Avalanche (AVAX) has received valuable insights into its potential price movements from renowned crypto strategist Michaël van de Poppe, whose substantial Twitter following of 660,000 adds weight to his analysis. Van de Poppe’s analysis highlights a bullish outlook for Avalanche as AVAX recently surpassed the resistance level at $14, signaling a potential upward move. Following […]
Introduction Avalanche, launched in 2020 by AVA Labs, is a Layer-1 blockchain that aims to address the blockchain trilemma by achieving scalability, security, and decentralization simultaneously. It supports smart contracts and decentralized applications (dapps) through its unique Proof of Stake (PoS) consensus mechanism. Avalanche’s architecture comprises three core chains: the Exchange Chain (X-Chain), the Contract […]
Avalanche Price Forecast: June 29 The Avalanche price forecast is the price to enter a consolidation phase as buyers try to overturn the market. Avalanche Long-Term Trend: Bullish (1-Day Chart) Key Levels: Zones of supply: $14.20, $21.50 Zones of Demand: $10.60, $8.00 The Avalanche price direction is topsy-turvy as buyers and sellers take turns influencing […]
Michael van de Poppe, a crypto analyst, has predicted the outcome of AVAX as the global crypto market recovers. This prediction was disclosed by him recently on Twitter. According to him, there’s every chance for the Avalanche to experience a massive expansion to the upside. Michael, in his prediction, made it known that the $65 […]
Avalanche Price Forecast: June 22 The Avalanche price forecast is for the market to be vulnerable to dropping further due to the execution of a bearish structure. Avalanche Long-Term Trend: Bullish (1-Day Chart) Key Levels: Zones of supply: $14.20, $21.50 Zones of Demand: $10.60, $8.00 The Avalanche market saw a drop of about 80% just […]
AVAX is still one of the top 15 best-performing tokens by market capitalization, even though its current direction on shorter time frames indicates that the market is bearish. According to CoinMarketCap, the native coin of the Avalanche is performing better than the top five crypto assets. The market’s sentiment is bullish as long as Avalanche […]
Avalanche has finally hit and surpassed one million monthly active users since it was launched in September 2020. This surge in the number of active users is also having a positive effect on AVAX, the native token of Avalanche. The sudden surge happened after the AvaCloud platform was launched. The AvaCloud platform was developed to […]
Alibaba’s cloud division has announced its collaboration with Avalanche in launching Cloudverse. The Cloudverse, which happens to be an innovative launchpad, sets out to offer an all-encompassing platform for enterprises to construct and administer their metaverse realms, introducing groundbreaking avenues for customer engagement. According to Emin Gün Sirer, the Chief Executive Officer of Ava Labs, […]
Market Analysis – April 30 Nasdaq 100 has repeated a correction and impulse circle on the 24-hour chart. The market has just experienced a bullish displacement after a correction that was initiated in April. US 100 Significant Levels Support Levels: 12795.0, 12071.0, 11311.0Resistance Levels: 13638.0, 13800.0, 140000.0 NAS 100 Long-Term Trend: Bullish US 100 buyers […]
