Catch Up

Avalanche

<ul class="news-points"> 
 <li><strong>An analyst shared on X that the AVAX/BTC trading pair could bounce off of a bottom on its 4-hour chart.</strong></li> 
 <li><strong>In this bullish scenario, the pair could rise to the next major resistance level at 0.0003610 BTC.</strong></li> 
 <li><strong>Both AVAX and BTC saw their prices increase over the past 24 hours of trading.</strong></li> 
</ul> 
<p>The cryptocurrency analyst and investor CryptoKaleo shared on X earlier today that the <a href="https://coinedition.com/tag/Avalanche-avax/">Avalanche (AVAX)</a> and <a href="https://coinedition.com/tag/bitcoin-btc-news/">Bitcoin (BTC)</a> trading pair could start making a move upwards soon. According to the post, the pair is starting to bounce off of a bottom on the 4-hour chart.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24AVAX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$AVAX</a> / <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a> pair starting to bounce off the bottom as well<br><br>This is where you giga long <a href="https://t.co/IsL6xe5ECA" target="_blank" rel="nofollow">pic.twitter.com/IsL6xe5ECA</a></p>— K A L E O (@CryptoKaleo) <a href="https://twitter.com/CryptoKaleo/status/1717388206033825873?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 26, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The AVAX/BTC pair rebounded from a low of 0.0002982 BTC yesterday, resulting in a strong positive move in the following 24 hours. Subsequently, the pair currently seems to be in an attempt to challenge the 0.0003395 BTC barrier.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full is-resized">
  <img decoding="async" src="https://www.tradingview.com/x/KC2jWq37/" alt="" style="aspect-ratio:2.3811420982735725;width: 100%;height:auto">
  <figcaption class="wp-element-caption">
   <em>Daily chart for AVAX/BTC (Source: <a href="https://www.tradingview.com/x/KC2jWq37/" target="_blank" rel="nofollow">TradingView</a>)</em>
  </figcaption>
 </figure>
</div> 
<p>If AVAX/BTC is able to close a daily candle above 0.0003395 BTC, then it could establish a strong foundation before entering another leg up. In this bullish scenario, the pair could rise…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/avalanche-avax-is-primed-to-catch-up-to-btc-predicts-analyst/">Avalanche (AVAX) Is Primed To Catch Up to BTC, Predicts Analyst</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Avalanche (AVAX) Is Primed To Catch Up to BTC, Predicts Analyst

Coin Edition

Other articles published on Oct 26, 2023

Why Did Tellor’s TRB Pump Over 680% in 2 Months? Crypto Analyst ‘Not Surprised’

Navigating the Cryptocurrency FOMO Pitfall: Strategies for Staying Grounded

Increased Demand for Decentraland (MANA) Token in the Midst of Market Uptrend

FLOKI Soars Past 28% as Project Launches Approach

Bitcoin is evolving into a multi-asset network

Supra and Google Partner to Bring Fast Price Feeds to Financial Markets

Join our free newsletter for daily crypto updates!