Avalanche (Avax) records sudden increase in price of 10 percent: What is behind the sudden interest of investors?

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Avalanche (AVAX) verzeichnet signifikanten Kursanstieg Avalanche (AVAX) hat heute mit einem Anstieg von zehn Prozent auf sich aufmerksam gemacht. Nach einer Phase der Ruhe können die Halter des Coins somit auf erfreuliche Nachrichten blicken. Der Kurs stieg von etwa 19,50 US-Dollar auf 21,65 US-Dollar, was einen bemerkenswerten Fortschritt für die Kryptowährung darstellt. Der Kurs von Avalanche nimmt Fahrt auf Dieser Kursanstieg ist nicht isoliert zu betrachten, da auch Bitcoin (BTC) an diesem Tag um 3,5 Prozent zulegte. In der Regel profitieren Altcoins in einem solchen Marktumfeld, da sie weniger Kapital benötigen, um signifikante Kurssteigerungen zu erzielen. Avalanche scheint sich allmählich …
Avalanche (AVAX) recorded significant price increase Avalanche (AVAX) today drew attention to itself with an increase of ten percent. After a phase of calm, the owners of the coin can look at pleasant messages. The course rose from around $ 19.50 to $ 21.65, which is a remarkable progress for cryptocurrency. The course of Avalanche takes a journey on this price increase should not be considered isolated, since Bitcoin (BTC) also increased by 3.5 percent that day. As a rule, old coins benefit in such a market environment because they need less capital to achieve significant price increases. Avalanche seems to be gradually ... (Symbolbild/KNAT)

Avalanche (AVAX) lists significant price increase

avalanche (Avax) today drew attention to itself with an increase of ten percent. After a phase of calm, the owners of the coin can look at pleasant messages. The course rose from about $ 19.50 to $ 21.65, which is a remarkable progress for cryptocurrency.

The course of Avalanche takes on

This price increase is not to be considered isolated, since Bitcoin (BTC) also increased by 3.5 percent that day. As a rule, old coins benefit in such a market environment because they need less capital to achieve significant price increases. Avalanche seems to be free from a downward trend in which the coin was traded at around $ 15 on March 11, 2025. Avalanche had gone through a hard time since December 2024 and had fallen from $ 55 to $ 15. Nevertheless, today's price increase is remarkable, especially compared to other old coins.

Analysis of the current crypto rally

on-chain statistics show that more bulls are currently active than bears in the market. The long-to-short ratio reaches the highest level of the month, which indicates that many investors go to Avax-Futures Long. This development opens up the possibility of further price gains. According to Coinglass, the sentiment has changed from negative too positive, although the climbs are moderate. The Open Interest Rates for Avax are now also on the side of the bulls.

With the latest price increase, Avalanche also broke a bullish pattern. A significant resistance in the chart is $ 24.95, the previous high before the price fell to $ 15. A breakthrough over this resistance could enable a sustainable rally upwards.

Outlook on the near future of Avalanche

A positive factor for the future of Avalanche is the application for an ETF, which, if approved, could lead to an enormous upgrade. Nevertheless, a stable political environment is important for a continued increase in the course. Unrest from tariffs or other political events could have negative effects. However, if the bull market revives, Avax could quickly have significant price gains. In view of the strong declines in the past, Avalanche offers the chance of considerable gains as soon as the general market substantive improves.

Overall, the current trend of Avalanche shows promising signs for investors who hope for possible future developments.