AVAX Analysis
| Overall Performance | |||||
| 24-hr | 7-Day | 30-Day | 1-Year | Mkt Cap. | 24-hr Vol. |
| 0.00% | -8.66% | -12.35% | -63.60% | 5.08 bn | 0.13 bn |
Avalanche (AVAXUSDT) price over 7 days dropped -8.66% to 15.40 . For the record, AVAXUSDT is -89.40% below all-time high of 144.96.
Over the last 30 days, AVAX is down by -12.35% while 12-month period is down by -63.60%.
For the week, our technical outlook suggests weakness as Avalanche is not performing well over the last 7 days.
What can we expect from Avalanche today?
At time of writing, Avalanche has decreased by 0.00% over the past 24 hours. Our daily analysis is that the price action looks mixed.
Key levels to watch out:
| R3 | 15.95 |
| R2 | 15.77 |
| R1 | 15.58 |
| Daily Pivot | 15.40 |
| S1 | 15.21 |
| S2 | 15.03 |
| S3 | 14.84 |
About Avalanche
Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through a proof-of-stake consensus protocol. It is said to be fast, low cost, and environmental friendly.Mainnet was launched in September 21, 2020. Since then, the platform has grown to secure over 100+ individual projects, $1.4M+ of AVAX burned (reducing supply), 950+ individual block-producing validators, and over 500k+ community members around the globe. Decentralized finance (DeFi) applications can be found on Avalanche such as Pangolin, TraderJoe, and more.
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