In its latest quarterly update, Grayscale announced the rebalancing of funds for the fourth quarter of 2022. As part of the rebalancing, Grayscale sold off a certain amount of its Digital Large Cap Fund and dumped its held tokens, including Avalanche Network token AVAX. AVAX has slipped by 2% following the sell-off in the past…
AVAX’s price shows strength as it bounces from a downtrend with high volume, aiming for a rally to $20. AVAX faces a rejection to trend higher above $17 after the price fell sharply below key resistance. AVAX’s price remains strong below the 50 Exponential Moving Average (EMA) as it attempts to rally past a key…
AVAX price continues to trend downwards as price remains bearish with price trading on key support. AVAX trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs. The price of AVAX needs to break and hold above the key resistance of $30 to resume bullish price movement. The price of…
AVAX price ranges below 50 and 200 EMA on the daily timeframe. Price continues to maintain a downtrend as it aims to break out to the $20 range. AVAX price closes attempting to break out of its downtrend on low timeframe. Avalanche (AVAX) price has failed to sustain its head high above the blood bath…
Avalanche (AVAX) price continues to hold key support against tether (USDT) as price finds itself amid death or survival. The crypto market has become promising as most altcoins appear bullish coming out of their shells, but the likes of Avalanche (AVAX) price continue in their struggle to survive. (Data from Binance) Avalanche (AVAX) Price Analysis…
The price of Avalanche (AVAX) slips at $30 against Tether (USDT) as Avalanche (AVAX) eyes key support to hold the price from selling off. AVAX showed great strength rallying to a high of $30 but was rejected as Bitcoin’s (BTC) price continued to go lower, affecting the price of AVAX from trending higher. (Data from…
As the crypto market started recovering after Bitcoin experienced nine red weeks, some crypto projects have recorded incredible performance. That highlights their strength in a downtrend. Crypto analyst, Austin Arnold, expressed to his Youtube community what aspects they need to consider while choosing a project to invest in a bearish market. And identified four crypto…
Shiba Inu, the self-acclaimed Dogecoin-killer, has shaken the market with its recent bullish momentum. The meme coin has surmounted over 350% upsurge within one week, ranking it amongst the top 12 cryptocurrencies based on market capitalization. Presently, SHIBA is the most traded currency on leading exchanges like Coinbase, Binance, and Huobi. Memecoins A meme coin…