The AVAX Surge
Several catalysts may push the price of Avalanche higher in the near term. In a statement on Thursday, Avalanche said that it acquired 1.9 million AVAX tokens from the collapsed Luna Foundation Guard. Initially set at $45 million, the tokens were now worth $53 million.
Meanwhile, the Federal Reserve may decide to cut interest rates in its November meeting. A rate cut, a day after Donald Trump won the election, may trigger more gains among risky assets, including cryptocurrencies.
Network data shows that the Avalanche blockchain is doing well as the number of active addresses has risen to 94,154, its highest level in two weeks.
Additionally, Avalanche has had several high-profile collaborations in the past few months. Most recently, it was selected to participate in Kinexys, a project by JP Morgan, the biggest bank in the United States. The partnership will explore privacy and identity solutions for large institutions.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news for trading, staking, investing after our own research. Information source online media. Avax to the Moon š
#AvalancheUpdate #AvalancheAVAX #Avalanche #AVAX #AVAXā
Avalanche Price Looking to Retest $42
Technicals point to a potential Avalanche price rally, which could see it rise to the important resistance level at $42, its highest level on May 22.
Odds of this rally rose after the coin found a strong along the ascending trendline that connects the higher lows since August 7. It is also attempting to rise above the 50-day and 100-day Exponential Moving Averages (EMA), signaling that bulls are about to regain control.
Additionally, Avalanche price oscillators have started to point upward, with the Relative Strength Index (RSI) crossing the neutral point of 50. The two lines of the MACD indicator have also pointed upwards and are about to cross the zero line.
Therefore, a volume-supported move above the resistance level at $31, will point to more gains to $42. Such a rally would imply a 56% comeback from the current level.
Image source: Trading View
On the other hand, a drop below the ascending trendline will invalidate the bullish view and signal that there are more bears left in the market. If that happens, AVAX token will drop to the next key support at $17.27, its lowest point in August.
Some analysts believe that Avalanche may continue doing well in the coming weeks. In an X post, CryptoDoc, a popular analyst with 70k followers, predicted that it may have a bullish breakout provided it remained between $22 and $26.
Potential Catalysts For The AVAX Surge
Several catalysts may push the price of Avalanche higher in the near term. In a statement on Thursday, Avalanche said that it acquired 1.9 million AVAX tokens from the collapsed Luna Foundation Guard. Initially set at $45 million, the tokens were now worth $53 million.
Meanwhile, the Federal Reserve may decide to cut interest rates in its November meeting. A rate cut, a day after Donald Trump won the election, may trigger more gains among risky assets, including cryptocurrencies.
Network data shows that the Avalanche blockchain is doing well as the number of active addresses has risen to 94,154, its highest level in two weeks.
Additionally, Avalanche has had several high-profile collaborations in the past few months. Most recently, it was selected to participate in Kinexys, a project by JP Morgan, the biggest bank in the United States. The partnership will explore privacy and identity solutions for large institutions.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news for trading, staking, investing after our own research. Information source online media. Avax to the Moon š
#AvalancheUpdate #AvalancheAVAX #Avalanche #AVAX #AVAXā
100k Transactions/s (TPS)?$AVAX can with Vryx! š«
Ava Labs shakes up the game with Vryx, a groundbreaking scaling solution for the Avalanche #blockchainā , targeting a whopping 100,000 TPS! šš„
Vryx's innovative pipelined transaction mechanism enhances scalability and efficiency, showcasing #AVAX labs' commitment to pushing the boundaries of blockchain āļø technology.
This game-changing move is set to elevate the Avalanche blockchain, attracting more developers š» and sparking long-term implications for AVAX.
š Witness the Impact: Avalanche crypto's price is on the rise, surging ~20% post-announcement! šš I bet this trend will continue as AVAX remains a top player for the long-term! š #AvalancheAVAX #Write2Earn š
Ava Labs shakes up the game with Vryx, a groundbreaking scaling solution for the Avalanche #blockchainā , targeting a whopping 100,000 TPS! šš„
Vryx's innovative pipelined transaction mechanism enhances scalability and efficiency, showcasing #AVAX labs' commitment to pushing the boundaries of blockchain āļø technology.
This game-changing move is set to elevate the Avalanche blockchain, attracting more developers š» and sparking long-term implications for AVAX.
š Witness the Impact: Avalanche crypto's price is on the rise, surging ~20% post-announcement! šš I bet this trend will continue as AVAX remains a top player for the long-term! š #AvalancheAVAX #Write2Earn š
AVAX š
Avalanche (AVAX) Might Repeat Solana's (SOL) Mind-Blowing Rally
Avalanche is echoing the explosive growth of Solana, with transaction volumes soaring and AVAX breaching the $40 mark. Trader Joe's DEX recorded a whopping $1.23 million in fees, showcasing the ecosystem's vibrant growth.
Large $AVAX transactions hit nearly 1000 exceeding $100k, hinting at bullish sentiment. But, as history whispers caution, the crypto world knows volatility.
AVAX 20% surge places it in the top 10 cryptos, echoing May 2022 peaks. Trader Joe's token, JOE, follows suit with a 9% rise.
