Avalanche crypto is in a downtrend and is now looking for a strong rebound on the price front.
In this article, we will discuss Avax price prediction, weekly analysis along with news roundup.
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AVAX Price Prediction
- Current Price: $37.22
- Market Cap: $14.63 billion
- 24h Trading Volume: $484.83 million
- Total Supply: 720 million AVAX
- Circulating Supply: 392.91 million AVAX
The price has broken the falling wedge pattern. Soon, it will pump aggressively.
News Roundup
- BlockDAG’s Long-Term Investment Potential: AVAX has been compared to BlockDAG, which aims for a $10 valuation by 2025. This comparison has sparked discussions about AVAX’s long-term investment potential.
- Luna Foundation’s Activity: The Luna Foundation Guard’s massive transfers involving AVAX tokens worth $71 million have stirred discussions in the crypto community.
- Price Predictions: Experts have tipped AVAX as one of the next altcoins to explode, thanks to its strong fundamentals and bullish market trends.
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Conclusion
Avax is looking like an attractive trading option on the charts and is at a good price to add for the long term too.
This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
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