Avalanche [AVAX]: How this falling wedge set-up could play out

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Avalanche AVAX has been on a persistent downslide after slipping from the $101-mark at the inception of this month. The sellers continued to steal the existing momentum.

Timeline of Avalanche

The government surveillance whistleblower Edward Snowden ended up revealing that he played a pivotal role in the creation of the privacy token known as Zcash ZEC/USD.  There was a video posted by Zcash Media that featured an interview with Snowden, where he outlined his involvement as one of the six people who had a piece The post High-growth potential tokens that should not be missed this week: SOL, ZEC and AVAX appeared first on Invezz.

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding The Avalanche network's premier scaling solution is being put to the test as subnets begin to roll out Anchor's yield reserves are drawing down quickly as Terra's UST continues its rapid expansion across L1 ecosystems The Polkadot ecosystem nears a major milestone with the pending arrival of XCM

With the bear cycle cracking below the support trendline, the sellers plan a downfall below the $70 mark. Moreover, the retest of the bearish breakout brings an entry point for sellers.

A leading crypto asset manager says that institutional investment products stemmed outflows last week thanks to continued investment in altcoin-focused products. In the most recent Digital Asset Fund Flows Weekly report, CoinShares finds that crypto investment products suffered minor outflows last week. “Digital asset investment products saw outflows cool last week, totaling US$7.2m, bringing total outflows The post Institutional Investors Scoop Up Discounts on Avalanche (AVAX), Solana (SOL) and Two More Altcoins: CoinShares appeared first on The Daily Hodl.

Avalanche(AVAX) Avalanche price was all set to begin the fresh weekly trade on a significant upswing but eventually ended up draining the price. The AVAX price was above both 55-day MA and 200 day  MA levels and quickly the price was pushed towards the south quickly towards $70. However, the price just broke from the …

Avalanche and Polygon growth remains stable despite the recent market hiccups and during the first quarter of 2022, BNB Chain also maintained growth so let's read more today in our latest blockcahin news today. The leading blockchain data analytics platform Nansen released a new analysis report that revealed the crypto market witnesses a decline in