Cryptocurrency Avalanche Falls More Than 9% In 24 hours

Avalanche (CRYPTO: AVAX) The price fell 9.97% in the past 24 hours to $79.94, and continued its downtrend over the past week by -29.0%, moving from $112.87 to its current price.

The chart below compares the price action and volatility of the avalanche over the past 24 hours (left) with price action over the past week (right). The gray bars are Bollinger bands, which measure the volatility of both daily and weekly price movements. The wider the bands, or the greater the gray area at any given moment, the greater the volatility.

The volume of the coin decreased by 14.0% over the past week which is the opposite of the general trend of the coin being traded which increased by 0.38%. This brings the circulating supply to 244.07 million, which is 33.9% of the maximum supply of 720.00 million. According to our data, AVAX’s current market capitalization ranking is No. 11 at 19.53 billion.

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