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Price Analysis: The Price Of Avalanche Down More Than 3% Within 24 Hours
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Price Analysis: The Price Of Avalanche Down More Than 3% Within 24 Hours

Over the past 24 hours, the price of Avalanche (AVAX) has fallen 3.88% to $34.0. 

AVAX Price Chart | Source: Coinstats

 

This continues its negative trend over the past week where Avalanche (AVAX) has experienced a 15.0% loss, moving from $40.2 to its current price.

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). 

AVAX Price and Volatility

 

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

See Also: Price Analysis: The Price Of Injective (INJ) Up More Than 10% In 24 Hours

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

The trading volume of Avalanche (AVAX) has climbed 46.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.85%. 

AVAX Circulating Supply and Trading Volume

 

This brings the circulating supply to 366.60 million, which makes up an estimated 50.92% of its max supply of 720.00 million. 

According to our data, the current market cap ranking for AVAX is #10 at $12.56 billion.

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