AVAX Price Risks 25% Crash Following Bearish Signal Confirmation

Quick Summary:

The confirmation of the bearish signal suggests that the downward trend could continue, potentially leading to a significant drop in the price of Avalanche.

After confirming a bearish signal, the AVAX price is teetering on the edge of a 25% decline.

This development has sparked concerns among investors about the crypto asset’s near-term outlook.

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Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets: India

Topics: AVAX price Avalanche AVAX price Analysis Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 16:00:35 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 46 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23399740

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 38 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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