Avalanche
AVAX
$21.65
24h volatility:
2.4%
Market cap:
$9.03 B
Vol. 24h:
$343.15 M
, often called the forgotten Layer-1 that lags behind major market moves, is currently trading around $23.14, down roughly 2% in the past 24 hours.
Despite the broader crypto market seeing a major rally this month, AVAX has remained relatively slow. It recorded a small gain of just 4.5% over the past month. The 14-largest cryptocurrency remains confined within an 18-month-long descending channel, signaling persistent bearish pressure.
Analyst Ali Martinez recently noted that investors should watch for a 4-hour close above the $27 level, the mid-boundary of this channel, to confirm bullish strength. Such a breakout could pave the way to
We współpracy z: https://www.coinspeaker.com/analysts-turn-bullish-on-avalanche-avax-ready-to-explode/
