Avax Tokens of $168 Million Are Set for Release on May 28

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Avalanche has been removed from K33’s list of the best tokens to buy. This was due to the assurance of an impending unlocking procedure and other factors. Avax token unlocking is anticipated to occur in the following 30 days.

The AVAX tokens that are anticipated to be launched into circulation are worth about $168 million. Given the current AVAX circulating supply, the number of tokens that will be released will be greater than 3%. AVAX is vulnerable to a significant slide to the downside due to the impending rise in supply.

Key Avalanche Levels To Watch – April 28

The market’s order flow has been bullish since the change of character to the upside on January 11, 2023. A rebuff at the $22.796300 resistance caused a significant correction downward. This correction lingered in the oversold state until the $14.609400 demand level was hit.

Following the bounce off the $14.609400 demand level, the price surged upward exuberantly until the swing high of 21.572000 was created. According to the Stochastic Oscillator, AVAXUSD is set to experience a clear rally into the $22.796300 supply zone.

Avax Key Levels

Resistance Levels: $18.661110, $22.796300, $30.867700
Support Levels: $14.609400, $12.946240, $10.577300

Total Market Capitalization: $1.20T
Avalanche Market Capitalization: $5.71B
Avalanche Volume: $0.15B
Market Rank: #15

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