Avalanche (AVAX) – See the Reality https://www.seethereality.com Official Crypto News Website Fri, 02 Jun 2023 11:26:08 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://www.seethereality.com/wp-content/uploads/2023/03/cropped-onlinelogomaker-032123-0229-2177-32x32.png Avalanche (AVAX) – See the Reality https://www.seethereality.com 32 32 AVAX sees 1 million for the primary time of energetic customers per thirty days https://www.seethereality.com/?p=27173 https://www.seethereality.com/?p=27173#respond Fri, 02 Jun 2023 11:26:08 +0000 https://www.seethereality.com/?p=27173
  • Satoshi Membership introduced yesterday that AVAX has reached a significant chain milestone.
  • The publish famous that the undertaking reached 1 million month-to-month energetic customers for the primary time.
  • AVAX’s was at $14.43, up 2.45%; a bull cross could happen

Cryptocurrency evaluation platform Satoshi Membership revealed a On Twitter yesterday, that Avalanche (AVAX) lately hit an enormous milestone. In keeping with the publish, the AVAX blockchain has surpassed 1 million month-to-month energetic customers for the primary time within the undertaking’s historical past.

AVAX month-to-month energetic customers (Supply: Twitter)

This might have a constructive influence on AVAX, as 1 million energetic customers means higher uptake and market consciousness, doubtlessly attracting extra customers, builders and traders. CoinMarketCap indicated that AVAX was one in all a number of cryptocurrencies that gained in worth over the previous 24 hours. commerce.

At press time, the altcoin was price round $14.43, up 2.45% within the final day. This efficiency of AVAX allowed it to achieve in opposition to the 2 market leaders Bitcoin (BTC) and Ethereum (ETH) by round 1.51% and 0.77% respectively.

AVAX worth good points additionally managed to show the week’s ends in the inexperienced by as much as 2.25%. In the meantime, the 24-hour cryptocurrency buying and selling quantity elevated by greater than 5% to $118,542,690.

AVAX/USD 4 Hour Chart (Supply: TradingView)

Wanting on the AVAX 4-hour chart, a big bull flag was on the set off line. At press time, the 9 EMA was trying to cross the longer 20 EMA on the 4-hour chart. If that occurs, the altcoin worth may flip the subsequent resistance degree ($14.52) into assist.

As soon as the AVAX worth closes the 4-hour candle above the $14.52 mark, it’ll rise to $15.031 within the subsequent 48 hours. Alternatively, if the 4-hour candle fails to shut above $14.52 within the subsequent 24 hours, AVAX will fall to simply above $14.

Disclaimer: The views and opinions, in addition to all data 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 is not going to be held accountable for any direct or oblique injury or loss.

]]> https://www.seethereality.com/?feed=rss2&p=27173 0 The dealer explains why it can be crucial for AVAX to remain above $16.85 https://www.seethereality.com/?p=18310 https://www.seethereality.com/?p=18310#respond Mon, 01 May 2023 05:34:35 +0000 https://www.seethereality.com/?p=18310
  • 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.

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