The question lingers: Can AVAX sustain this rally, mirroring SOL's 3x ascent? Investors tread wisely, drawing from past cycles.
As AVAX charts its course, the narrative blends opportunity and wisdom. The next weeks will unveil if AVAX secures its spot and thrives amidst market shifts. šāØ Only time will reveal its trajectory, a tale in the making. #AVAX #CryptoJourney #Avalanche #AvalancheAVAX #binanacesquare
Avalanche (AVAX) Might Repeat Solana's (SOL) Mind-Blowing Rally
Avalanche is echoing the explosive growth of Solana, with transaction volumes soaring and AVAX breaching the $40 mark. Trader Joe's DEX recorded a whopping $1.23 million in fees, showcasing the ecosystem's vibrant growth.
Large $AVAX transactions hit nearly 1000 exceeding $100k, hinting at bullish sentiment. But, as history whispers caution, the crypto world knows volatility.
AVAX 20% surge places it in the top 10 cryptos, echoing May 2022 peaks. Trader Joe's token, JOE, follows suit with a 9% rise.
The question lingers: Can AVAX sustain this rally, mirroring SOL's 3x ascent? Investors tread wisely, drawing from past cycles.
As AVAX charts its course, the narrative blends opportunity and wisdom. The next weeks will unveil if AVAX secures its spot and thrives amidst market shifts. šāØ Only time will reveal its trajectory, a tale in the making. #AVAX #CryptoJourney #Avalanche #AvalancheAVAX #binanacesquare
$AVAX Black rock urges its users to invest in Avalanche, Arbitrum,Pol,aptos, time to get in these projects. Avalanche block chain will rock . #benqi will be a king #QI #AvalancheAVAX #ArbitrumARB #Aptosļ»æ #Pol
"šØ Massive $2.6 Billion Token Unlocks Coming in November! Hereās What to Expect! š„"
š„ The crypto market is bracing for major events this November as projects like Aptos, Arbitrum, and Avalanche prepare to unlock a staggering $2.6 billion worth of tokens! These upcoming unlocks could trigger significant volatility, and hereās why it matters:
1. Market Impact:
As billions in tokens become more liquid, expect shifts in price dynamics. Some tokens may experience selling pressure, while others could see strategic accumulation by savvy investors. Itās a time for traders to stay alert! šš°
2. Volatility Ahead:
Token unlocks often lead to price swings as holders decide whether to sell or hold. The question is: will these unlocks spark a market rally or a sharp downturn? The stakes are high, and the opportunities are massive! šāļø
3. Projects to Watch:
Keep an eye on Aptos, Arbitrum, and Avalanche. Each has its own community dynamics and potential catalysts. Understanding these projects' fundamentals could give you an edge in navigating the market this month. šš
---
š¬ Are you positioning yourself for these token unlocks, or are you sitting this one out? Share your strategy in the comments!
š Like, follow, and share for more insights on the biggest crypto events and how to make the most of them!
Source : dailycoin, Cointelegraph.
#arbitrum #CryptoNewsšš„ #Aptosļ»æ #AvalancheAVAX $AVAX
$APT
$ARB
š„ The crypto market is bracing for major events this November as projects like Aptos, Arbitrum, and Avalanche prepare to unlock a staggering $2.6 billion worth of tokens! These upcoming unlocks could trigger significant volatility, and hereās why it matters:
1. Market Impact:
As billions in tokens become more liquid, expect shifts in price dynamics. Some tokens may experience selling pressure, while others could see strategic accumulation by savvy investors. Itās a time for traders to stay alert! šš°
2. Volatility Ahead:
Token unlocks often lead to price swings as holders decide whether to sell or hold. The question is: will these unlocks spark a market rally or a sharp downturn? The stakes are high, and the opportunities are massive! šāļø
3. Projects to Watch:
Keep an eye on Aptos, Arbitrum, and Avalanche. Each has its own community dynamics and potential catalysts. Understanding these projects' fundamentals could give you an edge in navigating the market this month. šš
---
š¬ Are you positioning yourself for these token unlocks, or are you sitting this one out? Share your strategy in the comments!
š Like, follow, and share for more insights on the biggest crypto events and how to make the most of them!
Source : dailycoin, Cointelegraph.
#arbitrum #CryptoNewsšš„ #Aptosļ»æ #AvalancheAVAX $AVAX
$APT
$ARB
āļøTrading Strategy for $AVAX : Navigating the Downtrend Channelāļø
#Avax is currently facing a downtrend on the weekly chart, continuing its movement within a falling channel that has persisted for months.
This pattern suggests a strategy where traders could sell near resistance levels and buy near support. As long as the price respects the channel boundaries, this approach can offer potential trading opportunities, with the key being to watch for any breakouts or breakdowns that could shift the trend direction.
jpg file attached**
ā Proper risk management, including stop-loss orders, is crucial to mitigate unexpected volatility.
#Avaxš„š„ #AVAXUSDTš #Binance #AvalancheAVAX
#Avax is currently facing a downtrend on the weekly chart, continuing its movement within a falling channel that has persisted for months.
