Avalanche Falls More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche (CRYPTO: AVAX) has experienced a significant price drop of 7.24% in the past 24 hours, continuing a week-long negative trend with a 10% loss. Trading volume has also decreased by 42% over the past week.
June 14, 2024 | 7:02 pm
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NEGATIVE IMPACT
Avalanche (CRYPTO: AVAX) has seen a 7.24% price drop in the last 24 hours, continuing a week-long decline of 10%. Trading volume has also decreased by 42%, indicating reduced market activity.
The significant price drop and reduced trading volume suggest a bearish sentiment in the market for AVAX. The continued negative trend over the past week further supports the likelihood of a short-term decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100