AVAX.
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Bearish Clouds Hover Over BNB, LTC, & AVAX Price, What’s Next For These Altcoins?
Litecoin (LTC)
Litecoin suffered a major pullback, causing the price to drop below the lower support of the rising parallel channel
Since then, the token has been constantly failing to reclaim its position within the channel, suggesting the price will remain under bearish influence
The bulls are trying hard to push the price higher but the buying pressure has not reached the required mark, due to which the token is expected to drop and test the lower crucial support at $58.92
However, market participants may expect a rebound, but the intensity of the flip may not be as expected as the volume maintains a descending trend. $BTC $BNB $LTC
#BTC #etf #LTCPricePrediction #BNB! #AVAX.
I will post my next analyse on BNB.
Litecoin (LTC)
Litecoin suffered a major pullback, causing the price to drop below the lower support of the rising parallel channel
Since then, the token has been constantly failing to reclaim its position within the channel, suggesting the price will remain under bearish influence
The bulls are trying hard to push the price higher but the buying pressure has not reached the required mark, due to which the token is expected to drop and test the lower crucial support at $58.92
However, market participants may expect a rebound, but the intensity of the flip may not be as expected as the volume maintains a descending trend. $BTC $BNB $LTC
#BTC #etf #LTCPricePrediction #BNB! #AVAX.
I will post my next analyse on BNB.
Avalanche (AVAX) Is On The Rise, Leaving Bitcoin Behind.
#Avalanche (AVAX) cryptocurrency is showing a remarkable uptrend. AVAX, which is closely followed by Turkish investors, stands out as a voluminous altcoin that can recently outperform Bitcoin (BTC).
According to analysis, #AVAX recently showed an almost uninterrupted increase over the eight-day period. It is up 13% in the last 48 hours, up 28% in that time, and traded at around $24.5 on December 5, with a closing gain of 8.2%.
As of press time, AVAX is trading at $26.52, up 1%. Although Bitcoin also exhibits a positive trend, it is stated that AVAX surpasses it in terms of rate and scope.
Technical indicators support AVAX's uptrend. While the RSI is giving an overbought signal above 75, the MACD lines appear to be on the verge of a bullish crossover. These indicators point to a positive outlook for #AVAX.
Avalanche's volume trend also shows a significant increase on the Santiment analysis platform. The volume, which was 594 million dollars at the beginning of December, increased to 816 million dollars at the end of the month and exceeded 1.2 billion dollars as of writing time. According to data from CoinMarketCap, there has been a volume increase of over 70% in the last 24 hours and the market value of #AVAX has increased by over 19%.
$BTC $AVAX
#Avalanche (AVAX) cryptocurrency is showing a remarkable uptrend. AVAX, which is closely followed by Turkish investors, stands out as a voluminous altcoin that can recently outperform Bitcoin (BTC).
According to analysis, #AVAX recently showed an almost uninterrupted increase over the eight-day period. It is up 13% in the last 48 hours, up 28% in that time, and traded at around $24.5 on December 5, with a closing gain of 8.2%.
As of press time, AVAX is trading at $26.52, up 1%. Although Bitcoin also exhibits a positive trend, it is stated that AVAX surpasses it in terms of rate and scope.
Technical indicators support AVAX's uptrend. While the RSI is giving an overbought signal above 75, the MACD lines appear to be on the verge of a bullish crossover. These indicators point to a positive outlook for #AVAX.
Avalanche's volume trend also shows a significant increase on the Santiment analysis platform. The volume, which was 594 million dollars at the beginning of December, increased to 816 million dollars at the end of the month and exceeded 1.2 billion dollars as of writing time. According to data from CoinMarketCap, there has been a volume increase of over 70% in the last 24 hours and the market value of #AVAX has increased by over 19%.
