The price action of Avalanche (AVAX) as observed through Bollinger Bands has resulted in a 664% profit between September 2020 and January 2025. Key buy signals have occurred at various price levels, while sell signals have been triggered at the upper band. AVAX has experienced volatility, with prices reaching highs of $140 before declining. Despite this, AVAX has shown rebounds and corrections, and future profits may depend on market sentiment and volatility. AVAX inflows have fluctuated, with significant outflows occurring in July 2024. However, consistent inflows above $10M since November suggest renewed market interest. StableJack aims to provide leveraged exposure and stablecoins for AVAX users. The burned supply of AVAX has remained balanced, and total value locked has experienced slight dips. AVAX ranks second among RWA projects in terms of community engagement. LINK is the leading project in terms of social activity. Other projects show varying levels of engagement. Smaller projects may prioritize community growth to enhance visibility.
- Content Editor ( thecoinrepublic.com )
- 2025-01-14
AVAX Price Aiming for 664% Gains? Inflows, Social Activity Surge