david🎭
@mountainmans
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Over the past three days, the crypto market has seen impressive gains, with BTC reaching $73,500.
While some altcoins have made significant gains, Avalanche [AVAX] has not treaded on the green. The altcoin continued its monthly long bearish trend.
At the time of writing, AVAX was trading at $26. This marked a 2.04% decline over the past day.
Also, the altcoin has declined on the weekly and monthly charts, dropping by 4.07% and 8.3% respectively.
As expected, the current market conditions have left analysts deliberating over AVAX’s trajectory.
Adding to this, Cryptoquant analyst Burak Kesmeci suggested that Avalanche is undervalued, citing its MVRV score. 0 reply
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