Avalanche Price Analysis: 21% Crash Risk Despite Bullish Fundamentals

Quick Summary:

Avalanche price has faced brutal downward pressure in the past couple of weeks despite improving fundamentals and overall market conditions.

The price began dropping on July 22 and continued throughout the Bitcoin Conference 2024, which rejuvenated the rest of the crypto market.

Despite the development, the price of AVAX dropped 3.4% over the last 24 hours to trade at $25.34.

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Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets: India

Topics: Price Analysis Avalanche price analysis AVAX price Avalanche Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 08:40:36 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 492 words

Reading Time: 3 minutes read

Sentences: 51 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21884098

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 25 posts per day

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News Last Updated: 12 hours ago

Coverage Areas: India

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