AVAX tops the crypto predictability list... but the other tokens may surprise...
Two of the top DeFi tokens are also the most perplexing, while layer one and two coins trade more predictably. You can’t predict the future, but you can learn from the past.And some crypto tokens are much (much) more predictable than others, when you analyze their historical trading patterns.In fact, five cryptocurrencies in particular have exhibited the kind of trading predictability that could give sharp-eyed crypto traders a huge advantage in the markets.These five tokens have all demonstrated one thing in common:After strong bullish conditions were detected, they averaged an increase....
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If you’ve been paying attention to the broader crypto market lately, you might’ve noticed the emergence of Avalanche (AVAX). While many of the biggest coins in crypto have been experiencing some slight declines, most of which have come after ridiculous gains throughout the year, Avalanche has been outperforming peers by leaps and bounds. If you’re not familiar with the blockchain, spearheaded by Ava Labs, now might be the time to get acquainted. The $AVAX token has found it’s way to aggressively challenging the top 10 cryptos by market cap – no small task....
AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation figures in the United States. Data showed that inflation is currently at 8.6%, which is close to a 40-year high. Both AVAX and ALGO moved close to one-week lows on the news.
Avalanche (AVAX)
AVAX moved close to a one-week low on Friday, as prices fell following the release of U.S. inflation data.
Following a high of $25.29 on Thursday, AVAX/USD slipped to a low of $22.78 earlier in today’s session.
This drop took prices close to their support level of....
Crypto markets were mainly in the green on Saturday, with AVAX, RUNE and ZEC being some of the notable gainers. Apecoin traded lower during its third session, falling by as much as 13%, following back-to-back gains. Avalanche (AVAX) LUNA, WAVES, and FTM were all trading over 10% on Saturday, however it was AVAX that was one of the leading gainers to start the weekend. Following a low of $76.74 on Friday, avalanche (AVAX) rallied above its $90 resistance level in today’s session, hitting an intraday high of $90.27 in the process. Today’s move was the highest level AVAX has....
Users can spend AVAX, in addition to 61 crypto and traditional currencies on Wirex once linked up to a crypto-enabled debit card. Wirex, a digital payment platform that enables users to spend 62 fiat and cryptocurrencies at more than 61 million locations worldwide via the Wirex platform, announced the integration of Avalanche (AVAX) into its ecosystem on Monday. With the move, users can receive, send, store, and exchange AVAX tokens, and add custom tokens via the Avalanche blockchain. The company plans to onboard multiple AVAX based tokens over the next few months.In addition, Wirex users....
AVAX was one of the biggest movers in crypto markets on Thursday, as prices fell by over 10%, hitting a two-week low in the process. ATOM was also trading in the red, with its value dropping by as much as 13% in the day. Avalanche (AVAX) AVAX was one of today’s biggest losers, as prices fell by over 10% on Thursday, pushing them to a two-week low. Following a low of $23.72 during Wednesday’s session, AVAX/USD climbed to a peak of $28.54 earlier in the day. Today’s drop saw AVAX hit its lowest point since May 12, and comes as its recent support point of $29.20 was....