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Avalanche

Avalanche Buy OpportunitySo far, I have profited 450%, 56% and 223% from Avalanche. I have already shared the profits I made in 2023 in my X report, and my followers have profited with me. I don't have any Avalanche at the moment. I am waiting for this moving average to pick up. If Avalanche falls below the moving average, I will wait for my Dip Finder indicator to turn green to buy. But if it is rejected from the moving average, I will buy and hold it until my indicator lights white. I will update this post again when I buy, so I recommend you to stay tuned.
CRYPTO:AVAXUSD
by YavuzAkbay
NUKLAI NAI at the ABSOLUTE BOTTOM - #datanomics and MOREAbstract Nuklai is one of those projects that when you truly get to understand it, not only you realize it's a hidden gem, but it has the potential to become its own type of Web3 subdivision such as DeFi, NFT, Metaverse, etc. In this case, we're looking at the birth of #Datanomics, or the monetization of user's data using Web3 technology. Fundamental Reasons why NAI is a good project Data mining by big corporate such as Google, Meta, and others is the fundamental pillar on which their business models are based. No data, no freemium. So companies such as Google and Meta get user's data for free, in exchange for Google and Meta products and services. But what if users could monetize their own data as NAIF tokens and get these companies to pay them for their data? Not only is this an idea that can change it all, but it has been tested and it works! If you go into their X profile , you can find they already tested this model with a BTC Price Prediction Research that got 2858 entries . This means 2858 NAIF (fraction tokens) were minted, and now each token holder is receiving passive income from 3 subscribers for their contribution to this dataset. This is the first time a user's data is tokenized in such a way! Token fractions (NAIF) from decentralized datasets is only one of the innovations Nuklai is working on. Another important highlight is their Private Data Networks offer for big enterprises will also bring Web3 data usage to the masses, although this is more of a B2B approach. Web3 users are used to paying money for acquiring tokens. But what if you can share data for tokens that provide passive income instead? Passive income NAIF tokens swapped for Web3 users data will take off when the market realizes its potential, the #datanomics potential. Technical Reasons why NAI chart is looking promising There are three main reasons why the NAI chart looks incredible, almost like an absolute bottom: 1. NAI is in a bullish descending channel that just touched the bottom for the third time. Price action is ready to move into an accumulation sideways. The bottom has just hit only some hours ago. 2. You can see NAI is actually at the bottom of a saucer pattern. Its price action resembles that of BTC 2013-2017 and its three phases of the saucer pattern: descending channel, sideways accumulation channel, and bullish ascending channel. NAI is doing the same. It's now just entering the sideways accumulation channel. 3. The bottom of NAI is at 0.118 fib retracement line, where most bottoms for cryptos occur. This happened the same with LINK, BTC, ETH, etc, at some point, showcasing the unique opportunity to get into NAI at the bottom 4. 4h RSI at total oversold levels. Bounce imminent. And finally, at only 12M marketcap? There is no greater jewel in the crypto space right now. If NAI does a proper saucer pattern just as the one BTC did, we could see around +13000%, which will make the price go at least to the 13 FIB line, which is exactly at $1 USD per NAI. I think we may see this within the next 12-18 months or so.
GATEIO:NAIUSDTLong
by CoinMajesty
AVAX - Big One? Hi, this is my new update for AVAX. As you see we are in a big range over 6 months now and I expect we are going to takeoff in the next couple of weeks. In the picture above you see Ethereum in 2017 and it seems that we are going to try something similar to what Ethereum did. Right now we are in the yellow circle and we are backtesting the trendline. If it holds then we are getting ready for 170% upside with the main target 95-100$. We have still things to settle, like the RSI and the moving averages. The RSI is still bellow the trendline. We have good support level around 28 -31$ and big resistance around 55-65$. Good things take time, be patient.
