NewsletterAvalanche Price Nears 60% Jump Ahead of Granite Upgrade as AVAX Burn Rate Jumps
Highlights
- Avalanche price has formed a triple bottom pattern on the daily chart.
- The coin will benefit from the upcoming Granite upgrade.
- The AVAX burn rate has continued rising in the past few months.
Avalanche price crashed to a crucial support level this week as the recent crypto market plunge accelerated. AVAX was trading at $16.70 today, Nov. 7, down sharply from the October high of $36. Technicals suggest that a rebound is possible as the burn rate jumps ahead of the Granite Upgrade.
Frequently Asked Questions (FAQs)
1. What is the most likely Avalanche price forecast?
2. What are the likely AVAX price catalysts?
3. How high can the AVAX price get?
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