Avalanche Slides to $11.83 While Investors Explore Banking-Focused Alternatives

Source: Coindoo Original Title: Best Crypto Presale 2026: Avalanche Dips To $11.83 as Liquidity Thins and Digitap ($TAP) Takes The Lead In The Banking Rotation Original Link:

Avalanche Hits Two-Year Low as Institutions Jump Ship

After sustained selling pressure throughout the month, Avalanche’s price fell to $11.83 this week, marking its lowest price in over two years. This is a far cry from its September high of $36, showing how institutions and whales exiting the asset caused a similar pullback among retail investors.

After the October crash, $14.90 was considered Avalanche’s major support level. This level had been tested but never breached multiple times earlier in the year. Technical analysis now suggests the price could fall to $10, the next major support level.

Looking at the technical indicators, downside risk is still high. The asset is currently trading below all moving averages, pointing to consistent selling pressure. The RSI has also fallen to the mid-30s from a neutral 50 in just a few days, signalling downward momentum. What this effectively means is that, barring a new catalyst, Avalanche could slowly fall to around $10 before buying pressure materializes near the $10 mark.

However, it’s not all bad news for Avalanche enthusiasts. Stablecoin activity on the network remains relatively high. Stablecoin volume rose by 76% over the last month. While it is still down from its all-time high, it shows that community trust around the project has not completely evaporated.

Avalanche Breaks Higher After Intraday Reversal

Over the past 24 hours, Avalanche (AVAX) has shown a strong recovery after an early sell-off, rebounding from the $11.30–$11.40 support zone and establishing a clear intraday uptrend. The chart highlights a higher-low formation followed by a decisive breakout above the $12.00 resistance, signaling renewed bullish momentum.

AVAX is currently trading around $12.21, with price consolidating near session highs, suggesting buyers remain in control. If the $12.00 level holds as support, the structure favors continuation toward the $12.50 area, while a drop below $11.80 would weaken the short-term bullish setup.

Investors Look to Dodge the Crash with Digitap – The World’s First Omnibank

With Avalanche and most other major coins struggling, investors have begun to look elsewhere for portfolio protection. Digitap has emerged as an alternative due to its focus on merging crypto and traditional banking through its multi-rail architecture.

Digitap’s goal is to offer a complete, borderless banking experience that focuses on freedom, privacy, and utility. With Digitap, users can access all of the following:

• A multi-rail wallet and an offshore bank account that can be used to send money anywhere in the world
• A Visa card that can be used to spend crypto at 150 million locations worldwide
• Instant conversions of crypto to fiat and vice versa with a transparent fee structure
• Special features for businesses, such as invoice and payroll processing
• Ability for customers to choose the level of privacy and how much data is shared with multiple plans offering different features and requirements

Digitap operates on a ‘utility first, cryptocurrency second’ model. With an already functional app that is generating revenue, the project incorporates built-in deflationary mechanisms that create constant upward pressure on the coin’s price. The coin has a limited supply fixed at 2 billion tokens, and the team uses 50% of its profits to buy and burn tokens, thereby reducing supply.

Digitap’s Christmas Promotion Drives Presale Activity

Following a successful Black Friday promotion, Digitap is offering 12 days of Christmas holiday drops. Investors will have 24 offers over 12 days to claim special rewards. There will be a new offer every 12 hours, with the 3 days around Christmas offering a mega offer at the end.

Rewards range from substantial token bonuses to free premium and pro accounts. Some of these offers will only be available to the first few users who manage to claim them.