Avalanche’s TVL increased and so did market dominance and active addresses. Demand from the derivatives market remained stable and indicators were bullish. AVAX Daily recently posted weekly highlights of the Avalanche ecosystem, revealing AVAX’s performance on several fronts during the last seven days. As per the data, Avalanche had a comfortable week with growth in […]
The daily chart of Avalanche revealed that the days could get even better for investors, as most of the market indicators were bullish.’s Money Flow Index was on a continued uptrend, which looked promising.
The Relative Strength Index was also above the neutral mark, suggesting a price increment in the coming days. However, the Bollinger Band suggested that AVAX’s price was in a less volatile zone, which can restrict its price from going up in the coming days.Subscribe to get it daily in your inbox.
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Volunteer's death spurs warnings that B.C.'s avalanche conditions are 'unforgiving'The avalanche deaths of two skiers in British Columbia's central Interior this month have prompted an emotional plea about this season's dangerous conditions from the head of a volunteer search and rescue team. Rick White, the chief of the Central Cariboo Search and Rescue team in Williams Lake, announced Thursday that one of the people killed in a slide on Potato Peak on Feb. 11 southwest of Williams Lake was a member of his team. Calling the member's death 'devastating,' Smith's statement highlighted the 'horrifically unforgiving' avalanche risks this season across the province. Nate Fochler, a ski guide in Revelstoke, B.C., said this year's snowpack has indeed created dangerous conditions in the backcountry, with spikes in freezing temperatures creating what's known as a 'deep persistent weak layer' of snow. 'The likelihood of triggering it is low, but the consequences would be very high if you did trigger it,' Fochler said. 'Industry wide, everyone's kind of trying to avoid the same kind of terrain.' Fochler said the snowpack this year is similar to that in B.C. in 2003, a particularly deadly year for avalanches after two slides within two weeks of each other claimed 14 lives near Revelstoke. The risks inherent in the backcountry can never be eliminated, only mitigated, Fochler said. 'Nature is bigger than us,' he said. 'Even guides with decades of experience still end up in bad situations.' Fochler said it's understandable that search and rescuers would warn people against going into the backcountry where avalanche risks always exist, but for guides like him, it's his livelihood. 'Even if it is dangerous, I still have to go do my job,' he said. 'In a perfect world, we would just not go ski when it's dangerous, but that's not always reasonable, so it's just a matter of mitigation and trying to deal with the hazards the best way that we can.' In a statement published in late January, Ryan Buhler with Avalanche Canada outlined concerns about upcoming weather condi
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Volunteer's death spurs warnings that B.C.'s avalanche conditions are 'unforgiving'VANCOUVER — The avalanche deaths of two skiers in British Columbia’s central Interior this month have prompted an emotional plea about this season’s dangerous conditions from the head of a volunteer search and rescue team.
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