{"id":560374,"date":"2023-11-13T11:00:16","date_gmt":"2023-11-13T11:00:16","guid":{"rendered":"https:\/\/wncen.com\/?p=560374"},"modified":"2023-11-13T09:53:33","modified_gmt":"2023-11-13T09:53:33","slug":"avalanche-avax-rumbles-with-45-rally-rules-top-20-coin-listing-today","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/avalanche-avax-rumbles-with-45-rally-rules-top-20-coin-listing-today\/","title":{"rendered":"Avalanche (AVAX) Rumbles With 45% Rally, Rules Top 20 Coin Listing Today"},"content":{"rendered":"

Throughout the majority of the year, the Avalanche (AVAX) coin has seen a predominantly bearish trend. However, it has recently exhibited a noteworthy resurgence.<\/p>\n

Avalanche has demonstrated remarkable performance within the cryptocurrencies sector, exhibiting a significant increase of 10% during the past 24 hours.<\/p>\n

The AVAX price, which is currently valued at $18.12,<\/a> exhibits a bullish engulfing candlestick pattern. From an optimistic perspective, the escalating demand has the potential to drive the bullish trend to surpass the $20 threshold.<\/p>\n

Related Reading: Mysterious Wallet Transfers 18 Million MATIC To Coinbase \u2013 What\u2019s Going On?<\/a><\/div>\n
\"\"AVAX shows an impressive figure in the weekly timeframe. Source: CoinMarkeCap<\/a><\/pre>\n
Indeed, the recent surge of 45% in the altcoin’s value over the past week has facilitated its ascendancy to the apex of the current top 20 coin rankings.<\/p>\n
The AVAX cryptocurrency is now experiencing an upward trajectory,<\/a> with its objective being the reacquisition of the $20 threshold. Will the cryptocurrency surge persist, leading AVAX to exceed the $20 mark, or is a potential retracement on the horizon?<\/p>\n
The price of Avalanche has recently increased substantially for three key reasons. First off, it had a significant increase subsequent to the announcement made by Coinbase on its plans to incorporate support for AVAX and SOL perpetual futures contracts.<\/p>\n
<\/p>\n
In the majority of instances, the value of cryptocurrencies experiences a significant increase following their inclusion on one of the largest global exchanges.<\/p>\n
Secondly, the success of the token’s rise is consistent with that of other cryptocurrencies such as Ethereum, Solana, Chainlink, and\u00a0Bitcoin.<\/p>\n
Supporters of a spot Bitcoin ETF are jubilant about its possible approval. Additionally, Blackrock submitted an\u00a0application for an Ethereum ETF last week.<\/p>\n
Related Reading: Boom! Cronos Unleashes 57% Weekend Explosion, Beating All In The Top 100 Crypto Ranking<\/a><\/div>\n
Investors thus anticipate that entities such as Blackrock, Invesco, and Grayscale would apply for additional token ETFs as their next course of action. Avalanche will be a great one to see if this occurs due of its enormous scale.<\/p>\n
\"\"AVAX price action in the last 24-hours. Source: CoinMarketCap<\/a><\/pre>\n
Avalanche<\/a> has gained significant popularity on numerous social media platforms. Further evidence indicates that there has been a notable upward trend in the open interest of futures. The total revenue reached a peak of more than $156 million throughout the course of the weekend.<\/p>\n
Bybit, OKX, and Bybit accounted for the remainder of this open interest, after Binance. A significant increase in futures open interest generally indicates heightened demand.<\/p>\n
As the cryptocurrency community eagerly watches AVAX’s ascent, the question remains: will it maintain its momentum and breach the $20 mark, or is a retracement on the horizon? Time will tell as the cryptocurrency market continues to evolve.<\/p>\n
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n
Featured image from Pixabay<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Throughout the majority of the year, the Avalanche (AVAX) coin has seen a predominantly bearish trend. However, it has recently exhibited a noteworthy resurgence. Avalanche has demonstrated remarkable performance within the cryptocurrencies sector, exhibiting a significant increase of 10% during the past 24 hours. The AVAX price, which is currently valued at $18.12, exhibits a bullish engulfing candlestick pattern. From an optimistic perspective, the escalating demand has the potential to drive the bullish trend to surpass the $20 threshold. Related Reading: Mysterious Wallet Transfers 18 Million MATIC To Coinbase \u2013 What\u2019s Going On? AVAX shows an impressive figure in the weekly timeframe. Source: CoinMarkeCap Indeed, the recent surge of 45% in the altcoin’s value over the past week has facilitated its