Avalanche Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche (AVAX) has experienced a 4.91% price drop in the past 24 hours, continuing a week-long negative trend with a 6.0% loss. Trading volume has decreased by 26.0%, while circulating supply increased by 0.49%. AVAX's market cap is currently ranked #15 at $7.89 billion.
August 15, 2024 | 7:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Avalanche (AVAX) has seen a 4.91% price drop in the past 24 hours and a 6.0% loss over the past week. Trading volume decreased by 26.0%, while circulating supply increased by 0.49%.
The significant price drop and decreased trading volume indicate a bearish trend for AVAX in the short term. The increase in circulating supply adds to the downward pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100