What’s going on in Avalanche (AVAX), which finds support from the same price range and turns its route up days later?
Bitcoin ( BTC) gaining strength with its stable course AVAX started its upward movement by receiving a reaction from a critical support. Can AVAX, which has appreciated the $ 16.59 level in the past price movements, continue to delight its ecosystem?
Big Announcement at Avalanche Summit!
Speaking at the Avalanche Summit 2023 event, the blockchain event held for the second time this year in Barcelona, Togg CEO M. Gürcan Karakaş announced that the smart device passport and battery passport will also be included in the digital asset wallet integrated into the smart device. Thanks to many advantages, this innovation created by Togg on the Avalanche blockchain allows instant access to the device’s historical data, maintenance information and all kinds of information about change processes.
M. Gürcan Karakaş, at the Avalanche Summit 2023 event, stated that the company was formed around the term USE CASE Mobility, while expressing “Smart Device”, “Digital Platform” and “Clean Energy Solutions”, and stated its activities on how to benefit users with blockchain-based smart contracts.
Avalanche (AVAX) Chart Analysis
Bounce from a critical value in price action AVAX had ascended from this point many times in the past. It came in the same price range days ago. AVAX increased by 9.50% and 12.09 percent, respectively. Currently, AVAX, which finds buyers at $ 17.02, can target $ 22 again if there is no news from the market.
In order to revive Avalanche, which has a serious audience in the crypto ecosystem. on AVAX It is of great importance to break the 18.22 – 19.33 – $ 20.40 and $ 22 resistances, respectively. If the price continues on the downside, decreases to 15.37 and 14 dollars can be observed.
