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Price Analysis: Avalanche (AVAX) Price Down More Than 3% Within 24 Hours

Price Analysis: Avalanche (AVAX) Down More Than 3% Within 24 Hours

Over the past 24 hours, the price of Avalanche (AVAX) has fallen 3.12% to $38.33. 

Avalanche Price Chart | Source: Coinstats

 

This is opposite to its positive trend over the past week where Avalanche (AVAX) has experienced a 1.0% gain, moving from $39.36 to its current price.

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The chart below compares the price movement and volatility for Avalanche (AVAX) over the past 24 hours (left) to its price movement over the past week (right). 

Avalanche Price and Volatility Chart

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has tumbled 42.0% over the past week along with the circulating supply of the coin, which has fallen 0.36%. 

Avalanche Circulating Supply and Trading Volume

 

This brings the circulating supply to 367.54 million, which makes up an estimated 51.05% of its max supply of 720.00 million. 

According to our data, the current market cap ranking for AVAX is #10 at $14.08 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.