The AVAX token, used on the Avalanche blockchain, currently holds the 12th position in terms of market capitalization. With over 440 million AVAX tokens in circulation and a trading volume exceeding $396 million in the last 24 hours, it is evident that AVAX is a significant player in the cryptocurrency market. However, recent price movements
Analysis
The recent performance of VeChain (VET) in the cryptocurrency market has left much to be desired. Like many other altcoins, VET has faced challenges and failed to meet the expectations that were set at the beginning of the year. This decline in value has raised concerns among investors and analysts who were hopeful for a
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The Ethereum price has shown signs of recovery as it extended above the $3,120 zone. However, the bulls were unable to break through the $3,220 resistance level, leading to a correction in the price. This correction caused Ethereum to trim its gains after climbing above the $3,150 and $3,200 levels. One significant indicator of the
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AVAX price has been showing a positive trend recently, gaining pace above the $36.50 resistance level. The cryptocurrency Avalanche (AVAX) has the potential to rise further if it manages to break above the $40.00 resistance zone. The price has been moving higher from the $30.50 support zone against the US dollar and is currently trading