Popular cryptocurrency analyst Smart Contracter, Avalanche (AVAX) made ambitious statements about it. Addressing his 204,879 followers on Twitter, the analyst said that AVAX’s bitcoin (BTC) and Ethereum(ETH) to reach an all-time high.
Analyst ranks Avalanche (AVAX) among the top 20 crypto assets by market cap a new recordHe shared a tweet that he said could be the first crypto-asset to reach the U.S.:
avax is the best performer by a mile in the top 20 over the last week. https://t.co/rAq46Oz2rk
— Bluntz (@SmartContracter) February 16, 2022
Avalanche, as it is known, is a smart contract-enabled Blockchain focused on speed and low-cost transactions.
Avalanche is currently trading at $92.04, down nearly 35% after hitting an all-time high in November 2021.
Earlier this month, AVAX’s latest downtrend Elliott Wave theorySmart Contracter, who said that it continued its course after three fluctuating corrective movements based on the
“I really like AVAX when it comes to altcoins.” said the analyst, in a tweet he shared earlier this month:
“Not only did it have a very strong reaction from a very large 0.618 level, it was also a 3-wave corrective ABC pattern moving down from the highs. I expect this to be better than many altcoins, potentially even better than their all-time high.” he said.
*Not Investment Advice.