Avalanche price reaches $18.5

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After Avalanche announced a deal with Amazon, AVAX has surged. After a decrease of 4.49% in the last 24 hours, Avalanche price is at $17.48. Could this be the end of its momentum or can AVAX go x10?

The cryptocurrency market has been doing well lately, for example Bitcoin price and Ethereum price have also increased. AVAX seems to be chasing the two major cryptocurrencies, so it is definitely interesting to watch Avalanche if the price turns bullish.

Ava Labs, the team behind Avalanche and the AVAX token, has indicated that Amazon will help “deliver scalable blockchain solutions to businesses and governments”.

As a result, the AVAX price has increased by up to 40% since that day. By keeping an eye on announcements like this, as well as paying attention to the market, we can get a feel for what the Avalanche price can do.

Avalanche (AVAX) Price Technical Analysis and Price Prediction

AVAX’s 20-day exponential moving average (EMA) is at $15.73, the 50-day EMA is at $14.41, and the 100-day EMA is at $15.09. As AVAX is above these averages, sentiment for the cryptocurrency is bullish in the short term. The next target is to break above the 200-day EMA at $20.46.

The Relative Strength Index (RSI) is still hovering around 70, indicating that the cryptocurrency is overbought and the price may consolidate around its current level.

Moving Average Convergence Divergence (MACD) is around 0.20; indicates waning momentum but still points to positive progress.

Trading volume is around 2.1 million, which is lower than the average of 3.8 million, which means buying pressure is lower than usual.

Resistance for Avalanche is between $19.61 and $19.75, and AVAX can find support between $16.70 and $16.87. If AVAX breaks below this support line, it may find support again around $15.75.

The technical indicators mainly indicate that the AVAX price is currently bullish but may undergo a correction in the short term. Traders should keep a close eye on the RSI, MACD, volume and price to determine the next move for the Avalanche price.

Note: only invest with money you can afford to lose and store your crypto coins in a trusted wallet for added security.

Alternative cryptocurrencies to buy besides Avalanche

Avalanche (AVAX) is currently a good investment, but there are alternative cryptocurrencies on the market that can also be interesting and can provide more profit. It is very important to divide your portfolio and compare options so that you reduce the risk and increase the chance of more profit. Some of the best altcoins to investigate right now are MEMAG, FGHT, RIA and TAMA.

Meta Masters Guild (MEMAG): A promising alternative to Avalanche (AVAX)

One of the best alternatives to Avalanche right now is the MEMAG token from the Meta Masters Guild, a revolutionary gaming guild that aims to change the future of gaming by engaging players and letting them manage their own assets. The team’s mission is to create a sustainable universe for gamers all over the world, where they are encouraged to be part of the community.

The Meta Masters Guild ecosystem is built to reward players with MEMAG and in-game assets for their contribution to the ecosystem. In addition, players can earn gems by playing, which they can exchange for digital items or MEMAG tokens, which they can sell for cash. In this way, the project hopes to give players power over their own in-game purchases.

The team wants to create a fair and fun atmosphere for every player, while involving everyone in the ecosystem. The first game, Meta Kart Racers, is made for mobile and can be played in PvP and single player mode. The team is also working on creating new crypto games.

Investors are very excited about the project, for example, the presale of the MEMAG token has already raised more than $1.3 million while it only went live this month.

Fight Out (FGHT): Higher potential payoff than Avalanche

Fight Out is a brand new app and fitness chain that will use blockchain to make sports and fitness even more fun. The move-to-earn project is created by an experienced and professional team verified by CoinSniper. The team has professional partners as ambassadors for the platform who will provide content to the community, and you can earn REPS tokens by completing exercises such as boxing, weightlifting and yoga.

Fight Out plans to become one of the top sports brands with the help of the convenient app and gyms around the world with Web3 technology. Including ‘mirrors’ that show the users’ digital profile and sensors that track movements and provide feedback. Amanda Ribas, Taila Santos from the UFC, are 2 of the platform’s ambassadors.

With a strong team and many investors, Fight Out can be a great success this year. To encourage investors, you can get up to 50% extra FGHT tokens with your purchase. Fight Out has already raised more than $3.4 million since the presale began in December.

Calvaria (RIA): A Web3 Gaming alternative to Avalanche

For investors looking for an impressive Web3 game, Calvaria is a good choice. Calvaria, a new NFT battle card game, expects to be a big hit among strategy players. Players can build their own decks and build strategies to defeat opponents in an immersive mythical 3D world.

Calvaria: Duels of Eternity is a very interesting option for fans of Gods Unchained, Splinterlands and other battle card games. In addition to the features that players love, it will also have a number of additional features, such as 3D graphics and the ability to play via Android and iOS. In addition, it is also possible to play solo and you do not need to invest to join the game.

When you win in Calvaria, you are rewarded with eRIA tokens that you can use to buy new cards or upgrade your current cards. With a wide selection of cards, you can be very creative in your strategies and exchange weaker cards for better ones.

To introduce more people to Web3, Calvaria can be played in a free version where you get a starting card and can keep track of how much eRIA you would have earned in the play-to-earn version.

The RIA presale is nearly sold out and has already raised more than $2.96 million. 4% of the tokens from this phase are still for sale and the pre-sale deadline is next week.

Tamadoge (TAMA) Smaller cryptocurrency with great potential

Tamadoge’s Web3 gaming platform offers an exciting play-to-earn experience in an arcade theme – allowing players to earn in the tamaverse. Tamadoge’s TAMA token has risen and is currently available on OKX, LBank, MEXC, BKEX and Coinsbit.

The TAMA token can be used for NFTs, which will increase your in-game stats in various arcade games.

The cryptocurrency market is gearing up for another bull run, and the new games and features from Tamadoge are expected to further increase TAMA’s value. TAMA’s 2022 presale raised $19 million in two months.

The Tamadoge arcade is now live in a closed beta, and when the full version goes live, TAMA could become one of the biggest meme coins in 2023.

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