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3 reasons why Avalanche (AVAX) price can double by March 2023

Avalanche (AVAX) has opened 2023 with a bang, rising nearly 55% in the first two weeks. And now, a mix of technical and fundamental indicators hints that the token will keep...
3 reasons why Avalanche (AVAX) price can double by March 2023 © Reuters.
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Avalanche (AVAX) has opened 2023 with a bang, rising nearly 55% in the first two weeks. And now, a mix of technical and fundamental indicators hints that the token will keep rallying into March.

The AVAX/USD pair appears to have been forming a falling wedge pattern since May 2022 and has now entered the breakout stage of this pattern.

AVAX/USD daily price chart featuring falling wedge setup. Source: TradingView
Cast your vote now!
JPMorgan (NYSE:JPM)'s game plan on CPI day. Source: Bloomberg
AVAX/USD three-day price chart. Source: TradingView

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08-02-2023 01:34:10 (UTC+7)

EUR/USD

1.0703

-0.0027 (-0.25%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

EUR/USD

1.0703

-0.0027 (-0.25%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

GBP/USD

1.1999

-0.0017 (-0.14%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

USD/JPY

131.26

-1.39 (-1.05%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

AUD/USD

0.6917

+0.0037 (+0.53%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

USD/CAD

1.3443

-0.0003 (-0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/JPY

140.51

-1.83 (-1.28%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

EUR/CHF

0.9894

-0.0066 (-0.66%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (4)

Gold Futures

1,881.70

+2.20 (+0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Silver Futures

22.117

-0.120 (-0.54%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Copper Futures

4.0440

+0.0090 (+0.22%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

Crude Oil WTI Futures

76.52

+2.41 (+3.25%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (10)

Brent Oil Futures

83.16

+2.17 (+2.68%)

Summary

↑ Sell

Moving Avg:

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Sell (10)

Indicators:

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Sell (10)

Natural Gas Futures

2.550

+0.093 (+3.79%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (5)

Sell (2)

US Coffee C Futures

177.10

+1.40 (+0.80%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

Sell (4)

Euro Stoxx 50

4,209.31

+3.86 (+0.09%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (1)

S&P 500

4,095.30

-15.78 (-0.38%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

DAX

15,320.88

-25.03 (-0.16%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

FTSE 100

7,864.71

+28.00 (+0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Hang Seng

21,298.70

+76.54 (+0.36%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

US Small Cap 2000

1,937.65

-17.15 (-0.88%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

IBEX 35

9,172.40

+13.20 (+0.14%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

BASF SE NA O.N.

52.950

0.000 (0.00%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (2)

Sell (8)

Bayer AG NA

58.95

+0.76 (+1.31%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (6)

Allianz SE VNA O.N.

219.40

+0.10 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Adidas AG

153.08

-2.28 (-1.47%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (0)

Sell (8)

Deutsche Lufthansa AG

9.653

-0.150 (-1.53%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

Siemens AG Class N

140.86

-2.10 (-1.47%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (2)

Deutsche Bank AG

11.530

+0.174 (+1.53%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (2)

    EUR/USD 1.0703 ↑ Sell  
    GBP/USD 1.1999 ↑ Sell  
    USD/JPY 131.26 ↑ Buy  
    AUD/USD 0.6917 ↑ Sell  
    USD/CAD 1.3443 ↑ Buy  
    EUR/JPY 140.51 ↑ Buy  
    EUR/CHF 0.9894 Sell  
    Gold 1,881.70 ↑ Sell  
    Silver 22.117 ↑ Sell  
    Copper 4.0440 ↑ Sell  
    Crude Oil WTI 76.52 ↑ Sell  
    Brent Oil 83.16 ↑ Sell  
    Natural Gas 2.550 Buy  
    US Coffee C 177.10 Neutral  
    Euro Stoxx 50 4,209.31 ↑ Buy  
    S&P 500 4,095.30 ↑ Sell  
    DAX 15,320.88 ↑ Buy  
    FTSE 100 7,864.71 ↑ Buy  
    Hang Seng 21,298.70 ↑ Sell  
    Small Cap 2000 1,937.65 ↑ Sell  
    IBEX 35 9,172.40 ↑ Buy  
    BASF 52.950 Neutral  
    Bayer 58.95 ↑ Sell  
    Allianz 219.40 ↑ Buy  
    Adidas 153.08 Neutral  
    Lufthansa 9.653 ↑ Buy  
    Siemens AG 140.86 Buy  
    Deutsche Bank AG 11.530 ↑ Buy  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,650/ 6,710
(0/ 0) # 1,344
SJC HCM6,655/ 6,735
(0/ 0) # 1,371
SJC Hanoi6,655/ 6,737
(0/ 0) # 1,373
SJC Danang6,655/ 6,737
(0/ 0) # 1,373
SJC Nhatrang6,655/ 6,737
(0/ 0) # 1,373
SJC Cantho6,655/ 6,737
(0/ 0) # 1,373
Cập nhật 08-02-2023 01:34:13
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,871.35 +3.05 0.16%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩm Vùng 1 Vùng 2
RON 95-V24.00024.480
RON 95-III23.14023.600
E5 RON 92-II22.32022.760
DO 0.05S22.52022.970
DO 0,001S-V24.28024.760
Dầu hỏa 2-K22.57023.020
ↂ Giá dầu thô thế giới
WTI $76.76 -1.99 -2.66%
Brent $83.23 -2.02 -2.49%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.420,0023.790,00
EUR24.663,7826.055,52
GBP27.653,4728.844,48
JPY174,04184,33
KRW16,1919,73
Cập nhật lúc 18:50:03 07/02/2023
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