$BTC $AVAX
Trending
Altcoins Price Prediction for 2024: ETH, SOL, DOT, XRP, LINK and AVAX
As we enter the final stretch of 2023, the crypto community is buzzing with anticipation for what 2024 holds. With Bitcoin and the broader market still navigating uncertain waters, altcoins like Ethereum (ETH), Solana (SOL), Polkadot (DOT), Ripple (XRP), Chainlink (LINK), and Avalanche (AVAX) present intriguing possibilities.Here's a glimpse into what the price charts might reveal for these top altcoins in 2024:Ethereum (ETH):Bullish Case: Ethereum, the undisputed king of DeFi and smart contracts, remains poised to benefit from the continued growth of these sectors. Successful completion of the Shanghai upgrade, enabling ETH withdrawals from staking contracts, could be a major catalyst. A potential surge in the NFT market and wider adoption of Layer 2 scaling solutions could further propel ETH towards $4,000 by year-end 2024.Bearish Case: Regulatory hurdles and competition from other smart contract platforms like Solana and Avalanche could hamper ETH's growth. A prolonged bear market in the broader crypto market could drag ETH down to as low as $2,000.Solana (SOL):Bullish Case: Solana's blazing-fast transaction speeds and low fees continue to attract developers and users. Continued expansion of the Solana DeFi ecosystem and the emergence of innovative projects in Web3 gaming and NFTs could fuel a price rally, pushing SOL towards $200 by the end of 2024.Bearish Case: Network outages and security vulnerabilities have dented Solana's reputation. If these issues persist, investor confidence could wane, leading to a price drop below $50.Polkadot (DOT):Bullish Case: Polkadot's unique interoperability features and focus on cross-chain communication position it well for the future of the interconnected blockchain world. Successful implementation of parachains and increased adoption by major DeFi and NFT projects could see DOT reach $150 by year-end 2024.Bearish Case: The complexity of Polkadot's ecosystem and the slow pace of development could discourage adoption. A lack of killer applications could keep DOT's price rangebound between $50 and $80.Ripple (XRP):Bullish Case: The ongoing lawsuit with the US Securities and Exchange Commission (SEC) reaching a favorable conclusion could be a major catalyst for XRP. Increased adoption by financial institutions and wider use of RippleNet for cross-border payments could send XRP soaring towards $1.50 by the end of 2024.Bearish Case: An unfavorable outcome in the SEC lawsuit or continued regulatory uncertainty could hamper XRP's growth, keeping it below $0.50.Chainlink (LINK):Bullish Case: Chainlink's oracle network remains the go-to solution for secure off-chain data feeds for smart contracts. As DeFi and Web3 continue to evolve, the demand for Chainlink's services is expected to rise, potentially pushing LINK towards $50 by year-end 2024.Bearish Case: The emergence of alternative oracle solutions or a slowdown in DeFi adoption could dampen LINK's price growth, keeping it rangebound between $15 and $25.Avalanche (AVAX):Bullish Case: Avalanche's rapid transaction finality and subnet functionality attract developers building innovative DeFi and gaming applications. Continued ecosystem growth and successful integration with other blockchains could propel AVAX towards $100 by year-end 2024.Bearish Case: Competition from other Layer 1 platforms and potential security vulnerabilities could hinder AVAX's growth, keeping it below $50.Remember: These are just predictions, and the actual price movements of these altcoins will depend on various factors, including global economic conditions, regulatory developments, and technological advancements within the blockchain space.It's crucial to conduct your own research and make informed investment decisions based on your risk tolerance and financial goals.#ETH! #sol #DOT. #AVAX. #LINKPrice
$AVAX tokens increased by 300% in just 2 months.
All thanks to the rapid boom of projects in this ecosystem.
This L1 network shows that EVM L1 chains have huge untapped potential:@playSHRAPNEL
The 1st moddable extraction shooter game, built by a unique team of BAFTA & Emmy Award-winning talent, using UE5 & blockchain.
• Token: $SHRAP
• Marketcap: $991.4M #AVAX. #sol #CryptoMoj $AVAX
All thanks to the rapid boom of projects in this ecosystem.
