Avalanche(AVAX)market reviews and price predictions
Avalanche market statement for 2023-06-01
Yesterday the price of AVAX stood at $14.25. The market capitalization of the asset was $4 860 250 902. Avalanche’s volatility was established at 1.06%. The trading volume of the coin reached $137 282 510.
Avalanche prognosis for the next days:
We estimate the price of Avalanche to be $13.86 tomorrow 2023-06-06 and $14.39 on 2023-06-12;
We estimate the market capitalization of Avalanche to reach $4 823 711 177 tomorrow 2023-06-06 and $4 886 544 518 on 2023-06-08;
We estimate the volatility of Avalanche to become 1.29% tomorrow 2023-06-06 and 1.39% on 2023-06-08;
We estimate the trading volume of Avalanche to amount to $145 071 699 tomorrow 2023-06-06 and $145 320 099 on 2023-06-08.
Our recommendation for the pair AVAX/USD for tomorrow, 2023-06-06, to hold.
Avalanche market stayed flat from May 26 - June 1.
Avalanche portrayed neutral behavior last week, with no changes in the price. The price swings of AVAX pointed to the presence of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Avalanche market stayed flat from May 26 - June 1.
Avalanche portrayed neutral behavior last week, with no changes in the price. AVAX has been going through a period of low volatility, which fell in line with the occurred price changes. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of increased trading volume.
Avalanche market stayed flat from May 26 - June 1.
Avalanche portrayed neutral behavior last week, with no changes in the price. The volatility associated with the AVAX market was low, as were its price fluctuations. The market capitalization of the asset has been increasing in concert with the price of the coin. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Avalanche slid down by 5% last week (May 19 - May 25) as the sellers pushed back.
Between May 19 - May 25, Avalanche has been mostly bearish as its price has been in the falling mode. AVAX was caught in a period of low volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Avalanche slid down by 1% last week (May 16 - May 22) as the sellers pushed back.
The downward movement of the Avalanche price last week indicates the chosen market is bearish. The price swings of AVAX pointed to the presence of low volatility. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Bearish response: The Avalanche price melts by 2% between May 13 and May 19.
The bearish behavior of Avalanche last week was characterized by the occurrence of downswings. AVAX has been going through a period of low volatility, which fell in line with the occurred price changes. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Down by 2% : The Avalanche market saw some bearish action last week (May 13 - May 19).
Avalanche has been bearish last week as its price has been predominantly falling. AVAX has been going through a period of low volatility, which fell in line with the occurred price changes. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Down by 2% : The Avalanche market saw some bearish action last week (May 12 - May 18).
The analysis of last week’s price action shows that the Avalanche market is in the bearish phase since the price has been moving downward. The price swings of AVAX pointed to the presence of low volatility. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of increased trading volume.
Avalanche market stayed flat from May 11 - May 17.
Avalanche portrayed neutral behavior last week, with no changes in the price. AVAX has been going through a period of low volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Avalanche market stayed flat from May 11 - May 17.
Avalanche portrayed neutral behavior last week, with no changes in the price. AVAX has been going through a period of low volatility, which fell in line with the occurred price changes. There has been a fall in the market capitalization of the asset during the period under review. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.