AVAX

By focusing on Solana's daily and 2-hour technical charts, it can be seen that important support and resistance levels are crucial for investors in analyzing the possible future movements of AVAX price.

Avalanche joined the rise following the development in the XRP case and approached $16, but there may be another factor triggering this surge!

AVAX's price can initiate its rise from the critical support range of $11.44 - $11.15. Investors are waiting for the breakout of the $13.68 level for the upward trend to continue.

Avax is currently moving near an important support level according to the latest technical analysis. If the price maintains the support level, there is potential for an upward movement, but a movement below the support level can strengthen the expectation of a decline.

There has been a 2-fold increase in the number of daily active users on the Avalanche (AVAX) network compared to last year, but the same performance is not seen in Avalanche's NFTs.

According to the daily technical chart of AVAX, it experiences both downward and upward movements by reaching certain resistance levels. It can initiate its upward movement from the mentioned support zone in the AVAX analysis.

Bitcoin's dominance has surged past 50%, hitting a two-year high and causing altcoin prices to suffer. Major coins like Ethereum, Ripple, Dogecoin, Avalanche, Solana, and Cardano have all experienced price drops due to the increasing dominance of Bitcoin. Regulatory actions from SEC and CTFC, as well as institutional investors stepping back from altcoins, have contributed to the rise in Bitcoin's dominance.

Following the SEC's lawsuit against Binance and Coinbase, Robinhood has decided to re-evaluate the cryptocurrencies it has listed.