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Search Results for: avalanche

Grayscale Unveils Avalanche Trust, Driving 10% Surge in AVAX Price

An investment trust for Avalanche has been launched by Grayscale Investment, a top crypto asset manager. The AVAX price increased by about 10% after the development, showing that investors were positively affected by the news. Conversely, it shows that the asset manager is serious about growing its digital asset investing

August 22, 2024 2 mins read

Avalanche Trades in an Ascending Channel Since August 6: Will AVAX Pump?

Avalanche (AVAX) is moving through an ascending channel formation. This price pattern, which emerged on August 6 following a broader market downturn, has seen AVAX climb 5% from its August 5 closing price of $19.54 to its current trading level. The ascending channel, characterized by a flat upper resistance line

August 19, 2024 2 mins read

Must-Buy Altcoins for the Upcoming Alts Season: Solana, Avalanche, Litecoin, VeChain, and Optimism

The cryptocurrency market is currently experiencing a significant resurgence, marked by solid gains across various digital assets. This positive sentiment is largely driven by renewed investor confidence and optimistic market conditions. Notably, major cryptocurrencies like Bitcoin and Ethereum have seen substantial increases in their values, indicating a bullish market sentiment. 

August 15, 2024 6 mins read

Avalanche Faces 9.54 Million AVAX Token Unlock: How Will Price React?

Avalanche (AVAX) stands at a critical juncture as it approaches a major token unlock event scheduled for August 20. This impending release of 9.54 million tokens, valued at approximately $251 million, has the potential to introduce substantial volatility into AVAX’s price action. As market participants brace for this event, an

August 14, 2024 2 mins read

Avalanche’s Downward Spiral: AVAX Faces Headwinds Amidst Market Slump

Avalanche (AVAX) finds itself caught in a downward spiral. The digital asset has shed a quarter of its value in the final days of July, plummeting below the crucial $25 threshold. This stark decline comes at a time when the broader crypto ecosystem is grappling with a mix of bullish

August 2, 2024 2 mins read

Avalanche (AVAX) Price Surges, but Whales Continue to Distribute Holdings

Avalanche (AVAX) has successfully maintained an upward trajectory over the past week, riding the wave of the broader market recovery. Currently trading at $28, the altcoin’s price has experienced an 8% increase in the past seven days. This recent uptick in AVAX’s value comes on the heels of an extended

July 17, 2024 2 mins read