- Michael van de Poppe defined in a latest tweet that it can be crucial for AVAX to remain above $16.85.
- If AVAX can keep above this degree, the value of the cryptocurrency may attain $18.50 and above.
- At press time, AVAX is buying and selling at $17.40 after a 0.88% drop in worth.
Fashionable cryptocurrency analyst and dealer Michael van de Poppe took the plunge Twitter yesterday shared his ideas on Avalanche (AVAX) and what the value of the cryptocurrency may do within the close to future. In his tweet, van de Poppe additionally explored what may occur if AVAX stays above $16.85.
A tweet yesterday talked about that help for AVAX was round $17.17 on the time. Van de Poppe concluded the tweet by suggesting that if AVAX may keep above $16.85, the cryptocurrency is probably going headed for increased costs. He additionally believes that the value of AVAX may rise to $18.50 and even $19.50 if the cryptocurrency can keep above the talked about degree.
CoinMarketCap signifies that AVAX has managed to remain above $16.85 since yesterday, regardless of a small drop in worth. At press time, AVAX is buying and selling at $17.40 after a 0.88% worth drop within the final 24 hours. Throughout that point, the altcoin was capable of set a each day excessive of $17.72 and a low of $17.30.
The autumn in AVAX worth additionally noticed it weaken in opposition to Bitcoin (BTC) by round 0.61% and Ethereum (ETH) by 0.94%. AVAX’s 24-hour buying and selling quantity is presently down 28.77% and stands at $91,861,378 at press time.
CoinMarketCap additionally factors out that AVAX continues to be within the inexperienced by 1.20% over the previous week regardless of the latest drop within the worth of cryptocurrencies. AVAX additionally rose 0.19% within the final hour of buying and selling.
Disclaimer: Views and opinions, in addition to all info shared on this worth evaluation, are printed in good religion. Readers ought to do their very own analysis and do their due diligence. Any actions taken by the reader are strictly at their very own danger. Coin Version and its associates won’t be held responsible for any direct or oblique injury or loss.
