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Avalanche

AAVE Undervalued Will Rise.AAVE is the biggest DeFi lending protocol in cryptocurrency with $16 Billion total value locked ( TVL ) and has been moving a little sideways since September 20th from $260 - $315. We've been trading under the point of control (POC) at roughly $360 -$386 were the majority of buying and selling for AAVE has occurred since January earlier this year. Still a nice run up back to the the 0.382 Fibonacci level at $360 from these levels. $287 has been a sturdy support level since last month. AAVE has also deployed on the Avalanche ecosystem this month further expanding their services and adoption. AAVE has experienced a 1000%+ gain in total value locked ( TVL ) from October 2020 were it was just under $1 Billion. That trend only seems to be getting larger. The TVL on AAVE is bigger than the current market cap of $4 Billion. Keep AAVE on your radars! This is a fundamentally strong cryptocurrency that will continue to grow. AAVE has been marinating still a nice amount of room on the RSI as well. Much peace, love, health, and wealth!
Long
by peacefuljustin
🔥 AVAX Massive Reversal: Shot At All Time HighAround a week ago I made an analysis on AVAX. In this analysis I argued that AVAX was likely to reverse from that point onward and make its way to the $75 target. Today we're seeing a very strong day for AVAX. Investors have been waiting for almost a month to hop in AVAX again, which they did in big numbers over the last three days. With the current price action, I'm expecting AVAX to reach $75 in the next couple of days. In case of a strong parabolic move, like in August, we might even shoot up further. In that case I've added a second target to the chart: $90. Happy trading!
Long
by FieryTrading
8
$FRONT/BTC 2D (Binance Spot) Falling wedge on supportFrontier is looking interesting here for a bounce towards 100EMA and maybe even a bullish breakout after. More information about that DeFi / BSC token on frontier.xyz Current Price= 0.00002127 Buy Entry= 0.00002125 - 0.00001905 Take Profit= 0.00002617 | 0.00003335 | 0.00004160 Stop Loss= 0.00001614 Risk/Reward= 1:1.5 | 1:3.29 | 1:5.35 Expected Profit= +29.88% | +65.51% | +106.45% Possible Loss= -19.90% Fib. Retracement= 0.236 | 0.5 | 0.786 Margin Leverage= 1x Estimated Gain-time= 3 months
FLong
by TradingOn
AVAXUSDT 1DHi everyone The closing of the candle above the trend line of this technical pattern indicates the beginning of the uptrend. However, investors will have to wait again for the candle to close above $ 61.09 to ensure the uptrend begins In this scenario, the price reaches $ 79.68 Lowering the price below the support level of $ 50.58 causes the sellers to dominate the buyers and the price reaches a lower floor. This will invalidate the uptrend scenario In such a situation, market participants can expect avax to drop to $ 42.40 Thankful
by shayanfb
2
MFI/WETH good place to buy and hold for possible 10xI've been dca'ing into MFI/WETH since 2m mrkt cap and I think this one does at least a 10x from here, maybe more once eth and avax runs up and profit taking trickles down into these low cap gems. Against usd, ATH was $3.93 back in April, down 81%. Easy 10x IMO/E. 100x isn't out of the question either. MFI allows staking with very high APR (25% so far) on Marginswap, and the platform itself has a pretty good functioning protocol that I have used with no issues. Bond lending, staking and borrowing and trading on margin. I've played with both erc20 and avax on here. marginswap.finance 0xaa4e3edb11afa93c41db59842b29de64b72e355b
WLong
by btcpermaculture
AVAX - Still correctingAVAX is currently one of my favorite new chains to use. Now that we can pretty much do all of our trades and transactions exclusively on C-Chain, it basically just makes it a much faster and cheaper version of ethereum. Avalanche Rush has kicked off and Curve and Aave should be active now on Avalanche. Lots of rewards will be on the way to incentivize users on various platforms. All that is definitely fundamentally strong news, but the chart looks like all of that may have already been priced in and in the short term, it looks like AVAX will continue to correct, at least vs BTC. Price is currently on the 0.382 of the last wave up and is not showing any reversal strength just yet. If price doesn't hold here, the 0.5 fib looks like a good place for AVAX to bottom and then continue the longer term upward trend.
Short
by crossedfingers1
1
Avalanche (AVAX) Looking InterestingAvalanche has been in a downtrend now currently oversold on the daily coming off of recently new all time highs. AVAX looks like its been cooling off. Its about to test the low end of this ascending channel. We'll see if this channel holds. Currently trading under point of control. AVAX is still going to be a strong cryptocurrency this cycle. The Avalanche ecosystem is greatly expanding fast. Keep a look out for AVAX, may be priming to set up for another new all time high if it holds this ascending channel. Cheers! Local Support Zone: $57.30 - $59.90 Point of Control: $63.75
by peacefuljustin
11
Avalanche (AVAX) is about to brake out!!!Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability. This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases. After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges. According to my view It can be depicted cup & Handle pattern, now it's performing handle, If it can be break out upward my first technical target is $ 170 and then it will hit $ 225. Thank You ! #DoYourOwnResearch# #IamNotaFinancialAdvisor#
by iamdinusha
1
🔥 AVAX Bearish Wedge Break Out: Reversal Soon?Around two weeks ago I made an analysis on AVAX. In this analysis I argued that we were trading in a bearish wedge and that a bearish move was in the cards. In the end, we broke out on the downside, and are currently seeing some bearish pressure. With BTC going parabolic, I don't think we're done yet. My main reversal area is the area between $55 and $47.5, based at recent points of inflection. Main target for the incoming reversal is placed at $75. Happy trading!
Long
by FieryTrading
7