Avalanche Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche (AVAX) has seen a 4.37% price drop in the last 24 hours, continuing a week-long decline. Trading volume decreased by 8% while circulating supply increased slightly. AVAX ranks #13 in market cap at $9.48 billion.
September 16, 2024 | 7:02 pm
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NEGATIVE IMPACT
Avalanche (AVAX) has experienced a 4.37% price drop in the last 24 hours, continuing a negative trend over the past week. Trading volume has decreased by 8%, while the circulating supply has increased slightly.
The 4.37% price drop in the last 24 hours, along with a decrease in trading volume and an increase in circulating supply, suggests a bearish sentiment for AVAX in the short term. The continued negative trend over the past week further supports this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100