Well, chart says the breakout scenario could be in play and AVAX is in the top-15 at the moment.
Top-10 will be difficult but potential for 12-13 is in play.
In any case we have a nice set-up for a trade as 19,12 is support.
23$ - 27$ and 40$ are targets for taking profit.
News:
Avalanche Surges to 6-Month High in Daily Active Addresses
The spike coincided with a bevy of financial institutions joining Avalanche’s Evergreen subnet “Spruce.”
Avalanche’s daily active addresses hit nearly 80,000 on April 12. Its daily active user base grew 85% in the past 90 days, making it one of fastest-growing protocols, ahead of BNB Chain, Tron, Ethereum, Aptos and Bitcoin. Only four protocols grew faster, per Artemis: StarkNet, Arbitrum, Stacks and Canto.
The high-water mark coincided with Avalanche’s April 12 partnership with a bevy of financial institutions that will contribute to its network infrastructure, signaling traditional finance companies’ increased interest in the Avalanche ecosystem.
One Love,
The FXPROFESSOR
Top-10 will be difficult but potential for 12-13 is in play.
In any case we have a nice set-up for a trade as 19,12 is support.
23$ - 27$ and 40$ are targets for taking profit.
News:
Avalanche Surges to 6-Month High in Daily Active Addresses
The spike coincided with a bevy of financial institutions joining Avalanche’s Evergreen subnet “Spruce.”
Avalanche’s daily active addresses hit nearly 80,000 on April 12. Its daily active user base grew 85% in the past 90 days, making it one of fastest-growing protocols, ahead of BNB Chain, Tron, Ethereum, Aptos and Bitcoin. Only four protocols grew faster, per Artemis: StarkNet, Arbitrum, Stacks and Canto.
The high-water mark coincided with Avalanche’s April 12 partnership with a bevy of financial institutions that will contribute to its network infrastructure, signaling traditional finance companies’ increased interest in the Avalanche ecosystem.
One Love,
The FXPROFESSOR
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🚀💰fxprofessor.com 🌍 Subscribe
🗽 Telegram Bot: t.me/FXPROFESSOR_bot
💙 Everything I share here is Charts and Personal Opinions; not financial advise. DYOR and do not trade or buy anything, it's safer.
🗽 Telegram Bot: t.me/FXPROFESSOR_bot
💙 Everything I share here is Charts and Personal Opinions; not financial advise. DYOR and do not trade or buy anything, it's safer.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.