Coinpedia Fintech News

 After several failed attempts, Avalanche (AVAX) has finally surged past the $20 mark , climbing 15% over the last 30 days . While this move brings fresh optimism to the market, technical indicators and on-chain data suggest that the path forward may not be smooth. Strong Breakout, But Momentum May Fade AVAX’s recent climb above $20 has excited many investors, with hopes that it could trigger a longer rally. However, the Awesome Oscillator (AO) —a key momentum indicator—is now flashing red bars, signaling that the bullish energy may be losing steam in the short term. Major Resistance Between $25 and $33 Currently trading around $22 as per coinpedia market data , AVAX is approaching a critical resistance zone. According to data from IntoTheBlock , a substantial number of holders bought their tokens between $25.46 and $32.68 , and are currently in the red . This area, home to around 1.3 million addresses holding 20.65 million AVAX , could act as a "sell wall" as these hol...

 Monero (XMR) has shocked the market by jumping more than 50% in just a day. However, this rally isn't driven by regular market excitement — it’s tied to an alleged Bitcoin theft and laundering operation. Monero's Surprise Rally Over the last 24 hours, Monero's price has skyrocketed by over 50%, reaching a daily high of $339. Trading volumes also exploded, touching $254 million — a staggering 380% increase compared to normal activity. While most other cryptocurrencies showed modest gains, Monero clearly stole the spotlight. Currently XMR price trading at $272.01 as per Coinpedia Market data. For a more detailed  XMR price prediction , check out our full analysis! What Triggered Monero’s Price Spike? On-chain security expert ZachXBT shared on X that the sudden surge wasn’t organic. Instead, it links back to a suspicious transfer of 3,520 Bitcoins (worth about $330 million) from a potential victim. Shortly after the transfer, the bad actors reportedly began launderi...