Avalanche (AVAX) is having a strong year in the cryptocurrency market, posting an 8% gain. The uptrend began three days ago when selling pressure began to decline, suggesting a price recovery.
AVAX has closed in positive territory for the past three days. Notably, it broke through the critical resistance level of $28.6 yesterday. This breakout may have boosted investor confidence, encouraging more buying at this new support level.
Currently, Avalanche (AVAX) is trading in a range of $22.69 to $28.89. There are signs that bulls may have the upper hand over bears.
If AVAX closes in the daily range of 28.89-30.31, it is likely to continue to rise.
If the price closes below 23.50, the next support level is at 20.78. We would like the price to continue to rise after the support level holds.
Quant was launched in June 2018 with the goal of connecting blockchains and networks globally without reducing the efficiency and interoperability of the networks. It is the first project to solve the interoperability problem by creating the first blockchain operating system.
The project aims to build an operating system distributed ledger technology (Overledger Network) to connect different blockchain networks. The project is hailed as the first operating system built for blockchain.
It seems that the correction is over and a descending wedge is forming in the timeframe. The coin saw a large trading volume yesterday, reaching 40 million. A massive breakout is expected soon. If it succeeds, a rise to $150 is expected in the coming weeks.
$1INCH
1inch Network’s first protocol is a decentralized exchange (DEX) aggregator solution that searches for trades across multiple liquidity sources, providing users with better rates than any single exchange. The 1inch aggregation protocol uses the Pathfinder algorithm to find the best path among more than 400 liquidity sources on 12 chains.
In just over two years, the 1inch DEX aggregator has grown to 1 million users and has a total trading volume of over $150 billion on the Ethereum network alone.
The price still remains in an uptrend on the daily chart, showing a positive trend. As long as the price does not close below the $0.37-0.38 range, we might see the possibility of a move higher towards the $0.50 level or higher.
Created based on the Bitcoin (BTC) protocol, but differs in the hashing algorithm used, hard cap, block transaction time, and some other factors. Litecoin has a block time of only 2.5 minutes and extremely low transaction fees, making it suitable for small transactions and point-of-sale payments.
Litecoin was released on October 7, 2011 via an open source client on GitHub, and the Litecoin network went live five days later, on October 13, 2011. Since then, Litecoin has exploded in both merchant usage and acceptance, and has consistently ranked among the top ten cryptocurrencies by market cap since its inception.
The cryptocurrency was created by former Google employee Charlie Lee, who wanted Litecoin to be “Bitcoin Lite” because it has many of the same properties as Bitcoin — albeit in a lighter weight form.
$LTC breaks out of descending wedge, if successful, price is expected to rise to $110
$HIGH
HIGH Token (Highstreet) is a decentralized, business-centric, play-and-earn virtual world native token that supports virtual reality (VR). In addition to enabling two-way currency flows between the physical and virtual worlds, Highstreet (HIGH) also introduces a marketplace where in-game items can be exchanged for real-life products.
During the game, users have the opportunity to explore virtual worlds, battle monsters, and complete quests while earning goods that have both digital and real-world uses.
$HIGH fell from nearly $10 to hovering around $2, the price has been divided by 5 from the high. Looks the same for $YGG. Now is the time to bounce back
YGG vs HIGH RSI + KDJ Chart 3D
