This summer is all about altcoins, but both Avalanche (AVAX) and Optimism (OP) investors are yet to see any gains. Meanwhile, Rollblock (RBLK) is all set to become the top DeFi token of 2024 after delivering massive 110% returns to early investors in just stage 5 of its presale!
Bearish Pressure May Lead to an Avalanche (AVAX) Price Crash
Avalanche’s price chart has only seen red over the past week. After recording a monthly decline of 26.25%, Avalanche is currently trading at $20.68. In the past 24 hours, Avalanche’s price has dipped another 2.25%, and its volume has increased by a whopping 31%. With investors losing confidence in Avalanche’s recovery, it’s only a matter of time before profit-taking drives Avalanche’s price even lower.
For now, Avalanche is trading below its 50-, 100-, and 200-day EMAs, suggesting strong bearish pressure. If Avalanche falls below the support at $15.83, it may experience a massive crash down to $4.77 in upcoming months.
Optimism
We współpracy z: https://www.crypto-reporter.com/press-releases/experts-predict-rollblock-will-outperform-avax-and-optimism-op-this-crypto-summer-74049/
