AVAX O'clock ?What time is it?
No watch but hey.. it looks like it could be AVAX o'clock
Despite this:
Bitgert fast-growing ecosystem means massive adoption, and this threatens Avalanche (AVAX)
Bitgert disruptive products and projects have the potential to challenge Avalanche’s dominance
Bitgert (BRISE) is among the crypto projects doing very well in the market right now. In fact, Bitgert tops among the crypto projects widely discussed in the crypto industry. This is because of the massive hype the Bitgert coin has created in the past few months.
Bitgert’S fast-growing ecosystem is one of the biggest reasons why even Avalanche (AVAX) holders are joining Bitgert. In fact, the fast-growing Bitgert ecosystem is increasingly becoming a concern to the Avalanche project. This is because Bitgert is slowly overtaking Avalanche’s dominance in the market.
My opinion: Avalanche will shine.. Top 16 today., Top-10 IN 2023
One Love,
the FXPROFESSOR
Avax
Bullish DIV on some of the bigger ALTSLooking at AVAX/USD it has the same signature as SOL/USD Leving Bullish Divergence on the higher time frames, LOW LEVERAGE is key because the value of the cryptos themselves go up as well as the profit. Shakeout will be violent at this stage if we decide to move hire. Good Luck
AVAXUSDT 6H TA: Support & ResistanceAccording to the chart, a suitable support range has been established in the range of $14. If this range is maintained and the resistance of the channel line is broken, the price will increase to $21 and $26. Otherwise, the price will decrease to the support range of $14.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
#AVAX / #USDT : Analysishello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day!.
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Notice in the chart
We have a good support zone
In addition to that
The downtrend line has been broken
Avalanche Sits at the 0.886 Retrace Awaiting Potential BidsWe are at the 88.6% Fibonacci Retracement and showing Moderate amounts of Bullish Divergence on the RSI if we can catch a Standard Correction of the Downtrend we could see it pump back up to the 200 Day Moving Average which is Currently near the next possible resistance zone above if we were to rally from here.
Which one outperforms? AVAX KSM SOL ATOMInteresting to see how similar these charts all are.. taking bets.. which will outperform in the short term? My bet is on SOL, just based off a hierarchy of the risk-curve, and it being a higher cap project, thus more visible, and considered a lower risk trade than the others.
AVAX- Can Be in the TOP-10 🔝🔟🎩Avalanche Bridge Launches Native Bitcoin Support; www.coindesk.com
The AVAX token is beginning to gain some upside momentum despite a drop-off in DeFi activity.
Smart contracts platform Avalanche added support for native bitcoin (BTC) in its cross-chain bridge, according to a blog post.
The network's native token, AVAX, surged 7.4%, outperforming bitcoin and ether (ETH), which are up 0.64% and 2.34%, respectively.
The addition allows users to bridge native bitcoin and gain exposure to Avalanche's DeFi ecosystem by using the newly launched 'Core' wallet.
The BTC pool on AVAX-based decentralized finance (DeFi) protocol Platypus has $11.7 million in total value locked (TVL) and offers yields of between 23.72% and 62.84%.
A BTC.b to AVAX pool has also opened up on rival platform TraderJoe with yields of 17.5%.
The Avalanche bridge launched last August, supporting transfers of ERC20 tokens between the Ethereum and Avalanche networks.
There is currently $2.68 billion in TVL across the Avalanche ecosystem, according to DefiLlama, which marks an $11 billion drop from December as the DeFi sector recedes amid concerns over lending protocols.
AVAX could be the next Breakout.
One Love,
the FXPROFESSOR