Bears’ repeated efforts to grab control of the Avalance (AVAX) market throughout the day have finally succeeded. During the downtrend, AVAX bears dragged the price down to $13.59, a 0.80% drop.
The 0.78% dip in market capitalization to $4,218,837,991 and the 24.36% decrease in trading volume to $223,483,079 point to a negative trend. In a downturn, dropping volume may indicate a reversal and a good buying time.
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Source: Cryptocurrency - investing.com