COINBASE:AVAXUSDLong
by GOAT1375
2
AVAX/USDT upward momentum from descending resistance breakout? 💎 Paradisers! Keep a close watch on #AVAXUSDT as it shows strong indications of a bullish continuation following a breakout from its descending resistance. 💎 Reviewing recent movements, #Avalanche has effectively broken above its descending resistance and is now positioned for a rise starting from the demand level at $36.72. If it can maintain this momentum, we expect a vigorous advance toward higher levels, although some initial resistance might provoke a significant uptick. 💎 It’s crucial to consider that if the price struggles to maintain momentum at the current demand level, it could signal a softening of the bullish scenario. In such an event, we are prepared to capitalize on a bullish rebound from a lower support level at $35.11. The substantial liquidity at this level indicates that CRYPTOCAP:AVAX could mount a strong bullish recovery. Nonetheless, a breach below this demand level could lead to a notable decline in price. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
1
AVAX/USDT It looks fake out, is need reclaim for back to upward!💎 Paradisers, #AVAX is indeed a coin worth monitoring closely. 💎 It has experienced a fakeout, indicating uncertainty in the market. This could lead to a potential test of the OB (Order Book) to gather liquidity before attempting to reclaim or break the resistance level for continued upward movement. 💎 However, if AVAX successfully reclaims the price above the resistance without testing the OB first, it may signal strong bullish momentum, potentially leading to a move towards the supply area around the $47 level. 💎 Breaking through the supply area is crucial to confirm a bullish trend reversal, indicating further upward movement for AVAX. 💎 Conversely, if AVAX fails to break through the supply area and experiences a strong rejection, the price may retreat and test the support level around $39.8, which previously acted as resistance. 💎 A concerning scenario would be if AVAX fails to bounce upon reaching the OB area, potentially leading to a breakdown and a move towards the key support level. 💎 In such a case, a bearish invalidation would occur if AVAX breaks below the key support level and the daily candle closes below it, signaling a continuation of the bearish movement with potential further downward momentum. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
2
AVAX: The Ultimate Crypto Showdown!Hey traders, get ready for the showdown of the century with AVAX! In today's thrilling episode, AVAX is gearing up for an epic battle near the critical $33.755 support level. But hold onto your seats, because this isn't your average crypto saga! As the tension mounts, AVAX faces off against formidable bearish threats, with $43.205 serving as the ultimate prize for the victor! Will AVAX emerge triumphant, soaring towards $54.345 and beyond? Or will it face defeat, succumbing to a downward spiral towards $28.670 and beyond? The stakes are high, and the drama is real! Tune in to witness the ultimate crypto showdown unfold!
by Trade-Lean
1
Avalanche in 2024: Boom or Bust? Examining Analyst Predictions The cryptocurrency space is a whirlwind of predictions, with influencers and analysts vying for attention with bold claims about the future of various digital assets. One such case is Crypto Archie, a popular Twitter personality who recently made a bullish prediction for Avalanche (AVAX), a gaming-centric cryptocurrency. With AVAX experiencing a significant rise this year, the question remains: is Avalanche poised for an "explosion" in 2024? Avalanche's 2024 Trajectory: A Look at the Numbers Crypto Archie's prediction certainly piques investor interest. Avalanche has indeed made impressive strides in 2024, boasting a 158% year-to-date (YTD). This growth is a testament to the increasing adoption and potential of the Avalanche ecosystem. However, recent price fluctuations paint a slightly different picture. Trading around $35 at the time of writing, Avalanche seems to be experiencing a period of uncertainty. The Relative Strength Index (RSI), a technical indicator used to gauge market momentum, currently sits around 52. This suggests a balanced market, with no clear indication of overselling or overbuying. This neutrality could be interpreted as a sign of consolidation before a potential breakout, but it also reflects investor hesitation. Technical Support and Resistance: A Range-Bound AVAX? Currently, Avalanche seems to be tethered between $30 and $34. This relatively narrow range indicates potential price fluctuations within these boundaries in the near future. While this might not align with Crypto Archie's vision of an "explosion," it doesn't necessarily negate the possibility of future growth. Beyond Predictions: The Strength of Avalanche's Technology While analyst predictions and price movements are important factors, they shouldn't be the sole basis for investment decisions. A crucial element to consider is the underlying technology powering the cryptocurrency. Avalanche boasts a unique architecture designed for scalability and speed, addressing some of the limitations plaguing older blockchains like Ethereum. Avalanche's platform allows for the creation of subnets, essentially customized blockchains for specific applications. This caters particularly to the gaming industry, where fast transaction speeds and scalability are paramount. Additionally, Avalanche's security relies on a Proof-of-Stake (PoS) consensus mechanism, which is considered more energy-efficient compared to Proof-of-Work (PoW) used by Bitcoin. These technological advantages position Avalanche as a strong contender in the burgeoning blockchain-powered gaming space. Increased adoption from game developers and players could fuel future price growth for AVAX. Investing in Avalanche: A Calculated Approach While Crypto Archie's prediction injects optimism, it's essential to approach cryptocurrency investments with a healthy dose of skepticism. The market is inherently volatile, and unforeseen events can significantly impact prices. Conducting thorough research beyond analyst predictions is crucial. Understanding the technology behind Avalanche, the competitive landscape, and the overall market trends is essential. Additionally, investors should consider their risk tolerance and develop a well-defined investment strategy before committing any capital. Avalanche in 2024: A Promising Future Built on Technology Whether Avalanche experiences an "explosion" in 2024 remains to be seen. However, its robust technology, focus on the booming gaming sector, and existing community support create a compelling case for its long-term potential. While short-term price movements may be uncertain, Avalanche's fundamentals offer a solid foundation for future growth. For investors, careful research, understanding individual risk tolerance, and building a balanced portfolio remain key to navigating the ever-evolving cryptocurrency landscape.
Long
by bryandowningqln
📈Technical Analysis: AVAX for Potential Trading Opportunities🚀📈 Comprehensive Analysis of AVAX: Daily Market Insights 📈 ☀️In today's analysis, we embark on a journey into the intricacies of Avalanche (AVAX) trading, exploring potential avenues for profit amid evolving market conditions. As we delve deeper into the dynamics of AVAX, we uncover compelling insights that could shape your trading decisions. 🔍Zooming into the 4-hour timeframe, AVAX witnessed a noteworthy retracement following its ascent to the $63.78 mark, experiencing a 50% pullback. However, the retracement lacked significant bearish momentum, hinting at underlying strength within the market. This suggests the potential for a bullish continuation, with a promising trigger emerging on the horizon. 📉Amid recent market volatility, AVAX found reliable support around the $33.13 level, followed by a rebound and subsequent retracement to the 0.382 Fibonacci level. Despite minor fluctuations, the prevailing sentiment leans towards optimism, as sellers struggle to exert sustained downward pressure. This sets the stage for potential long positions, contingent upon buyer confirmation. 📊While current volume levels remain subdued, reflecting typical weekend trading patterns, there's a modest uptick compared to previous sessions. However, volume alone fails to decisively affirm the direction of the trend. Meanwhile, RSI presents a noteworthy signal around the 65.43 mark, indicating the potential for overextension and signaling bullish momentum if surpassed. 💡For traders eyeing short-term opportunities, consider a long entry upon breaching the $39.28 threshold, coinciding with the 0.5 Fibonacci level and offering confirmation of bullish momentum. Patience is key as volume dynamics unfold, potentially affirming buyer conviction. Additionally, monitor for a potential short entry below $33.13, particularly as the SMA99 converges with candlesticks, hinting at potential bearish momentum. 📝As we navigate the complexities of the AVAX market, it's imperative to remain vigilant, adapting your strategy in response to evolving market dynamics. The current landscape presents an array of opportunities for astute traders to capitalize on potential price movements. Stay tuned for ongoing updates and insights as we continue to dissect the intricacies of AVAX trading. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Long
by itsparham96