Generally, the cryptocurrency market is bearish at the moment, with coins like Avalanche (AVAX), Ethereum, Litecoin, XRP, Solana, and others all caught in this trend. Currently, the price of AVAX is on a strong bearish move below the 100-day Moving Average (MA) and could continue in that direction for a while before retracing. Technical Indicators…
Despite still having a market cap in the billions, Avalanche (AVAX) has struggled significantly over the last few years. The coin had seen its shine back in the DeFi summer of 2021-2022, but since then, it has essentially been downhill from there, save for a few recoveries over the years. Now, though, as the market…
Avalanche (AVAX) has been riding a wave of optimism as bulls push for a breakout above the crucial $27–$28 resistance zone. Currently, AVAX trades just above $26.5, marking its fourth consecutive day of gains. Related Reading The move comes as Ava Labs strengthens its ecosystem with two high-profile partnerships: an MoU with Korean firm WeBlock…
Cryptocurrency enthusiasts are ecstatic after AVAX mapped out the first signs of a probable breakout, and a famous crypto analyst fueled the wave of optimism with his bullish forecast. The expert, Alan Santana, believes that AVAX graphs look pretty much alike compared to Bitcoin before it surged in price. Now, can AVAX be about to…
The Avalanche token (AVAX), like most other altcoins, felt the bearish impact of the general market downturn, which resulted in a billion-dollar liquidation in the crypto market. Historical price data, however, shows that AVAX has been experiencing selling pressure long before this recent market crash. As expected, the struggling price of the Avalanche token has…
Throughout the majority of the year, the Avalanche (AVAX) coin has seen a predominantly bearish trend. However, it has recently exhibited a noteworthy resurgence. Avalanche has demonstrated remarkable performance within the cryptocurrencies sector, exhibiting a significant increase of 10% during the past 24 hours. The AVAX price, which is currently valued at $18.12, exhibits a…
Stars Arena, a decentralized social media platform built on the Avalanche network, has suffered a major security breach, resulting in the loss of a significant amount of cryptocurrency. This comes barely a day after the decentralized application (dApp) reportedly fixed a loophole in its smart contract. On Thursday, October 5, the Stars Arena team said…
According to a recent announcement from blockchain platform Avalanche (AVAX), Australia and New Zealand Banking Group (ANZ) has partnered with Chainlink (LINK) Labs to explore the potential of on-chain digital assets for global movement and settlement. Using Chainlink’s Cross-Chain Interoperability Protocol (CCIP), the collaboration aims to connect the Avalanche and Ethereum (ETH) blockchains to enable…
AVAX, the native token of Avalanche blockchain network, has now lost almost 90% of its November 21, 2021 all-time high price of $144.96. AVAX was severely affected by buying pressure over the last two months The altcoin declined by almost half over the last 60 days Resistance range targeted by AVAX is between $18.3 and…