Avalanche price increased by 0.06% over the past 24 hours.
AVAX Analysis
| Overall Performance | |||||
| 24-hr | 7-Day | 30-Day | 1-Year | Mkt Cap. | 24-hr Vol. |
| 0.06% | 1.77% | 18.53% | -79.19% | 5.74 bn | 0.13 bn |
Avalanche (AVAXUSDT) price over 7 days gained 1.77% to 17.57 . For the record, AVAXUSDT is -87.90% below all-time high of 144.96.
Over the last 30 days, AVAX is up by 18.53% while 12-month period is down by -79.19%.
For the new week, our technical outlook indicates price consolidation though Avalanche is still up over the last 7 days.
What can we expect from Avalanche today?
At time of writing, Avalanche has increased by 0.06% over the past 24 hours. Our daily analysis is that there are more Avalanche holders over sellers.
Looking ahead on Monday, immediate upside resistance level at 17.73 (R1) with break above could target 17.89 (R2), while on the downside we are looking at daily low of 17.25 as an immediate support level. Break below this level could weaken the current bullish momentum.
Key levels to watch out:
| R3 | 18.13 |
| R2 | 17.89 |
| R1 | 17.73 |
| Daily Pivot | 17.49 |
| S1 | 17.33 |
| S2 | 17.09 |
| S3 | 16.93 |
About Avalanche
Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through a proof-of-stake consensus protocol. It is said to be fast, low cost, and environmental friendly.Mainnet was launched in September 21, 2020. Since then, the platform has grown to secure over 100+ individual projects, $1.4M+ of AVAX burned (reducing supply), 950+ individual block-producing validators, and over 500k+ community members around the globe. Decentralized finance (DeFi) applications can be found on Avalanche such as Pangolin, TraderJoe, and more.
Disclaimer: We do not endorsed nor verified the posts provided by Twitter widget .
