Tag Archives: avalanche

AVAX Faces Key Support with Breakout Targets Ranging to $302

Key Insights: AVAX drops 90% from its ATH, testing the final accumulation zone between $15-$11. Avalanche’s TVL growth surged 3, 200%, positioning it among the top DeFi platforms for future expansion. Breakout targets for AVAX range from $43 to $302, contingent on sustained support and market recovery. Avalanche (VAX) has recently reached a crucial support zone after a significant decline from its all-time high (ATH) in 2021. According to market analysts, the cryptocurrency is now testing the final accumulation zone. This comes after a 90% drop from its ATH, and many believe this could present an important opportunity for long-term investors. Price Movement and Current Support Zone AVAX has been under pressure since its peak in 2021, when the cryptocurrency reached new heights. As of the time of writing price stands at approximately $14. 47, with a 24-hour trading volume exceeding $408 million. The support zone between $15 and $11 has drawn attention due to a mix of technical indicators, including a four-year mega support level, the 0. 786 Fibonacci retracement level, and a wedge floor. The belief is that these levels could serve as a solid foundation for price stabilization. AVAX is expected to maintain support at these levels before any further upward movement. However, the key to further recovery lies in whether the price can hold this support and break through the targeted resistance levels. TVL Growth and Avalanche’s Market Position Avalanche has been showing signs of improvement on the decentralized finance (DeFi) front. The Total Value Locked (TVL) in the Avalanche network has more than doubled since July 2024. Notably, the Real World Asset (RWA) TVL has risen by an impressive 3, 200%, pointing to a growing interest in the platform. This growth places Avalanche among the top 3 entities in a market that is projected to reach $18 trillion by 2023. Despite this positive development, the price of AVAX has been under pressure in the short term. The network’s fundamentals continue to strengthen. As the DeFi sector expands, more investors are paying attention to Avalanche’s growing presence in the market. Breakout Targets for AVAX Looking ahead, analysts are forecasting potential breakout levels for AVAX. If the price can maintain its support and eventually break resistance, targets are set at $43, $85, $145, and even $302. These levels indicate the long-term potential of AVAX, provided it can gain traction in the market. The path to these higher price points will depend on the broader market conditions and Avalanche’s continued growth in the DeFi sector. If AVAX can sustain its current support and avoid further declines, it may find itself in a position to capitalize on the next phase of market recovery.
https://bitcoinethereumnews.com/tech/avax-faces-key-support-with-breakout-targets-ranging-to-302/

Avalanche Burns 4.8M AVAX, AAVE Jumps 10%, and BlockDAG Presale Blazes Past $425M! Which Is The Best Crypto to Buy Now?

**Avalanche’s Deflationary Burn Fuels Bullish Sentiment, AAVE’s Resilience Restores Confidence, and BlockDAG’s $425M Presale & $1 Forecast Make It 2025’s Breakout Project**

Avalanche, AAVE, and BlockDAG are currently stealing the thunder in the crypto market. Each project is capturing attention for distinct reasons: Avalanche for its deflationary token burn, AAVE for impressive resilience during market turmoil, and BlockDAG for its massive presale and ambitious price targets. Let’s explore how these factors are shaping bullish sentiment and setting the stage for potential gains in 2025.

### Avalanche Burn Hits 4.8M: Can It Push Prices Higher?

Avalanche (AVAX) is igniting bullish predictions thanks to a strong deflationary mechanism. Over 4.8 million AVAX tokens—worth approximately $108 million—have been burned, significantly tightening supply. Daily token burns have surged from roughly 500 to 1,500 tokens, fueled by soaring network fees that jumped 107% in September, reaching $1.5 million.

On-chain activity supports this trend, with AVAX transactions surpassing 50 million in October and expanding use in real-world asset tokenization. Technically, if AVAX breaks past the resistance of $26.50, it could test the $36 level, representing approximately a 60% upside from current prices.

**Why consider investing?**
The rising burn rate reduces circulating supply over time, while growing adoption builds demand—both potentially driving prices higher. However, there is risk: a drop below $15 could invalidate this bullish outlook.

### AAVE Recovers 10% After $180M Liquidations

AAVE recently demonstrated remarkable strength by surging about 10% within 24 hours, easily outpacing the broader crypto market’s roughly 5% gain. This sharp rally came on the heels of a challenging period when AAVE managed $180 million in liquidations amid market chaos—without breaking down.

This performance restored confidence in AAVE’s robust technology and fundamentals. From a technical standpoint, AAVE rebounded just above its 200-day moving average around $255. Should it break past $265, the next resistance zone lies near $280. Conversely, losing support could push it down to $240.

AAVE’s resilience during stress suggests it may handle volatility better than many weaker DeFi rivals. For investors who favor protocols with sturdy fundamentals that can attract capital as markets stabilize, AAVE remains a key candidate to watch.

### Why BlockDAG’s $1 Goal Looks Realistic!

BlockDAG is generating extraordinary momentum during its final presale phase, having already raised more than $425 million and sold nearly 27 billion coins. The current Batch 31 price of $0.0015 represents one of the last opportunities for entry before the project hits its $600 million presale target.

Participants are using special TGE codes to secure launch-day priority ahead of Genesis Day on November 26, with leaderboard rankings determining early airdrop timings.

At its core, BlockDAG combines hybrid Directed Acyclic Graph (DAG) and Proof-of-Work (PoW) architectures to deliver high throughput and near-instant block confirmations. Its dual compatibility with Ethereum Virtual Machine (EVM) and WebAssembly (WASM) attracts developers migrating from Ethereum and Solana, helping it surpass 4,500 developers and 300 decentralized applications in development — all before launch.

BlockDAG’s influence extends beyond crypto, with a multi-year partnership with the BWT Alpine Formula 1® Team, linking cutting-edge blockchain technology with global visibility.

With 3 million X1 mobile miners, 20,000 hardware units sold, and security audits verified by CertiK and Halborn, BlockDAG has established both scale and credibility. Signals such as whale wallet activity and developer growth strongly suggest BDAG is positioned to be one of 2025’s best crypto presales, with the potential to reach a $1 valuation post-launch.

### Which is the Best Crypto for the Future?

– **Avalanche (AVAX)** stands on solid fundamentals, but its price upside depends on sustained token burns and continued demand growth.
– **AAVE** has proven its stability in stressful markets, but faces intense competition within a slowing DeFi landscape.
– **BlockDAG**, however, offers fundamentals that extend beyond speculation: its live Awakening Testnet, enormous presale success, strategic Alpine F1® partnership, and strong user and developer communities set it apart.

Backed by $425 million in funding and a rapidly growing hardware ecosystem, BlockDAG’s potential 6,000% climb toward $1 per token seems both grounded and achievable.

While Avalanche’s price targets and AAVE’s volatility-triggered price jump keep traders occupied, smart money chases momentum validated by proof—not just promises. For this reason, BlockDAG stands out as the best crypto pick for the future, blending verified technology, market traction, and global exposure into a compelling growth story.

### Presale Information

– Website: [Insert URL here]
– Telegram: [Insert URL here]
– Discord: [Insert URL here]

*This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are urged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable for any damages or losses resulting from use or reliance on the content.*

**About the Author**
*Krasimir Rusev* is a seasoned journalist covering cryptocurrencies and financial markets, known for his in-depth analysis, news, and forecasts on digital assets. His expertise provides investors, traders, and crypto enthusiasts with reliable insights into the latest market trends.
https://coindoo.com/avalanche-burns-4-8m-avax-aave-jumps-10-and-blockdag-presale-blazes-past-425m-which-is-the-best-crypto-to-buy-now/