Avalanche ‘bull trap’ risks pushing AVAX price down by 30% in February
The price of AVAX has more than doubled in 2023 but a growing divergence between several key metrics hints at a bearish reversal ahead. Go to Source Powered by WPeMatico
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Price analysis 2/1: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Crypto traders are waiting for the result of today’s FOMC and it’s possible that the recent downside could reverse course if Powell’s statements hint at an improving U.S economy. Go to Source Powered by WPeMatico
LTC, AVAX, APT and FTM prepare to rally as Bitcoin price targets $24K
Bitcoin bulls look to push BTC price to $24,000 and in doing so, LTC, AVAX, APT and FTM could extend their monthly gains. Go to Source Powered by WPeMatico
Biggest Movers: DOGE up to 6-Week High, as AVAX Jumps 13% on Saturday
Dogecoin rose to a six-week high on Saturday, as prices rose above a key resistance level to start the weekend. The meme coin climbed to its strongest point since December, as the global crypto market cap was mostly in the green in today’s session. Avalanche also surged today, hitting its strongest point since August. Dogecoin … Read more
Price analysis 1/27: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin and select altcoins continue to consolidate near their recent highs, increasing the possibility of an upside breakout. Go to Source Powered by WPeMatico
Price analysis 1/25: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin and the wider crypto market began to correct after the bullish momentum that drove last week’s rally to year-to-date highs started to fizzle out. Go to Source Powered by WPeMatico
Biggest Movers: AVAX Hits Multi-Month Peak, as MATIC Jumps to 1-Week High
Avalanche moved to a multi-month high on Jan. 24, after reports that the number of bitcoin on its network rose to 5,493. The news saw the token surge by nearly 5% today, rising for a third straight session in the process. Polygon also moved higher on Tuesday, hitting a one-week high. Avalanche (AVAX) Avalanche (AVAX) … Read more
Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network
Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins. … Read more
Data suggests Avalanche’s (AVAX) rally was a buy the rumor, sell the news event
AVAX price rallied after announcing news of an Amazon cloud integration, but does the news do anything to improve Avalanche’s fundamentals? Go to Source Powered by WPeMatico
Ava Labs and Amazon’s partnership could “expand the pie” for blockchain
The collaboration will allow both individuals and institutions to launch subnets that can operate as self-sufficient blockchain systems. Go to Source Powered by WPeMatico
