- Michael van de Poppe defined in a current tweet that it is necessary for AVAX to remain above $16.85.
- If AVAX can keep above this stage, it may result in the value of the crypto focusing on $18.50 and above.
- At press time, AVAX is buying and selling at $17.40 after a value decline of 0.88%.
Standard crypto analyst and dealer Michael van de Poppe obtained all the way down to Twitter yesterday to share a few of his ideas on Avalanche (AVAX) and what the cryptocurrency value would possibly do within the close to future. In his tweet, van de Poppe additionally explored what may occur if AVAX’s value may keep above $16.85.
Yesterday’s tweet talked about that assist for AVAX was round $17.17 on the time. Van de Poppe concluded the tweet by stating that if AVAX may keep above $16.85, the value of the crypto is more likely to goal greater costs. He additionally thinks that the value of AVAX may attain $18.50 and even $19.50 if the crypto can keep above the aforementioned stage.
CoinMarketCap experiences that AVAX has been in a position to keep above $16.85 since yesterday regardless of a slight drop in value. At press time, AVAX is buying and selling at $17.40 after a value decline of 0.88% previously 24 hours. In the meantime, the altcoin was in a position to set up a every day excessive of $17.72 and a every day low of $17.30.
AVAX’s value drop additionally brought on it to weaken towards Bitcoin (BTC) by round 0.61% and Ethereum (ETH) by 0.94%. The 24-hour buying and selling quantity for AVAX is at the moment down 28.77% and stands at $91,861,378 at press time.
CoinMarketCap additionally experiences that AVAX continues to be within the inexperienced 1.20% over the previous week regardless of the current decline in crypto costs. AVAX additionally posted a acquire of 0.19% within the final hour of buying and selling.
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