This L1 network shows that EVM L1 chains have huge untapped potential:@playSHRAPNEL
The 1st moddable extraction shooter game, built by a unique team of BAFTA & Emmy Award-winning talent, using UE5 & blockchain.
• Token: $SHRAP
• Marketcap: $991.4M #AVAX. #sol #CryptoMoj $AVAX
📉 AVAX Faces 14% Slide in 30 Days: Can Predictions Pave the Way for Recovery? 📉
As AVAX experiences a 14.36% dip over the past month, questions arise about its short-term future. CoinMarketCap's data paints a bearish outlook, signaling a shift in demand dynamics. Let's delve into the predictions and technical analysis to gauge the potential for an AVAX recovery.
1. Performance Overview: A Contrasting Picture to 2023's Big Show
Contrary to the impressive display in 2023 with a 292% 90-day increase, AVAX is currently undergoing a profit-taking season. The recent decline prompts speculation about the duration of the downtrend—will it be a short-lived correction or an extended nosedive?
2. Technical Perspective: Bearish Signals and Support Levels
Examining AVAX from a technical standpoint, the 4-hour AVAX/USD chart reveals a decline in demand. The price currently sits below the 20 EMA (blue) and 50 EMA (yellow), signaling a bearish trend. The death cross, with the 50 EMA rising above the 20 EMA, reinforces the negative sentiment.
3. RSI Analysis and Liquidation Heatmap: Assessing Momentum and Risk
The Relative Strength Index (RSI) at 46.93 indicates a lack of bullish control over the momentum, adding to the bearish sentiment. The Liquidation Heatmap reveals potential cautionary zones for short positions, with large-scale liquidations projected between $34.46 and $34.97.
While AVAX isn't replicating its 2023 glory, the Liquidation
Heatmap indicates possible liquidation levels between $34.46 and $34.97. Traders targeting prices below $35 need to exercise caution, considering the risk of liquidation due to price fluctuations.
🌐 Stay Informed, Stay Prepared: Follow The Blockopedia for Real-time Crypto Insights!
#AVAXRisingHigh #AVAX. #AVAXRally #cryptocurrency #crypto2024
As AVAX experiences a 14.36% dip over the past month, questions arise about its short-term future. CoinMarketCap's data paints a bearish outlook, signaling a shift in demand dynamics. Let's delve into the predictions and technical analysis to gauge the potential for an AVAX recovery.
1. Performance Overview: A Contrasting Picture to 2023's Big Show
Contrary to the impressive display in 2023 with a 292% 90-day increase, AVAX is currently undergoing a profit-taking season. The recent decline prompts speculation about the duration of the downtrend—will it be a short-lived correction or an extended nosedive?
2. Technical Perspective: Bearish Signals and Support Levels
Examining AVAX from a technical standpoint, the 4-hour AVAX/USD chart reveals a decline in demand. The price currently sits below the 20 EMA (blue) and 50 EMA (yellow), signaling a bearish trend. The death cross, with the 50 EMA rising above the 20 EMA, reinforces the negative sentiment.
3. RSI Analysis and Liquidation Heatmap: Assessing Momentum and Risk
The Relative Strength Index (RSI) at 46.93 indicates a lack of bullish control over the momentum, adding to the bearish sentiment. The Liquidation Heatmap reveals potential cautionary zones for short positions, with large-scale liquidations projected between $34.46 and $34.97.
While AVAX isn't replicating its 2023 glory, the Liquidation
Heatmap indicates possible liquidation levels between $34.46 and $34.97. Traders targeting prices below $35 need to exercise caution, considering the risk of liquidation due to price fluctuations.
🌐 Stay Informed, Stay Prepared: Follow The Blockopedia for Real-time Crypto Insights!
