Blockworks’ Yanowitz Calls Euphoric Phase, Will AVAX Price Soar 6,000%?

Quick Summary:

AVAX price retraced 1% in the last 24 hours after soaring 32% in the last 7 days.Trading at $31.2, the price of AVAX sits at a crucial resistance level, which, if broken, could catapult the asset to previous yearly highs.

Meanwhile, the co-founder of Blockworks has officially called the euphoric phase of the market.

In the 2021 bull run, the private market sector entered crypto towards the end of 2020, leading up to the peak of the bull run.

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Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets: India

Topics: Avalanche AVAX price Price Analysis AVAX price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 09:40:17 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 526 words

Reading Time: 3 minutes read

Sentences: 53 lines

Sentence Length: 10 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23512923

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About CoinGape

Main Topics: Crypto

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