Avalanche: Caught in a snowstorm, AVAX bears the brunt of the crash


Avalanche is facing a testing day in the past 24 hours with the Ava Labs cryptocurrency facing massive volatility. The AVAX token initially went through a 16% dip before gaining momentum and rising above by 10%.

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Timeline of Avalanche

Are Terra developers migrating to AVAX, SOL, MATIC & ADA? The metrics say… - AMBCrypto

TerraUSD [UST] coming loose from its peg didn't just drag down the price of the stablecoin, but led to LUNA's market cap also diving and sent a shockwave of fear and anger through the communities participating in these projects. But it's not just a question of price, as investors speculated that Terra developers would migrate

Avalanche price analysis: AVAX plummets to lows of $28.92 - Cryptopolitan

Avalanche price analysis shows that AVAX closed the week at $28.92 and is currently down by 86.84 percent. The cryptocurrency has not been able to break out of the descending triangle it has been trading in for the past few days.The market capitalization for AVAX is currently at $7,739,747,117, and the trading volume is at.

$52 or $20 – Which level will AVAX see first? - AMBCrypto

AVAX's price has been hovering above a stable support level with no signs of a volatile move in sight. However, things could change as Bitcoin's price is starting to look bullish.


Bitcoin, Ethereum, Avalanche, and Litecoin Daily Price Analyses – 17 May Roundup - Cryptopolitan

The performance of the global crypto market over the last day shows the coming back of it to the same pattern, as evident from Bitcoin's performance. It has continued to alternate between bullish and bearish waves.

Avalanche: Post major sell-off, why AVAX is having a tough time finding stable footing - AMBCrypto

Avalanche is up roughly 10% at its current price of $33.40 after bottoming out at $23.51 on Thursday. However, it has already registered some downside in the last few hours, confirming the lack of enough buying pressure to maintain the rally.

Avalnche (AVAX) Slumps 5% In Minutes On Fears Of Terra Dump - Coingape

Avalanche (AVAX) slumped on Monday as traders feared that the Luna Foundation Guard (LFG) could dump its holdings of the token. AVAX is trading at $32.41, down 6% over the past 24 hours.

Why investors must keep an eye on these AVAX price levels this week - AMBCrypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Like most altcoins, Avalanche (AVAX) noted a substantial diminution in its value over the past month. The sell-off from its six-month trendline resistance (white, dashed) carved out a falling wedge (white) on the daily timeframe.

Here's how Avalanche [AVAX] is responding to a slew of good developmental news - AMBCrypto

The crisis with Terra's stablecoin TerraUSD (UST) and the free fall in Terra's LUNA token has put a deep dent the overall crypto sentiment. Every coin has witnessed some losses following this crash.

Biggest Movers: LUNA Climbs 1,500% Following Do Kwon Tweets, While AVAX and NEAR Fall on Saturday - Bitcoin

Following tweets from Terra founder Do Kwon, LUNA surged by over 1,500% on Saturday. However, with several exchanges halting deposits, only those who entered at the very bottom have seen these gains. This comes as AVAX and NEAR both fell by over 20%. Avalanche (AVAX) Although LUNA was undoubtedly today's biggest gainer, recent volatility and

Avalanche price analysis: AVAX nosedives to new lows of $30.04 - Cryptopolitan

Avalanche price analysis indicates AVAX closed the week in a bearish trend and is now trading around $30.The prices have declined by 15.08 percent in the last 24 hours and are likely to plummet further. The digital currency has been on a downtrend for the entire week and today it hit the lowest point of.