#AVAXRisingHigh #AVAX. #AVAXRally #cryptocurrency #crypto2024
Avalanche (AVAX) Co-Founder Speaks in Favor of Meme Coins
#BTC Blockchain veteran Emin Gün Sirer posted an X thread to support eccentric decision of #avalanche FoundationYesterday, Dec. 29, 2023, Avalanche Foundation, a non-profit behind the ecosystem of #AvalancheAVAX high-performance L1, announced the decision to add some meme coins to its portfolio. Emin Gün Sirer addressed the concerns and criticism of skeptics.Avalanche Foundation buying meme coins is luxury, Emin Gün Sirer saysThe people trying to fade meme coins can be compared to those who ignored or criticized prominent cultural and tech trends of the past: pop music, street art, rap and so on. As such, Avalanche Foundation's decision to enter the meme coin segment is something he applauds, Ava Labs' co-founder Emin Gün Sirer shared on X (formerly Twitter).The people trying to fade memecoins are the same kind of people who were fading pop music in the 60s, calling Banksy a vandal in the 80s, and shittalking rap in the 90s.— Emin Gün Sirer🔺 (@el33th4xor) December 29, 2023The Avalanche (#AVAX. ) ecosystem has too much institutional activity so that the Foundation can afford the luxury to invest part of its funds to some meme coins, the Ava Labs co-founder stressed.At the same time, he admitted that it took a while for him to understand the value of meme coins personally. He did not support Elon Musk semi-ironically supporting Dogecoin (DOGE) in Q1, 2021.But then, he understood the cultural context and significance of the meme coin frenzy and its effects on the scene: Coins people like do not necessarily need road maps and ambitious scalability promises.For better understanding, Emin Gün Sirer compared purchasing meme coins to owning Balenciaga luxury wear:Do I own any Balenciaga apparel? No. Does Balenciaga keep you warmer than other clothing? No. But does Balenciaga keep the "clothing space" back? Also no. It serves its specific audience very well. Its existence as a clothing brand is a net positiveFollowing yesterday's announcement, the price of $AVAX , the core native cryptocurrency of the Avalanche blockchain, jumped from $39 to over $42."Meme coins are valuable only as long as they are fun": Major warning by industry vetAt the same time, the Avalanche (AVAX) key figurehead reiterated all risks of investing in meme coins. Besides increased volatility, their prices are only affected by narratives, not by fundamentals.Once this or that meme coin's narrative loses its "fun," it becomes irrelevant, so, all traders and investors should be super cautious.Triggered by Avalanche Foundation's eccentric step, a number of meme coins on the Avalanche (AVAX) blockchain jumped in the recent days.Coq Inu (COQ), Husky Avax (HUSKY) and Shibavax (SHIBX) prices witnessed double- and even triple-digit upsurges.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. #Launchpool @WISE CRYPTO NEWS
I know everyone in scared and sometimes it's good to be fearful but in bullish markets spot trading can make you rich try to accumulate on every dip and you'll be ok it's all about managing greed.
if you're not comfortable stay away from futures but don't miss the opportunity of getting rich try to hold and keep accumulating even if the market crashes you'll be ok take every dip as an opportunity try to invest in solid projects like
#LINK. #ethe #AVAX. #solana
if you're not comfortable stay away from futures but don't miss the opportunity of getting rich try to hold and keep accumulating even if the market crashes you'll be ok take every dip as an opportunity try to invest in solid projects like
#LINK. #ethe #AVAX. #solana
#🚀 Exciting News, Binancians! 🌟
🔒 Locked in for Success! AVAX is taking Simple Earn by storm with thrilling Locked Products updates! 🌐 Subscribe now starting from 2023-12-19 12:00 (UTC) to seize rewards soaring up to an incredible 8.5% APR! 🚀
🌈 Dive into the world of opportunity with our First-come, first-served subscription format. Act fast to secure your spot! 🏃♂️💨
⏰ Don't miss out on the feast of rewards! The calculation period runs from 00:00 (UTC) on the day after subscription until the end of the period. Daily rewards are just a click away! 💰✨
🌟 Behold the Locked Products lineup:
- **14 days (New)**
- Standard APR: 3.5%
- Min. Subscription: 0.01 AVAX
- Max. Subscription: 50,000 AVAX
- **30 days**
- Standard APR: 3.9%
- Min. Subscription: 0.01 AVAX
- Max. Subscription: 30,000 AVAX
- **60 days**
- Standard APR: 5.6%
- Min. Subscription: 0.01 AVAX
- Max. Subscription: 2,000 AVAX
- **90 days**
- Standard APR: 6.5%
- Min. Subscription: 0.01 AVAX
- Max. Subscription: 1,000 AVAX
- **120 days**
- Standard APR: 8.5%
- Min. Subscription: 0.01 AVAX
- Max. Subscription: 300 AVAX
🚀 Ready to embark on your journey to financial growth? Here's how:
