Key facts today
Avalanche (AVAX) faces resistance at $23.50, with support from a rising 20-day EMA at $20.22. A close above $23.50 may lead to a rally towards $31.73.
Key stats
About Avalanche
Avalanche is a layer-1, proof-of-stake blockchain, posing as a direct rival to Ethereum given its focus on smart contracts and aim to accommodate a plethora of decentralized applications. Launched in 2020, Avalanche’s network offers high transaction throughputs. It also offers blazingly fast finality times (the time before a transaction can be considered complete or ‘finalized’) of around one second compared to Ethereum’s one minute. All this has put its native token AVAX up there with the speediest cryptos in the game. Its ‘Avalanche Bridge’ (AB) also aims to open a channel to Ethereum, allowing for easy passage of assets on the rival chain.
Using Bitcoin to boost AVAX trade successIn this video, I’ll show you tactics I use where a trigger in Bitcoin helps build confidence in an AVAX position. I combine a large descending triangle with a smaller ascending triangle to size up aggressively with a strong risk-reward ratio, staying heavy long to maximise upside in a bullish market
AVAX trading plan through the 27th In this video I considered the global possible price movement, also made possible scenarios for the current week
Right now the price has reached an important level and considering the bearish divergences there is a chance to see a quick correction
Write a comment with your coins & hit the like bu
These 3 Things Will Show You How To Take Profit On Trades.Its been a crazy week.This is because i am developing
a new trading strategy.Trying to learn something new
is not easy at all.
When you look at this chart you will see:
-The cross below the 20 level
-The blue line is above the orange line
-The Stochastic has coordinates
These 3 things w
AVAXUSD cooking massive Triangle bullish tradeAvalanche / AVAXUSD is trading inside a massive Triangle pattern for the entirety of its history.
The price just hit its bottom this week and is rebounding with force.
The first target is 45.000, right at the top of the pattern.
If however the 2021 Bull Cycle is confirmed then the price can break
Avalanche (AVA): Overextended! Is This Ready for a Bullish Move?Avalanche (AVAX) is currently presenting an intriguing setup, with price action showing signs of being overextended on the daily and 4-hour timeframes. The cryptocurrency has recently traded into a critical support zone, defined by previous swing lows on the daily chart. This area has historically a
AVAX - Side-Ways TradingI believe AVAX has seen the worst, the price won't drop any lower, as its quite below the 50MA on a weekly time frame (VAN ECK ETF filing will draw investment opportunities). I further believe the price will climb back up to 30USD and create a sideways channel, fluctuating in the 30-15USD range, for
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
Avalanche (AVAX) reached its highest price on Apr 5, 2022 — it amounted to 97.648 USD. Find more insights on the AVAX price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Avalanche (AVAX) reached the lowest price of 8.517 USD on Sep 25, 2023. View more Avalanche dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying AVAX is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade AVAX right from TradingView charts — just choose a broker and connect to your account.
You can discuss Avalanche (AVAX) with other users in our public chats, Minds or in the comments to Ideas.