AVAX Price Continues To Consolidate Around $35 — Here Are The Levels To Watch

Quick Summary:

Related Reading: Chainlink Could Target $30 Once It Breaks Bullish Pattern – Top Analyst According to data from IntoTheBlock, around 302,100 addresses purchased approximately 14.26 million AVAX tokens within the price range of $34.01 and $35.15.

The rationale is that when the AVAX price returns to $34.5, investors with their cost basis around this zone are likely to double down and defend their position by acquiring more tokens, allowing prices to quickly recover.

Investors, Watch Out For These Price Levels In a new post on the X platform, popular crypto analyst Ali Martinez revealed the key on-chain levels that could prove pivotal to the future trajectory of AVAX price.

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Article Details

Author / Journalist: Opeyemi Sule

Category: Crypto

Markets: United KingdomOman

Topics: AVAX Price Avalanche AVAX Ali Martinez IntoTheBlock AVAXUSDT

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-01 @ 15:30:54 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 459 words

Reading Time: 3 minutes read

Sentences: 63 lines

Sentence Length: 8 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 25696911

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