[AVAX] Avalanche Speculation - price movement tracking & discussion

[BaeSuzy]

Avax is top twenty coin and it is heading to take its place and my speculation about AVAX it gonna rise in the end of this year and will go back into top 10 cmc. Think about it this way - from the technical point, Avax already has what ada is just dreaming to have - smart contracts, defi, NFT, bridge to eth and loads more. Give it one-two years and watch it fly!

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[LUCKMCFLY]

The price of AVAX has fallen a little more than 6%, which represents a correction that is very likely that a recovery movement could take place at any time, however when reviewing its volume well, it is seen that the bears have been selling in the rallies:

The AVAX/USDT pair has turned down today and the first stop could be the support line of the channel. A strong rebound off this support will indicate that the uptrend remains intact and traders are accumulating on dips. The pair could then rise to $94.

Source: https://cointelegraph.com/news/price-analysis-9-24-btc-eth-ada-bnb-xrp-sol-dot-doge-avax-luna

Investors may not have given up on supporting AVAX, it cannot be ruled out that it is a bearish trap taking advantage of the moment that BTC has dropped a bit.

[LUCKMCFLY]

There are very positive aspects in AVAX, since it is having a bullish channel on the part of the cointelegraph analysts, according to the analysts it can take a good leap to a new ATH:

A breakout and close above the all-time high will signal the resumption of the uptrend. The bears may attempt to stall the up-move at the resistance line of the channel but if bulls overcome this hurdle, the AVAX/USDT pair could pick up momentum and rally to $100.

Source: https://cointelegraph.com/news/price-analysis-9-27-btc-eth-ada-bnb-xrp-sol-dot-doge-avax-luna

In fact AVAX looks very good to go up and apart from many investors it is in the sights, it is likely that this currency like Solana in a short time will give more bullish advances and pleasant surprises to its investors.

[LUCKMCFLY]

The price of AVAX looks good, even the analysts of Cointelegraph continue to maintain the analysis under the chrism of a bullish channel, at the moment it is around 64USD 65USD:

If the price fails to sustain inside the channel, the AVAX/USDT pair could slide to the next support at $52. Conversely, if bulls sustain the price inside the channel, the pair may rise to $72 and if this level is crossed, a retest of the all-time high at $79.80 is possible.

Source:https://cointelegraph.com/news/price-analysis-9-29-btc-eth-ada-bnb-xrp-sol-dot-doge-avax-uni

AVAX is still a Solana style coin, they have given a lot of bullish surprises, I think there are still some nice surprises to come by.

[bussybuddy]

The rally in the Avalanche markets closely follows similar moves by many other smart contract tokens that compete with Ethereum, the leading public ledger that powers the decentralized finance space, and the booming non-fungible token explode. The price of AVAX started to increase, especially after the Avalanche Foundation launched a DeFi incentive program of the same name on August 18. Avalanche also saw the growth of NFT and DeFi projects looking to run on its public ledger.
However, Ethereum is still the dominant force in the smart contract space. The project is working on a network upgrade to address scalability and gas fees issues, i.e. updating the core PoW protocol to PoS next year.

[macson]

https://coinmarketcap.com/currencies/avalanche/

pretty sure AVAX will go to $100.

[Sirait]

https://coinmarketcap.com/currencies/avalanche/

pretty sure AVAX will go to $100.

Avax almost hits $100, just needs a few cents more. I'm sure before this month ends we will see Avax at $100 and before 2022 Avax will be at $150. I started buying Avax in early august then when the price was $12 / Avax, now my portfolio is going high, my target price is $150

[Daltonik]

On November 18, the AVAX token updated its historical maximum at above $110, despite a market-wide correction. Over the past day, the price of AVAX has increased by almost 10%, over the week by 24%, the market capitalization currently exceeds $22 billion.

[Etranger]

The Avalanche rate reached a new all-time high, rising to $146.22 (coinmarketcap). The capitalization of the asset is $ 28.8 billion. According to market estimates, Avalanche has risen to the top 10 largest cryptocurrencies few hours ago. I guess, this growth is due to announcing a partnership with Deloitte, which happened on November 16. Now it is again on 11th place, DOGE has reterned into first ten.

