{"id":199829,"date":"2021-11-15T01:00:53","date_gmt":"2021-11-14T19:30:53","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=199829"},"modified":"2021-11-14T18:55:44","modified_gmt":"2021-11-14T13:25:44","slug":"if-avax-goes-past-100-it-will-hold-that-price-level-for","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/","title":{"rendered":"If AVAX goes past $100, it will hold that price level for…"},"content":{"rendered":"

The past few hours have been pretty intriguing for Avalanche. While large-cap coins like BTC and ETH pumped by under 1%, this alt went on to register double-digit gains in just 24 hours.<\/p>\n

In a first, AVAX also managed to cross the $99.9 mark a few hours back. Even so, it had fallen back to $97, at the time of writing. Such oscillations are quite common and it is just a matter of time before the $100-mark is breached.<\/p>\n

However, the question of importance right now is this – Will AVAX be able to sustain its high valuation over time?<\/p>\n

Some lingering question marks?<\/h4>\n

Well, AVAX’s recent surge has been devoid of volumes. In the past, whenever AVAX’s rallies haven’t been accompanied by high volumes, they’ve seldom been able to sustain themselves for long.<\/p>\n

According to data from Santiment, the aforementioned metric has seen spikes here and there of late. Alas, it hasn’t been able to hover anywhere close to 3 October’s billion levels.<\/p>\n

\"\"<\/a>
Source: Santiment<\/a><\/figcaption><\/figure>\n

Furthermore, the asset’s stock-to-flow ratio has been quite low, implying that more new supply is entering the market relative to the total supply. In theory, an asset with a low S2F finds it difficult to retain its value because more supply translates into lower scarcity and higher inflation.<\/p>\n

For context, Bitcoin’s<\/a> S2F had a value of 56.1 while its inflation remained as low as 1.78%, at the time of writing. Ethereum’s numbers were even better – Its S2F was as high as 184.37, owing to the burning of its tokens<\/a>\u00a0while its inflation remained well under 1% [0.54%, to be precise].<\/p>\n

Thus, when compared to the market’s top coins, it can be said that AVAX would find it challenging to sustain its price above $100.<\/p>\n

\"\"<\/a>
Source: Messari<\/a><\/figcaption><\/figure>\n

What’s more, the altcoin’s social sentiment – both dominance and volumes – hasn’t been that very high of late. At the time of writing, AVAX had a share<\/a> of only 1.6% in crypto-related social media circles. The number of mentions too was oscillating around low levels, at the time of writing.<\/p>\n

Fundamentals to the rescue?<\/h4>\n

Over the months, AVAX has made a lot of progress in the DeFi space. The ecosystem has facilitated a couple of Initial DEX Offers<\/a> of late. In effect, novel people have stepped into the AVAX ecosystem and the daily transaction count has made new\u00a0highs<\/a>.<\/p>\n

Further, the total-value-locked on the protocol has been inching higher. As such, the TVL is a technical metric that measures the cumulative amount of assets that are staked on a particular protocol. The higher the value locked up in a particular protocol, the better.<\/p>\n

At press time, this metric had surged to a fresh ATH and was seen revolving around $10.5 billion, at the time of writing.<\/p>\n

The aforementioned number was way higher than that of its peers, including Fantom [$5.52 billion] and Tron [$6.51 billion]. What this indicated was that people from the space have started preferring the Avalanche network over others.<\/p>\n

\"\"<\/a>
Source: DeFiLlama<\/a><\/figcaption><\/figure>\n

Additionally, AVAX’s developmental activity has recorded parabolic recovery<\/a> this month. By and large, the current state of this metric assures the community that the future of the Avalanche protocol is secure.<\/p>\n

Thus, in light of the pace of development activity and fundamentals, it can be contended that AVAX’s long-term prospects are in fairly good shape. However, keeping in mind the current sentiment and deficient momentum, it would be difficult for AVAX to hold onto $100 and beyond in the immediate future.<\/p>\n","protected":false},"excerpt":{"rendered":"

