Avalanche (AVAX) Price Analysis for Today, September 9 – AVAX Technical Analysis
Avalanche (AVAX) is gaining traction among crypto investors, thanks to its highly scalable, secure, and efficient blockchain platform. Its unique consensus mechanism enables it to process over 4,500 transactions per second, outperforming many other smart contract platforms in terms of speed. AVAX Key Statistics Current Price: $23.6 Market Cap: $9.57 billion Trading Volume (24h): $219.83 million Circulating Supply: 405.26 million AVAX Total Supply: 445.27 million AVAX CoinMarketCap Ranking: #12 Despite a 15.55% decline from its 30-day high, AVAX has shown resilience with a 3.38% increase over the past week. Moreover, its impressive bouncebacks of 18.90% from the monthly low and 14.95% from the weekly low suggest a robust recovery potential, hinting at a promising outlook for the asset. AVAX/USD Market Analysis Key Levels: Resistance: $23.6, $27.2, $32.00 Support: $23.5, $19.7, $17.2 AVAXUSD – Daily Chart AVAX/USD is showing signs of life, trading at $23.6 ...