Avalanche Price Bounces 14% as AVAX Bears Hibernate: Is Trend Shifting?

Quick Summary:

Over the past few days, the Avalanche price has faced strong selling pressure as market conditions fluctuated, with mounting pressure from bears that initially drove prices downward.

Avalanche, a layer 1 blockchain, has seen a dynamic performance recently, signaling an ascending trend.

Should the bullish momentum persist, AVAX price could reach $24 and $25 by week’s end.

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Article Details

Category: Crypto

Markets: India

Topics: AVAX AVAX price Analysis Avalanche (AVAX) Price Analysis AVAX price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-06 @ 16:01:46 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 434 words

Reading Time: 3 minutes read

Sentences: 41 lines

Sentence Length: 11 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 21958526

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 8 hours ago

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