1. Head to [Earn].
2. Search for AVAX.
3. Select your preferred duration.
4. Subscribe with AVAX and watch your rewards climb up to 8.5% APR daily! 💹💥
🌐 Seize the moment, seize the rewards! Act now and let your AVAX work for you. Don't miss out on this golden opportunity! 🌟🚀
#AVAX. #ACE #BinanceWish $BTC $ETH $AVAX
🔒 Locked in for Success! AVAX is taking Simple Earn by storm with thrilling Locked Products updates! 🌐 Subscribe now starting from 2023-12-19 12:00 (UTC) to seize rewards soaring up to an incredible 8.5% APR! 🚀
🌈 Dive into the world of opportunity with our First-come, first-served subscription format. Act fast to secure your spot! 🏃♂️💨
⏰ Don't miss out on the feast of rewards! The calculation period runs from 00:00 (UTC) on the day after subscription until the end of the period. Daily rewards are just a click away! 💰✨
🌟 Behold the Locked Products lineup:
- **14 days (New)**
- Standard APR: 3.5%
- Min. Subscription: 0.01 AVAX
- Max. Subscription: 50,000 AVAX
- **30 days**
- Standard APR: 3.9%
- Min. Subscription: 0.01 AVAX
- Max. Subscription: 30,000 AVAX
- **60 days**
- Standard APR: 5.6%
- Min. Subscription: 0.01 AVAX
- Max. Subscription: 2,000 AVAX
- **90 days**
- Standard APR: 6.5%
- Min. Subscription: 0.01 AVAX
- Max. Subscription: 1,000 AVAX
- **120 days**
- Standard APR: 8.5%
- Min. Subscription: 0.01 AVAX
- Max. Subscription: 300 AVAX
🚀 Ready to embark on your journey to financial growth? Here's how:
1. Head to [Earn].
2. Search for AVAX.
3. Select your preferred duration.
4. Subscribe with AVAX and watch your rewards climb up to 8.5% APR daily! 💹💥
🌐 Seize the moment, seize the rewards! Act now and let your AVAX work for you. Don't miss out on this golden opportunity! 🌟🚀
#AVAX. #ACE #BinanceWish $BTC $ETH $AVAX
new signal
🟩Futures: #AVAX/USDT (LONG) Leverage x25
Entry Zone: 36.184 - 35.671
Targets: 36.494 - 36.800 - 37.221 - 37.722 - 38.237
Stop Loss: 35.158
$AVAX
OKX Futures
#AVAX/USDT Entered entry zone ✅
Period: 1 Minutes ⏰
#AVAX. #AVAXUSD
Disclaimer:
Trading involves risks, and this signal is not financial advice. Please conduct your analysis and consider your risk tolerance before making any trades. Past performance is not indicative of future results.
Happy Trading! thank you all friends
🟩Futures: #AVAX/USDT (LONG) Leverage x25
Entry Zone: 36.184 - 35.671
Targets: 36.494 - 36.800 - 37.221 - 37.722 - 38.237
Stop Loss: 35.158
$AVAX
OKX Futures
#AVAX/USDT Entered entry zone ✅
Period: 1 Minutes ⏰
#AVAX. #AVAXUSD
Disclaimer:
Trading involves risks, and this signal is not financial advice. Please conduct your analysis and consider your risk tolerance before making any trades. Past performance is not indicative of future results.
Happy Trading! thank you all friends