Captured By Tracy D'souza / 8:56 am on 12 December 2023
Avalanche [AVAX] has been one of the best-performing large-cap altcoins in December. In fact, it gained by just over 62% this month before the recent plunge to $32. The move past the long-term resistance and psychological round number at $30 was a sign of intent from the crypto’s buyers. A recent AMBCrypto report noted that a significant portion of AVAX holders were in profit. The market sentiment was also reported to be firmly bullish, a fact that remains true today.
