avalanche
Recent Avalanche (AVAX) price trajectory has been marked by a series of sharp declines. The 15% drop over the past week has sent Avalanche price below its past six-month low. Trading at approximately $24.51 at the time of writing, AVAX price has dropped by 60% since hitting a high of $60.39 in March. More trouble ahead for Avalanche (AVAX)As if the current decline is not enough, technical analysts have pointed to a troubling head and shoulders pattern, a classic indicator of potential further downside. According to experts like Crypto Patel, the breach of critical support levels suggests a loo...
Invezz
Avalanche (AVAX), a cryptocurrency platform that rivals smart contract network Ethereum, extended its gains on Tuesday. AVAX has rallied nearly 25% in the past week, technical indicators show that the token could continue climbing higher. The project announced the launch of a new Layer 1 chain targeted at game developers. Avalanche could extend gains this weekThe Ethereum competitor is exchanging hands at $40.49 on Binance. Avalanche rallied over 38% from the April 13 low of $29.24 to $40.49. Starting May 15, AVAX price has formed higher highs and higher lows. A daily candlestick close above t...
Invezz
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