Avalanche Double Top
The Avalanche Double pattern is being confirmed today with a target of 31-33 for AVAX.
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.
Avalanche tp 94,49In my view Avalanche will grow targeting 0.382 fibonacci retracement level from ATH to ATL
AVAX: A Bullish Cup & Handle?AVAX is among the leader coins with a strong community.
There's a possible bullish Cup & Handle pattern that would be in action if the price passes $65.4 (the confirmation).
Breaking $22.6 invalidates the idea (the stop-loss).
If the confirmation is passed then the ATH would be the target.
AVAX LONG // Trade entry - AVAXUSD // low risk setup
Asset: AVAXUSD
Position: Long
Entry price: (average dca ) 35,00
Stop loss: 18,00
Target 1: 115,00
Max potential target: 523,00
Risk reward: 1 : 30+
Trade duration: 3-6 months
Trading idea. No financial advice. Do your own research.
**Take c
AVAX breaking out, measured move takes us to $61After this strong recovery, I expect a break to fresh local highs based on the measured move from the bottom of the dip. $61 is the first target on this play.
AVAX - update - and its lil bro JOEAVAX - update - and its lil bro JOE
well avax farted around quite a bit there, and was offset late pumper, that happened last time. hence why ive rotated some early winners gains into JOE.
presumably lower market cap and high volume avax dex joe will outperform. look at the joe/avax chart.. looks b
AVAXUSD pullbackHi traders,
The AVAXUSD chart on the 1-hour time frame appears bullish. With the price balancing near resistance, we expect a pullback before the price potentially bounces off the support level.
If momentum holds, this could set the stage for an upward move, giving us a great opportunity to enter l
AVAX at crossroads: breakout or fakeout ?This breakout was as unclear as it gets, we will need to see over the next few days where it leads AVAX. Ultimate pathway is higher to ATH, but it may do one more dive before going higher. Wait and see or buy at successful retest of the major trendline
AVA cup and handleTargetting the 0.5 fib to make this cup and handle. If it doesnt go deeper then we have an amazing target. Let me know what you think.
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Frequently Asked Questions
The current price of Avalanche (AVAX) is 38.03 USD — it has fallen −0.15% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing AVAX price chart.
The current market capitalization of Avalanche (AVAX) is 15.59 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Avalanche (AVAX) trading volume in 24 hours is 1.30 B USD. See how often other coins are traded in this list.
Avalanche price has fallen by −24.57% over the last week, its month performance shows a 18.36% increase, and as for the last year, Avalanche has decreased by −17.29%. See more dynamics on AVAX price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Avalanche (AVAX) reached its highest price on Nov 21, 2021 — it amounted to 147.50 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 8.62 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 current circulating supply of Avalanche (AVAX) is 448.14 M USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
Avalanche has the limit of 715.75 M coins. No matter how the currency evolves, no new coins will be released after this number is reached.
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.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Avalanche (AVAX): today its technical analysis shows the sell signal, and according to the 1 week rating AVAX shows the buy signal. And you'd better dig deeper and study 1 month rating too — it's strong buy. Find inspiration in Avalanche trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Avalanche (AVAX) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Avalanche is estimated as 12.54% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Avalanche, you can find more inspiration in our curated watchlists.
You can discuss Avalanche (AVAX) with other users in our public chats, Minds or in the comments to Ideas.