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The latest price analysis by Coinidol.com report, the price of Avalanche (AVAX) has ended its decline after hitting a low of $33 on December 20, 2024.

Bitcoin's fall below $90,000 is a negative sign, but the bulls are expected to vigorously defend the $85,000 level.

AVAX faces continued selling pressure with key technical indicators pointing to further downside potential as price trades below crucial resistance at $40-$42 while approaching important support at $27.

Avalanche (AVAX), known for its lightning-fast blockchain transactions, is currently navigating a challenging phase in the cryptocurrency market. Trading at $36.72, the AVAX/USDT pair has been showing signs of a bearish trend, compounded by broader market pressures and technical resistance zones.

AVAX's short-term price action depends on a few key factors going forward.

The overall cryptocurrency market sentiment appears negative, amid this, Avalanche (AVAX) has gained significant attention from investors and whales, as reported by the on-chain analytics firm IntoTheBlock. Large Transactions Volume Soars by 71% Data from IntoTheBlock reveals that the large transaction volume on AVAX has surged by 71.09% in the past 24 hours.

Bitcoin's bounce above $94,000 suggests that the bulls remain buyers on dips, increasing the possibility of a retest of $100,000.

Avalanche (AVAX) has been experiencing mixed signals recently, with notable growth in transaction activity but a concerning decline in liquidity. After hitting a high of $4.68 billion in stablecoin market cap in March 2022, Avalanche has seen a significant loss, shedding over $1 billion from its stablecoin market cap in the past 10 days.

Avalanche network activity flashes mixed signals as transaction growth remains strong, but network liquidity takes a hit.

The latest price analysis by Coinidol.com report, Avalanche (AVAX) prices continue to trade below the moving average lines but above the $35 support level.

Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.

Avalanche (AVAX), a leading cryptocurrency, is catching the market's attention as analysts suggest it might be on the verge of a major price surge. Currently trading near $43.30, the token has shown impressive resilience in the face of market volatility.

A 21.92% rise in large transactions highlights growing whale interest. Could this aid analysts' $150 prediction for AVAX?

Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high.

Both $AVAX and $RENDER are following Bitcoin's lead by being in the green on Monday. Can both of these altcoins continue to copy Bitcoin by getting back to their all-time highs?

AVAX is the top gainer from the larger-cap alts today.

Bitcoin price looks on track to reclaim the $100,000 level. Are altcoins set to follow?

The latest price analysis by Coinidol.com report, the price of Avalanche (AVAX) has fallen sharply and is now returning to the bottom of the chart.

Avalanche's price could see a significant rise. The cryptocurrency market is expected to experience an altcoin season, where many altcoins, including AVAX, gain in value.

Bitcoin is holding above $90,000, signaling the possibility of a move back toward $100,000 in the next few days.

The crypto market ended the year with a combined valuation of $3.26 trillion. 2024 featured shifting momentum across Bitcoin, Ethereum, and other assets, influenced by Bitcoin spot ETF approval, the US election, and evolving crypto regulation.

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Avalanche is diving headfirst into this massive opportunity. Meet AvalancheAI, the first-ever AI project on the $AVAX blockchain, bringing AI and crypto together in a way that could revolutionize the space.

Despite closing the year on a bearish note, cryptocurrencies displayed remarkable performance in 2024, with tokens hitting never-seen-before all-time highs. Meanwhile, analysts expect robust gains for the asset class in the coming year as digital assets go mainstream.