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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.
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AVAXUSD – Grinding Down, Rebound DeniedAvalanche has continued its downward trajectory, posting consistent lower highs and lower lows. After a brief attempt to recover during the late session of June 17, price failed to hold above $18.80 and resumed the bearish grind. The decline is steady rather than sharp, indicating controlled selling
Avalanche Slides into Bearish Drift After Double TopAvalanche (AVAX) initially rallied strongly but formed a double top near $22.80 before entering a persistent downtrend. The pair is now trending below $21.10 with lower highs and lower lows, suggesting weakening momentum and a bearish breakout risk.
AVAX - Any Daily Chart Opinions?📉 Trend Overview
- AVAX has been in a clear downtrend since mid-May,
- steadily declining from ~$27 to the current ~$18.
- Multiple lower highs and lower lows are evident, confirming bearish market structure.
🔍 Price Action
- Price is currently testing a key support zone around $17.50–$18,
- near
AVAX: Low in Sight?AVAX continued its expected decline into the magenta Target Zone between $24.42 and $13.31, before reversing course over the weekend with a modest bounce. While it's possible that this marked the low of the wave ii correction, we're not ruling out the potential for another dip within the zone. For n
Long Trade Analysis – AVAX/USD (30M Chart)!📈
✅ Setup Overview
Chart: Avalanche (AVAX) / USD, 30-minute timeframe (Coinbase)
Pattern: Descending trendline breakout
Trade Type: Long (Buy)
📌 Key Levels
Entry: ~$20.77 (at trendline breakout + above yellow zone)
Stop Loss: ~$20.34 (recent low/support zone)
Target 1: ~$21.23 (first resistanc
Avax headed for 100%+ gainsAVAX Linear regression trend for 2-day chart just turned in a buy signal. Price is in the lower 25% Bollinger Band range, indicating a low risk entry. I am targeting the 3-year pivot point at $54 I will set a trailing stop at that point for $10 below the highest price and let it run out from ther
AVAX Dual Scenario Analysis: Breakout or Further Drop?In the analysis of the AVAX 1H chart, if the highlighted candle gets strongly engulfed by a solid red candle, we could expect a continuation of the Avalanche downtrend. On the other hand, if the blue line is broken to the upside, it could present a good long opportunity.
Keep in mind that in both
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Frequently Asked Questions
Avalanche (AVAX) reached its highest price on Nov 21, 2021 — it amounted to 146.423 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 8.255 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.