ascendancy to the apex of the current top 20 coin rankings. The AVAX cryptocurrency is now experiencing an upward trajectory, with its objective being the reacquisition of the $20 threshold. Will the cryptocurrency surge persist, leading AVAX to exceed the $20 mark, or is a potential retracement on the horizon? The price of Avalanche has recently increased substantially for three key reasons. First off, it had a significant increase subsequent to the announcement made by Coinbase on its plans to incorporate support for AVAX and SOL perpetual futures contracts. In the majority of instances, the value of cryptocurrencies experiences a significant increase following their inclusion on one of the largest global exchanges. Secondly, the success of the token’s rise is consistent with that of other cryptocurrencies such as Ethereum, Solana, Chainlink, and\u00a0Bitcoin. Supporters of a spot Bitcoin ETF are jubilant about its possible approval. Additionally, Blackrock submitted an\u00a0application for an Ethereum ETF last week. Related Reading: Boom! Cronos Unleashes 57% Weekend Explosion, Beating All In The Top 100 Crypto Ranking Investors thus anticipate that entities such as Blackrock, Invesco, and Grayscale would apply for additional token ETFs as their next course of action. Avalanche will be a great one to see if this occurs due of its enormous scale. AVAX price action in the last 24-hours. Source: CoinMarketCap Avalanche has gained significant popularity on numerous social media platforms. Further evidence indicates that there has been a notable upward trend in the open interest of futures. The total revenue reached a peak of more than $156 million throughout the course of the weekend. Bybit, OKX, and Bybit accounted for the remainder of this open interest, after Binance. A significant increase in futures open interest generally indicates heightened demand. As the cryptocurrency community eagerly watches AVAX’s ascent, the question remains: will it maintain its momentum and breach the $20 mark, or is a retracement on the horizon? Time will tell as the cryptocurrency market continues to evolve. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Pixabay<\/p>\n","protected":false},"author":557,"featured_media":560379,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[9885,83347,6664],"class_list":["post-560374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-avalanche","tag-avax","tag-crypto"],"acf":[],"yoast_head":"\nAvalanche (AVAX) Rumbles With 45% Rally<\/title>\n<meta name=\"description\" content=\"Throughout the majority of the year, the Avalanche (AVAX) coin has seen a predominantly bearish trend. 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Avalanche (AVAX) Rumbles With 45% Rally, Rules Top 20 Coin Listing Today","url":"http:\/\/wncen.com\/news\/avalanche-avax-rumbles-with-45-rally-rules-top-20-coin-listing-today\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/avalanche-avax-rumbles-with-45-rally-rules-top-20-coin-listing-today\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/a-81.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/a-81.png?fit=1051%2C587"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["avalanche","avax","crypto"],"dateCreated":"2023-11-13T11:00:16Z","datePublished":"2023-11-13T11:00:16Z","dateModified":"2023-11-13T11:00:16Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Avalanche (AVAX) Rumbles With 45% Rally, Rules Top 20 Coin Listing Today\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/avalanche-avax-rumbles-with-45-rally-rules-top-20-coin-listing-today\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/avalanche-avax-rumbles-with-45-rally-rules-top-20-coin-listing-today\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/a-81.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/a-81.png?fit=1051%2C587\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"avalanche\",\"avax\",\"crypto\"],\"dateCreated\":\"2023-11-13T11:00:16Z\",\"datePublished\":\"2023-11-13T11:00:16Z\",\"dateModified\":\"2023-11-13T11:00:16Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/a-81.png?fit=1051%2C587","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/560374"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=560374"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/560374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/560379"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=560374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=560374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=560374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}