Cryptocurrency Avalanche Up More Than 12% In 24 hours

Over the past 24 hours, Avalanche's AVAX/USD price rose over 12% reaching as high as $92.47.

This continues its positive trend over the past week, as it has experienced a 1.0% gain, moving from $89.11 to its current price (although the crypto dipped below $76 this week before recovering). As it stands right now, the coin's all-time high is $144.96.

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 bigger the gray area is at any given moment, the larger the volatility.

price_chart

The trading volume for the coin has climbed 69.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.01%.

This brings the circulating supply to 243.16 million, which makes up an estimated 33.77% of its max supply of 720 million coins. According to our data, the current market cap ranking for AVAX is #11 at $22.01 billion.

supply_and_vol

Where Can You Buy Avalanche?

If you are interested in purchasing Avalanche or want to learn more about it, follow this link to Benzinga Money. Our Benzinga Money team has in-depth educational content that not only explains the details of the coin itself, but also how and where you can purchase it.

Do you want to learn more about trading and be able to analyze your own portfolio of stocks or cryptocurrencies? Consider signing up for Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy. You can follow the link here to visit.

Powered by CoinGecko API

This post contains affiliate links from which Benzinga may earn a commission.

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

Related Link: AVALANCHE VS. ETHEREUM

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CryptocurrencyMarketsMoversTrading IdeasBZI-CML
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!