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Avalanche price analysis: AVAX crashes 6 percent to test $19 support

www.cryptopolitan.com

Avalanche price analysis shows a bearish trend taking over trade for the token, as price dipped for the second day running over the past 24 hours. AVAX touched a 3-month high of $22.71 on February 2, and seemed to have settled around that price point.

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Bitcoin AVAX
$ 34.78

Timeline of Avalanche


What Instore For BTC, SOL, AVAX, and GMT Prices? Analyst Maps Next Levels - CoinPedia

Altcoin Sherpa, a well-known crypto strategist, and analyst, recently made several price predictions for the cryptocurrency market in February 2023. In his recent tweets, he discussed his next levels for Bitcoin (BTC), Solana (SOL), Avalance (AVAX), and STEPN (GMT).


Avalanche price analysis: AVAX rejects $22 as correction reinstates - Cryptopolitan

The Avalanche price analysis right now is negative. Bulls succeeded in extending the positive trend yesterday by trying to enhance the coin's value, but the price increase was modest.


Avalanche: Can last week's achievements beat the odds of a downtrend?  - AMBCrypto

3 February's weekly roundup of Avalanche [AVAX] pointed towards a general growth of the network. Notably, Ava Labs launched its new explorer for Avalanche P-Chain, which came with several useful features.


As Avalanche Price Explodes, These 3 Altcoins Might 20x in 2023 - Cryptonews

AVAX, the cryptocurrency that powers Avalanche's high-performance smart-contract-enabled layer-1 blockchain protocol, has been surging in 2023. The cryptocurrency is already up nearly 100% since the turn of the year, with AVAX last changing hands to the north of $21 per token, having ended 2022 under $11.


First Mover Americas: Network Update Lifts AVAX - Coindesk

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 2, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.


AVAX Price Shoots 14% As Avalanche Daily Transactions Shoot 85% - Coingape

AVAX, the native cryptocurrency of the Avalanche blockchain network is up by 14% at press time and is trading at $22.32 levels. With this recent price boost, the AVAX price is up by more than 100% on the monthly chart.


Avalanche boosts growth prospects: Will it influence AVAX's price action - AMBCrypto

Institutional adoption is no doubt one of the most important catalysts in the crypto and blockchain segment. This was evident in 2021 by the robust adoption that poured in, albeit short-lived.


Crypto Strategist Predicts Rallies for Polygon and Avalanche, Says Ethereum Setting Up To Outperform Bitcoin - The Daily Hodl

An analyst who called the end of Bitcoin's (BTC) bull market last year is predicting surges for blockchain scaling solution Polygon (MATIC) and smart contract protocol Avalanche (AVAX). Pseudonymous analyst Pentoshi tells his 671,300 Twitter followers that MATIC looks bullish and could be gearing up for a rally toward a major resistance area.


Biggest Movers: DOGE up to 6-Week High, as AVAX Jumps 13% on Saturday - Bitcoin

Dogecoin rose to a six-week high on Saturday, as prices rose above a key resistance level to start the weekend. The meme coin climbed to its strongest point since December, as the global crypto market cap was mostly in the green in today's session. Avalanche also surged today, hitting its strongest point since August.


BNB May Plummet By 12% As Avalanche (AVAX) Witnesses An Imminent Fall To Below $14 - Coincu

Key Points: A well-known cryptocurrency analyst and trader is pessimistic about Binance Coin (BNB) and one Ethereum (ETH) competitor in the short run. Starting with Binance Coin, Smart Contracter, a pseudonymous analyst, advises that the fifth-largest crypto asset by market value might fall by 12% from present levels.

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Bitcoin Bitcoin
62533.4000 -1.38%
Ethereum Ethereum
3010.64000 -1.81%
BNB BNB
584.590000 -1.42%
Solana Solana
146.466000 -5.09%
XRP XRP
0.52715200 -2.61%