NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

Avalanche Partners With Amazon, What’s Next For The Price?

anushsamal
anushsamal
1 year ago
2 mins read
Avalanche

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Avalanche and its dApp ecosystem shall now be supported by Amazon Web Services (AWS), which also comprises one-click node deployment through the AWS marketplace.

With this partnership with AWS, Ava Labs can help customers deploy custom offerings linked to over 100,000 partners spread across 150 countries.

Related Reading

Bitcoin Currently More Stable Than Gold, DXY, Nasdaq, Here’s What Could Happen Next

1 year ago

Technically, the Avalanche node operators can operate in AWS GovCloud for the FedRAMP compliance use case, which is an essential pre-requisite for many enterprises and governments.

This partnership will help scale blockchain adoption among many enterprises, government organizations, and other institutions.

Howard Wright, the VP and Global Head of startups at AWS, stated:

Looking forward, web3 and blockchain are inevitable. No one can call the time or date or quarter that it’s going to happen and it’ll be mainstream, but we’ve seen the cycles of growth before. The velocity of this one seems like it’s accelerating and we’re just excited to be a part of this.

Through the partnership, individuals will find it much easier to launch and manage nodes on Avalanche; additionally, it will strengthen and make the network more flexible for developers to work on. This new development has positively affected the altcoin’s price, but it is yet to be seen if the coin can sustain this price sentiment.

Avalanche Technical Analysis

Avalanche
Avalanche was priced at $14.40 on the one-day chart | Source: AVAXUSD on TradingView

The news of AWS being incorporated into the Avalanche ecosystem has instantly spiked investor interest. The daily chart of AVAX displays a 6.6% gain, which can be termed a rally.

This has made the coin break past the $13.60 resistance level, and now AVAX is valued at $14.40. It is yet to be seen if the coin manages to breach the $15 mark, acting as a resistance mark for the coin. A fall from the current price will bring the altcoin down to $13.70.

The Relative Strength Index was overbought, which means the asset was overvalued. The overvalued condition can be attributed to the newest development. Usually, once the asset is overbought, the price corrects itself.

Due to bullish sentiment, AVAX shot past the 20-Simple Moving Average line (SMA), indicating that buyers have been driving the price momentum in the market. Not just the 20-SMA, the altcoin was parked above the 50-SMA due to excessive demand.

Avalanche
Avalanche displayed buy signals on the one-day chart | Source: AVAXUSD on TradingView

The Moving Average Convergence Divergence suggests price momentum and a trend reversal. The indicator formed a few green histograms, which are buy signals for the coin. The most recent histogram increased in size, anticipating the rise in the price of the asset.

Investors could quickly take this as a signal for entry as the price would increase over the next few trading sessions before it started to retrace.

Related Reading

Polkadot

Polkadot Records New Achievements In Dev’t Activity, Pushes DOT Price Up

2 years ago

The Directional Movement Index reads the price direction, and it was bullish. The +DI line (blue) was above the -DI line (orange).

The Average Directional Index (red) was near 20 with a slight uptick, confirming that although the price witnessed a northbound movement, the price direction lacks substantial strength.

Featured Image From Unsplash, Charts From TradingView.com
Tweet123Share196ShareSend
anushsamal
anushsamal

anushsamal

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Solana_SOL_SOLUSD_Ethereum_ETH_ETHUSD_optimized

Solana Faces Ethereum Scam Woes as TD Sequential Hints at Bullish Breakout

Solana (SOL) is staging a potential comeback, rebounding 1% to $187.43 after triggering a TD Sequential buy signal at $178....

James Halver 5 hours ago
Bitcoin

Bitcoin Bull Market Is Over? Analyst Calls 50% Crash To $60,000

In a post shared on TradingView, crypto analyst Xanrox argues that the current bullish cycle is nearly over, pointing to...

Scott Matherson 9 hours ago
LetsBonk periima iniciatyvą iš Pump.fun

Nauja memų monetų paleidimo platforma nustumia Pump.fun į šalį – nauji 10x taikiniai Snorter Bot žetonui snaipinti

Nauja memų monetų paleidimo platforma pavadinimu LetsBonk pradėjo atitraukti dėmesį nuo Pump.fun, užfiksuodama daugiau žetonų paleidimų nuo liepos mėnesio. Platforma,...

Tomas Jankūnas 9 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

AI點名未來1000倍潛力幣:PENGU、TOKEN6900與MAXI進攻最佳山寨幣

Kelvin Lee 1 hour ago
Solana, Monero, SUI, pump.fun

‘Hated Rally’ Coming? Pump.Fun (PUMP) Soars 30% From Lows Amid Token Buybacks

Rubmar Garcia 2 hours ago

Best Wallet加入頂級WalletConnect認證平臺 全球加密採用加速

estherw 3 hours ago

Premium Sponsors

Press Releases

  • Snorter, Bitcoin Hyper i TOKEN6900 mogą pobić nowe rekordy w przyszłym tygodniu: Najlepsze altcoiny, które warto obserwować

    Snorter, Bitcoin Hyper i TOKEN6900 mogą pobić nowe...

    11 hours ago
  • Bitget Surges to 7.2% Global Derivatives Market Share...

    11 hours ago
  • Bitget Lists Rhea Finance (RHEA) for Spot Trading

    12 hours ago
  • BTC MINGING

    BTC MINGING: Earn Passive Income Daily with Zero Effort –...

    12 hours ago
  • Turn XRP Momentum into Daily Passive Income: Mine XRP...

    13 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.