Avalanche Down More Than 11% Within 24 hours

Avalanche's AVAX/USD price has decreased 11.82% over the past 24 hours to $25.85, continuing its downward trend over the past week of -19.0%, moving from $31.52 to its current price.

The chart below compares the price movement and volatility for Avalanche over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has increased 16.0% over the past week while the overall circulating supply of the coin has increased 1.23% to over 393.34 million which makes up an estimated 54.63% of its max supply, which is 720.00 million. The current market cap ranking for AVAX is #13 at $10.22 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.