[nira09]

Currently AVAX also has a new project launch platform, Avalaunch. This is like Bscpad which supports the BSC ecosystem and Polkastarter which supports the Polkadot ecosystem.
Avalaunch also launches potential projects that provide benefits to investors, this will bring more investors into the AVAX ecosystem.
The target of $100 USD has been reached, what is the next price target? $500?

[ZAINmalik75]

Avalanche (AVAX) is in list of best e coin of  smart contract providing projects . in smart contract the first best ever in my eye is ethereum ,after that Binance coin ,polkadot ,Solana and After that I add Avax in these list . Avax has launched project on his blockchain which really help them to bullish . I naught avax at 17$ now its almost hit 125$ around which mean its perform huge . i am sure if it continue its momentum it will beat solana

[tbct_mt2]

Avalanche looks to have good technology and its price has good growth that is support for its advanced technology. It means the community and investors realized the potential growth of AVAX from its great tech.

Price of AVAX can have pull back to $60 to $70 then it might make a new all time high. Personally price is not good to make your entry now. AVAX might move similar to Solana with a deep pull back before it rallies and breaks out for a new all time high.

[macson]

based on a report from Techcrunch, amazon web service has been working with Avalanche.

[1] https://techcrunch.com/2023/01/11/aws-partners-with-avalanche-to-scale-blockchain-solutions-for-enterprises-governments/
[2] https://news.bitcoin.com/ava-labs-partners-with-amazon-web-services-to-accelerate-blockchain-adoption-avax-jumps-16/

[mich]

Well this is big news of this partnership of AVAX and Amazon. AVAX is #17 on coinmarketcap  with a $5 billion marketcap and is up more then 32% in this last week.
It is up almost 28% just in the last 24 hours! This is too bad that we are in a 'bear market' and not a 'bull market' right now or we could have seen gains of 100% or more. It is still some nice gains and rewards for the holders of this coin.

[Sirait]

Well this is big news of this partnership of AVAX and Amazon. AVAX is #17 on coinmarketcap  with a $5 billion marketcap and is up more then 32% in this last week.
It is up almost 28% just in the last 24 hours! This is too bad that we are in a 'bear market' and not a 'bull market' right now or we could have seen gains of 100% or more. It is still some nice gains and rewards for the holders of this coin.

I still hold some of the AVAX that I bought when the price was $ 35, I still hope that AVAX will return to that price although the crypto market is still in an uncertain state, and I feel more relieved when I read about the collaboration between AVAX and AWS, the price continues to increase.

[mich]

Well I still have my Avalance tokens after this time. And now there is another Airdop they are having for the community.

You can claim your $AVAK tokens. https://beacons.ai/avalancheavax_airdrops

[v3liana]

AVAX is 5% of my portfolio, i like the projects but the delegation is something that bothers me, i think liquid staking is the way to go and what AVAX needs.
Their tech is actually top notch so i have hopes for this project.

[Ludmilla_rose1995]

Well I still have my Avalance tokens after this time. And now there is another Airdop they are having for the community.

You can claim your $AVAK tokens. https://beacons.ai/avalancheavax_airdrops

is this legit?  how long will their airdrop program last?

[TheSpiral]

AVAX is 5% of my portfolio, i like the projects but the delegation is something that bothers me, i think liquid staking is the way to go and what AVAX needs.
Their tech is actually top notch so i have hopes for this project.

AVAX is 5% of my portfolio, i like the projects but the delegation is something that bothers me, i think liquid staking is the way to go and what AVAX needs.
Their tech is actually top notch so i have hopes for this project.

Avax token is low at this moment and worth to invest but we should have this in mind that Avax is going to unlock  9.3 million token which is worth now more than 130 million $ on 27 may. This unlock can affect it's price and should be careful before buying Avax now. maybe from next month avax start rise up but we market is not looking positive at current moment. for long term i believe it will touch 50$.

[el kaka22]

I feel like having just 5% of your portfolio on Avax is not a bad idea. I am not saying that you are guaranteed to make a profit, but at the very least we are talking about making a bigger return or not losing too much. Lets assume that you have 100 dollars, 95 dollars of it is in something else, and 5 dollars is at avax, and avax crashes to zero, then you have 95 dollars left, in that case even a 5% return would make it back to 100+ again and you would be in profit.

This is why people diversify, it means that you are going to end up with a good profit if you could, and you are not going to end up with too much trouble if it goes south. I suggest keeping it at that level though, if it goes higher just sell some and get something else to balance it out.