This pattern suggests a strategy where traders could sell near resistance levels and buy near support. As long as the price respects the channel boundaries, this approach can offer potential trading opportunities, with the key being to watch for any breakouts or breakdowns that could shift the trend direction.
jpg file attached**
ā Proper risk management, including stop-loss orders, is crucial to mitigate unexpected volatility.
#Avaxš„š„ #AVAXUSDTš #Binance #AvalancheAVAX
Avax Defiance Of Derivatives Market Trends
Following a significant price drop, AVAX has entered a recovery phase. Despite this recovery, investor caution is evident. The Long/Short ratio stands at 0.88, indicating that short positions are more prevalent than long ones. Typically, a ratio below 1 suggests a bearish trend, reflecting cautious market sentiments towards AVAXās future. In contrast to the bearish outlook in the derivatives market, AVAX has risen significantly in the spot market. Recently, AVAX saw a 9.09% increase within 24 hours, trading at $27.44. The Cumulative Volume Delta (CVD) data, which shows a positive buying volume, further supports this strong performance. A positive CVD implies high demand and the potential for continued price increases, possibly reaching the $30 mark if the current trend persists. Open Interest (OI) in AVAX has been on the rise, reaching $267.12 million and nearing $300 million. This growth in OI underscores increasing investor interest and capital flow into the market.
#AVAXā #AvalancheAVAX #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS #BinanceTurns7
Following a significant price drop, AVAX has entered a recovery phase. Despite this recovery, investor caution is evident. The Long/Short ratio stands at 0.88, indicating that short positions are more prevalent than long ones. Typically, a ratio below 1 suggests a bearish trend, reflecting cautious market sentiments towards AVAXās future. In contrast to the bearish outlook in the derivatives market, AVAX has risen significantly in the spot market. Recently, AVAX saw a 9.09% increase within 24 hours, trading at $27.44. The Cumulative Volume Delta (CVD) data, which shows a positive buying volume, further supports this strong performance. A positive CVD implies high demand and the potential for continued price increases, possibly reaching the $30 mark if the current trend persists. Open Interest (OI) in AVAX has been on the rise, reaching $267.12 million and nearing $300 million. This growth in OI underscores increasing investor interest and capital flow into the market.
#AVAXā #AvalancheAVAX #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS #BinanceTurns7
Avalanche (AVAX) Price Update
šĀ Avalanche Price Update!Ā š
Avalanche (AVAX) is currently at $23.26, up by 6.22%! š
AVAX is on the rise. Keep an eye out for more updates! š
#AvalancheAVAX #AVAXā #CryptoNewss #priceupdate
šĀ Avalanche Price Update!Ā š
Avalanche (AVAX) is currently at $23.26, up by 6.22%! š
AVAX is on the rise. Keep an eye out for more updates! š
#AvalancheAVAX #AVAXā #CryptoNewss #priceupdate
Avalanche (AVAX) Price Analysis š„
Avalanche's (AVAX) valuation against Tether (USDT) has demonstrated a bullish breakout from an ascending triangle configuration, with a subsequent retest at the dynamic resistance level. This technical pattern indicates a potential upward momentum for the asset.
Upon meticulous examination of recent price action, AVAX has successfully breached the descending resistance trendline in the macro perspective. This development is corroborated by bullish indicators evident on the chart.
Provided AVAX sustains its current trajectory and eclipses the **$37.00** threshold, we anticipate initiating a considerable rally, marked by robust capital appreciation. In contrast, a retreat below the **$34.50** pivot point may precipitate a pronounced retracement, potentially directing the asset towards the foundational support zone delineated between **$32.40** and **$29.30**.
Investors and traders are advised to monitor these levels closely, as they may serve as critical junctures influencing AVAX's short to medium-term market valuation.
$AVAX
#AVAX #Avalanche #AvalancheAVAX #AVAXāļø #AVAXā
Avalanche's (AVAX) valuation against Tether (USDT) has demonstrated a bullish breakout from an ascending triangle configuration, with a subsequent retest at the dynamic resistance level. This technical pattern indicates a potential upward momentum for the asset.
Upon meticulous examination of recent price action, AVAX has successfully breached the descending resistance trendline in the macro perspective. This development is corroborated by bullish indicators evident on the chart.
Provided AVAX sustains its current trajectory and eclipses the **$37.00** threshold, we anticipate initiating a considerable rally, marked by robust capital appreciation. In contrast, a retreat below the **$34.50** pivot point may precipitate a pronounced retracement, potentially directing the asset towards the foundational support zone delineated between **$32.40** and **$29.30**.
Investors and traders are advised to monitor these levels closely, as they may serve as critical junctures influencing AVAX's short to medium-term market valuation.
$AVAX
#AVAX #Avalanche #AvalancheAVAX #AVAXāļø #AVAXā
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$AVAX
Current price 22.07
If Wolfe pattern succeeds its target will be 33
#Avaxš„š„
#AVAXā
#AvalancheAVAX
Current price 22.07
If Wolfe pattern succeeds its target will be 33
#Avaxš„š„
#AVAXā
#AvalancheAVAX