Why Is Avalanche (AVAX) Rising? 17 April 2023 - Coinleaks
Current Date:September 21, 2024

Why Is Avalanche (AVAX) Rising? 17 April 2023

Has AVAX, which is among the most rising coins of the day with an increase of close to 10 percent, started its big rise?

in the past weeks The importance it attaches to NFT and digital artistsThe shining Avalanche ( AVAX) attracted attention with today’s price increase. One of the leading names of major coins AVAX, in price with the rise together Avalanche community aroused . The continuation of the upward trend in the crypto market, AVAX’of this move made it easy . currently 20.80 dollarrunning at levels major coins If it exceeds the next resistance, it can sign big rises. It also has a large audience. The Avalanche ecosystem seems to have increased their activity on social media.

AVAX Chart Analysis

Bitcoin ( BTC) especially after it exceeds $30,000 Big bullish wave seen in major coins . Capturing a strong trend from its annual opening price, AVAX had reached the level of $ 20. AVAX investors curiously waiting forbig rises, In the range of $ 21.35 – $21.94can become even more critical. If this price range is exceeded, AVAX can rise to the levels of $ 23.66 – $ 26.30.

EthereumIn the scenario where the power is lost and the altcoins are weakened, AVAX can be pulled back to $19.33 – $18.22 – $16.00 respectively.Gaining great momentum for now The major coin came to the fore again with the enthusiasm it created.