Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Ripple – XRP spot ETFs can be ‘only a matter of time’

2025-05-20

XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

2025-05-20

Dogecoin graphy too good to ignore, says Trader Eying Double

2025-05-20
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Arbitrum affects $ 1.5 billion volume milestone on Uniswap V4

    2025-05-20

    BSCS Backs Backs AI-conducted shopping assistant in collaboration with Pulsebot AI

    2025-05-20

    Basic, BNB chain, Ethereum and others

    2025-05-20

    What are tokenized real-world assets? Put physical value on the chain with RWAS

    2025-05-20

    Basic kit transactions rise as DEX volume approaches $ 400 billion milestone

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

    2025-05-20

    Milei closes Libra Task Force and investigates ties with its administration

    2025-05-20

    Ethereum -price flashes bullish signal, but can it flow through obstacles?

    2025-05-20

    XRP Price Eyes Winins, but technically suggests that upsides can be limited

    2025-05-20

    Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

    2025-05-20
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Avalanche shines with a 31% rally
Altcoins

Avalanche shines with a 31% rally

2023-11-12No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Avalanche (AVAX) has had a relatively quiet second half of 2023 in terms of price performance and ecosystem improvements. However, the token staged a mesmerized reversal in late October, sending its value up almost vertically in recent weeks.

Avalanche’s positive run coincides with an optimistic environment in the overall crypto market, as investors appear to be more interested in various digital assets. While Bitcoin, the leading cryptocurrency, continues to hold its ground above the $37,000 mark, most altcoins appear poised to benefit from the changing market sentiment.

Avalanche shows strength with a 31% rally – price overview

Avalanche price reached a yearly low of $8.78 in late September, setting the bottom for a trend reversal. The cryptocurrency’s price has been on a bullish run since then as it attempts to regain the early 2023 highs.

At the time of writing, the AVAX token is valued at $18.58, reflecting a massive 31% price increase in the last 24 hours. Meanwhile, the altcoin’s price has risen more than 48% in the weekly time frame.

A broader look at the Avalanche price chart further highlights the strength and attractiveness of the token in recent weeks. According to CoinGecko dataAVAX’s value has more than doubled in the past month.

Avalanche’s positive price action – in such a short time frame – further highlights the favorable sentiment currently brewing in the overall crypto market. Investors have also seen other altcoins, such as Solana, Ethereum and Chainlink, on an upward trajectory in recent weeks.

Based on data from CoinMarketCapAVAX has witnessed an increase of over 85% in its daily trading volume. Meanwhile, the token’s current market cap reflects around $6.68 billion a jump of 31% in the past day.

See also  MATIC’s sideway structure extends - Can shorting yield gains?

Can AVAX maintain bullish momentum to $22?

Many investors would be watching to see how far the Avalanche token can keep up with its red-hot momentum. And this makes sense, considering that the cryptocurrency was one of the best performers in the last bull market, peaking at $145.

In the short term, price action data suggests that AVAX could break above the psychological $20 level without much resistance. Nevertheless, investors should beware of the $22 threshold as it has proven to be a significant resistance zone in the past.

If Avalanche manages to break the $22 price barrier and close, the token’s price could experience a parabolic rise towards $60. On the other hand, if the resistance level remains strong, AVAX price could fall to find support around $15.

Avalanche

Avalanche price continues upward trajectory on the daily timeframe | Source: AVAXUSDT chart on the TradingView

Featured image from IQ.wiki, chart from TradingView

Source link

Avalanche rally shines
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Dogecoin graphy too good to ignore, says Trader Eying Double

2025-05-20

Ethereum: What you need to know about the 10-year low exchange stock of ETH

2025-05-20

If you have $ 5000 and want to change $ 5 million by 2028, which are the best altcoins to buy? Top 5 contenders

2025-05-20

Solana set up for the largest protocol revision so far with ‘Alpenglow’ upgrade

2025-05-20
Add A Comment

Comments are closed.

Top Posts

Treasury and IRS finalize broker rules for DeFi and require KYC of protocols

2024-12-27

US Bitcoin Ownership Shifted Ahead of Trump’s Transition: A Cause for Concern?

2024-12-03

XRP Price Looks Fresh: Can Bulls Deliver Results?

2024-11-26
Editors Picks

Ethereum [ETH]: Assessment of withdrawal patterns on centralized exchanges since Shapella

2023-05-10

US digital asset industry looking for clear statement from Kamala Harris on its crypto position: Jeremy Allaire

2024-08-14

Solana: Why FTX’s upcoming sell-off could threaten SOL’s position

2023-09-12

Bank of China’s BOCI breaks ground with the country’s first tokenized security

2023-06-13
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Ripple – XRP spot ETFs can be ‘only a matter of time’

XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

Dogecoin graphy too good to ignore, says Trader Eying Double

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,791.800.93%
  • ethereumEthereum(ETH)$2,530.110.39%
  • tetherTether USDt(USDT)$1.000.04%
  • rippleXRP(XRP)$2.35-1.17%
  • binancecoinBNB(BNB)$650.050.08%
  • solanaSolana(SOL)$168.100.46%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2260220.65%
  • cardanoCardano(ADA)$0.740.21%
  • tronTRON(TRX)$0.2690040.88%
  • suiSui(SUI)$3.860.18%
  • chainlinkChainlink(LINK)$15.69-0.11%
  • avalanche-2Avalanche(AVAX)$22.531.61%
  • stellarStellar(XLM)$0.2873820.56%
  • hyperliquidHyperliquid(HYPE)$26.400.31%
  • shiba-inuShiba Inu(SHIB)$0.0000150.22%
  • hedera-hashgraphHedera(HBAR)$0.1944520.45%
  • unus-sed-leoUNUS SED LEO(LEO)$8.781.78%
  • bitcoin-cashBitcoin Cash(BCH)$393.13-0.18%
  • the-open-networkToncoin(TON)$3.071.56%
  • polkadotPolkadot(DOT)$4.692.20%
  • litecoinLitecoin(LTC)$94.51-4.08%
  • moneroMonero(XMR)$350.972.15%
  • bitget-tokenBitget Token(BGB)$5.16-1.43%
  • pepePepe(PEPE)$0.000013-0.02%
  • piPi(PI)$0.763.06%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • aaveAave(AAVE)$257.894.32%
  • uniswapUniswap(UNI)$6.032.48%
  • bittensorBittensor(TAO)$414.120.78%
  • nearNEAR Protocol(NEAR)$2.811.95%
  • aptosAptos(APT)$5.14-1.14%
  • okbOKB(OKB)$52.19-0.55%
  • ondo-financeOndo(ONDO)$0.941.78%
  • kaspaKaspa(KAS)$0.1100522.57%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.2411.40%
  • internet-computerInternet Computer(ICP)$5.251.11%
  • ethereum-classicEthereum Classic(ETC)$18.39-0.14%
  • gatechain-tokenGateToken(GT)$21.510.12%
  • crypto-com-chainCronos(CRO)$0.0964730.49%
  • mantleMantle(MNT)$0.742.59%
  • vechainVeChain(VET)$0.0284441.58%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231014-0.66%
  • render-tokenRender(RENDER)$4.641.94%
  • ethenaEthena(ENA)$0.3793113.24%
  • usd1World Liberty Financial USD(USD1)$1.00-0.17%
  • algorandAlgorand(ALGO)$0.2238451.03%
  • arbitrumArbitrum(ARB)$0.3940361.28%
  • filecoinFilecoin(FIL)$2.85-0.03%
  • bitcoinBitcoin(BTC)$106,791.800.93%
  • ethereumEthereum(ETH)$2,530.110.39%
  • tetherTether USDt(USDT)$1.000.04%
  • rippleXRP(XRP)$2.35-1.17%
  • binancecoinBNB(BNB)$650.050.08%
  • solanaSolana(SOL)$168.100.46%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2260220.65%
  • cardanoCardano(ADA)$0.740.21%
  • tronTRON(TRX)$0.2690040.88%
  • suiSui(SUI)$3.860.18%
  • chainlinkChainlink(LINK)$15.69-0.11%
  • avalanche-2Avalanche(AVAX)$22.531.61%
  • stellarStellar(XLM)$0.2873820.56%
  • hyperliquidHyperliquid(HYPE)$26.400.31%
  • shiba-inuShiba Inu(SHIB)$0.0000150.22%
  • hedera-hashgraphHedera(HBAR)$0.1944520.45%
  • unus-sed-leoUNUS SED LEO(LEO)$8.781.78%
  • bitcoin-cashBitcoin Cash(BCH)$393.13-0.18%
  • the-open-networkToncoin(TON)$3.071.56%
  • polkadotPolkadot(DOT)$4.692.20%
  • litecoinLitecoin(LTC)$94.51-4.08%
  • moneroMonero(XMR)$350.972.15%
  • bitget-tokenBitget Token(BGB)$5.16-1.43%
  • pepePepe(PEPE)$0.000013-0.02%
  • piPi(PI)$0.763.06%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • aaveAave(AAVE)$257.894.32%
  • uniswapUniswap(UNI)$6.032.48%
  • bittensorBittensor(TAO)$414.120.78%
  • nearNEAR Protocol(NEAR)$2.811.95%
  • aptosAptos(APT)$5.14-1.14%
  • okbOKB(OKB)$52.19-0.55%
  • ondo-financeOndo(ONDO)$0.941.78%
  • kaspaKaspa(KAS)$0.1100522.57%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.2411.40%
  • internet-computerInternet Computer(ICP)$5.251.11%
  • ethereum-classicEthereum Classic(ETC)$18.39-0.14%
  • gatechain-tokenGateToken(GT)$21.510.12%
  • crypto-com-chainCronos(CRO)$0.0964730.49%
  • mantleMantle(MNT)$0.742.59%
  • vechainVeChain(VET)$0.0284441.58%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231014-0.66%
  • render-tokenRender(RENDER)$4.641.94%
  • ethenaEthena(ENA)$0.3793113.24%
  • usd1World Liberty Financial USD(USD1)$1.00-0.17%
  • algorandAlgorand(ALGO)$0.2238451.03%
  • arbitrumArbitrum(ARB)$0.3940361.28%
  • filecoinFilecoin(FIL)$2.85-0.03%