tldrdaily.news logo
Tag

Avax

All articles tagged with #avax

cryptocurrency1 year ago

Top Altcoins Set for Explosive Growth by 2025

As Bitcoin begins a bullish run, investors are considering altcoins like TRON (TRX), PEPE, and Avalanche (AVAX) for potential gains in 2025. TRX is seen as a low-risk, high-reward option due to its fast and cost-effective blockchain. PEPE, a popular memecoin, could see significant gains similar to Shiba Inu's past performance. AVAX, despite being shy in the current cycle, offers high throughput and low costs, making it a promising buy, especially as it remains far from its all-time high.

via AMBCrypto News|
#altcoins#avax#cryptocurrency
cryptocurrency1 year ago

Avalanche (AVAX) Surges: Will It Break $60 or Face a Pullback?

Avalanche's cryptocurrency, AVAX, has surged 100% after breaking out from a long-term downtrend, reaching a high of $47.81. Analysts are eyeing a potential rise to $60 if AVAX maintains support above $38.57 and overcomes resistance at $47.81. On-chain metrics show increased user activity and DeFi engagement, but technical indicators suggest a possible pullback due to overbought conditions. Traders are monitoring key support and resistance levels to gauge future price movements.

via AMBCrypto News|
#avalanche#avax#cryptocurrency
cryptocurrency1 year ago

Avalanche Eyes Top 10 Crypto Spot Amid Price Surge

Avalanche (AVAX) has shown signs of a potential breakout from a month-long price decline, with a bullish falling wedge pattern suggesting a possible 200% surge. The token's price recently increased by over 1%, and long-term holder confidence is rising. Technical indicators like MACD and RSI support the likelihood of a bull rally, which could push AVAX into the top 10 cryptocurrencies by market cap. However, bearish sentiment and other indicators like Chaikin Money Flow suggest caution.

via AMBCrypto News|
#avalanche#avax#bullish-pattern
cryptocurrency1 year ago

AVAX Eyes $30 Amid Rising Demand and Market Excitement

Avalanche (AVAX) has seen a significant increase in short-term trader demand, suggesting a potential price rise to $30.05. Technical analysis indicates a possible breakout from a descending triangle pattern, supported by rising momentum as shown by the Relative Strength Index (RSI). Social dominance for AVAX has also surged, indicating increased discussions and interest in the token. However, the price target depends on maintaining support at $24.64 and avoiding renewed selling pressure.

via AMBCrypto News|
#avalanche#avax#cryptocurrency