The past few hours have been pretty intriguing for Avalanche. While large-cap coins like BTC and ETH pumped by under 1%, this alt went on to register double-digit gains in just 24 hours. In a first, AVAX also managed to cross the $99.9 mark a few hours back. Even so, it had fallen back toContinue reading “If AVAX goes past $100, it will hold that price level for…”<\/span><\/a><\/p>\n","protected":false},"author":41,"featured_media":199836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-199829","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nIf AVAX goes past $100, it will hold that price level for... - AMBCrypto<\/title>\n<meta name=\"description\" content=\"In a first, AVAX also managed to cross the $99.9 mark a few hours back. Even so, it had fallen back to $97, at the time of...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"If AVAX goes past $100, it will hold that price level for... - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"The past few hours have been pretty intriguing for Avalanche. While large-cap coins like BTC and ETH pumped by under 1%, this alt went on to register\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-14T19:30:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/11\/Webp.net-resizeimage-1-4.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lavina Daryanani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/Lavina_Crypto\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lavina Daryanani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/if-avax-goes-past-100-it-will-hold-that-price-level-for\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/if-avax-goes-past-100-it-will-hold-that-price-level-for\\\/\"},\"author\":{\"name\":\"Lavina Daryanani\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/68a741629f40c0fd61fcea5e7486eae3\"},\"headline\":\"If AVAX goes past $100, it will hold that price level for…\",\"datePublished\":\"2021-11-14T19:30:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/if-avax-goes-past-100-it-will-hold-that-price-level-for\\\/\"},\"wordCount\":613,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/if-avax-goes-past-100-it-will-hold-that-price-level-for\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/Webp.net-resizeimage-1-4.png\",\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"http:\\\/\\\/ambcrypto.com\\\/if-avax-goes-past-100-it-will-hold-that-price-level-for\\\/#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/if-avax-goes-past-100-it-will-hold-that-price-level-for\\\/\",\"url\":\"http:\\\/\\\/ambcrypto.com\\\/if-avax-goes-past-100-it-will-hold-that-price-level-for\\\/\",\"name\":\"If AVAX goes past $100, it will hold that price level for... - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/if-avax-goes-past-100-it-will-hold-that-price-level-for\\\/#primaryimage\"},\"image\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/if-avax-goes-past-100-it-will-hold-that-price-level-for\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/Webp.net-resizeimage-1-4.png\",\"datePublished\":\"2021-11-14T19:30:53+00:00\",\"description\":\"In a first, AVAX also managed to cross the $99.9 mark a few hours back. Even so, it had fallen back to $97, at the time of...\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\\\/\\\/ambcrypto.com\\\/if-avax-goes-past-100-it-will-hold-that-price-level-for\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/if-avax-goes-past-100-it-will-hold-that-price-level-for\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/Webp.net-resizeimage-1-4.png\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/Webp.net-resizeimage-1-4.png\",\"width\":1200,\"height\":900,\"caption\":\"If AVAX goes past $100, it will hold that price level for...\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/68a741629f40c0fd61fcea5e7486eae3\",\"name\":\"Lavina Daryanani\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/Lavina-150x150.png\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/Lavina-150x150.png\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/Lavina-150x150.png\",\"caption\":\"Lavina Daryanani\"},\"description\":\"With a keen eye on the Indian economic ecosystem, Lavina Daryanani's writing predominantly revolves around crypto-happenings in the Asian markets. She has a strong background in journalism and a personal inclination towards business and financial reporting.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/lavina-daryanani-5b87801a0\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/Lavina_Crypto\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/lavina-daryanani\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"If AVAX goes past $100, it will hold that price level for... - AMBCrypto","description":"In a first, AVAX also managed to cross the $99.9 mark a few hours back. Even so, it had fallen back to $97, at the time of...","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/","og_locale":"en_US","og_type":"article","og_title":"If AVAX goes past $100, it will hold that price level for... - AMBCrypto","og_description":"The past few hours have been pretty intriguing for Avalanche. While large-cap coins like BTC and ETH pumped by under 1%, this alt went on to register","og_url":"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2021-11-14T19:30:53+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/11\/Webp.net-resizeimage-1-4.png","type":"image\/png"}],"author":"Lavina Daryanani","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/Lavina_Crypto","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Lavina Daryanani","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/#article","isPartOf":{"@id":"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/"},"author":{"name":"Lavina Daryanani","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/68a741629f40c0fd61fcea5e7486eae3"},"headline":"If AVAX goes past $100, it will hold that price level for…","datePublished":"2021-11-14T19:30:53+00:00","mainEntityOfPage":{"@id":"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/"},"wordCount":613,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/11\/Webp.net-resizeimage-1-4.png","articleSection":["Altcoin","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/#respond"]}],"copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/","url":"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/","name":"If AVAX goes past $100, it will hold that price level for... - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/#primaryimage"},"image":{"@id":"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/11\/Webp.net-resizeimage-1-4.png","datePublished":"2021-11-14T19:30:53+00:00","description":"In a first, AVAX also managed to cross the $99.9 mark a few hours back. Even so, it had fallen back to $97, at the time of...","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/ambcrypto.com\/if-avax-goes-past-100-it-will-hold-that-price-level-for\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/11\/Webp.net-resizeimage-1-4.png","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/11\/Webp.net-resizeimage-1-4.png","width":1200,"height":900,"caption":"If AVAX goes past $100, it will hold that price level for..."},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/68a741629f40c0fd61fcea5e7486eae3","name":"Lavina Daryanani","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/Lavina-150x150.png","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/Lavina-150x150.png","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/Lavina-150x150.png","caption":"Lavina Daryanani"},"description":"With a keen eye on the Indian economic ecosystem, Lavina Daryanani's writing predominantly revolves around crypto-happenings in the Asian markets. She has a strong background in journalism and a personal inclination towards business and financial reporting.","sameAs":["https:\/\/www.linkedin.com\/in\/lavina-daryanani-5b87801a0\/","https:\/\/x.com\/https:\/\/twitter.com\/Lavina_Crypto"],"url":"https:\/\/ambcrypto.com\/author\/lavina-daryanani\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/199829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=199829"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/199829\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/199836"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=199829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=199829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=199829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}