AVA Price Predictions Following Travala Demand Boom

2 years ago

Some cryptocurrencies are seemingly positioned for seasonal booms. One of specified integer assets is Travala AVA. The web down it is simply a question solution institution leveraging blockchain exertion to facilitate seamless operations. 

The crypto assemblage is presently amazed astatine the caller spike successful Travala’s autochthonal token, AVA. The coin terms skyrocketed connected August 24th pursuing the summation successful the request for Travala services, including flights, hotels, and accommodation bookings. 

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As a level wherever travelers tin grip their bookings with fiat and cryptocurrency, the request for Travala services increases erstwhile traveling activities skyrockets. That’s wherefore the AVA token jumped to $1.24, pushing its marketplace headdress supra $50 million. 

According to data, this existent terms is the highest AVA has climbed since the opening of August. It besides represents an 81% summation from its lowest terms successful July. 

The crypto token terms spiked pursuing the rebound successful traveling. The institution website shared an summation successful bookings, showing that users made 2,057 flights and 8,433 country bookings successful July. Also, the institution recorded a 47% summation successful gross and 6,568 caller Smart members.

Another origin that pushed AVA’s terms is the summation successful staking activities. According to existent data, Smart users person locked much than 16.7% of AVA circulating proviso to gain rewards. Also, Travelers made much crypto payments for their bookings than fiat currency. 

Analysts Predict Bearish AVA Price Trend 

AVA’s four-hour terms illustration shows that the token has maintained its bullish inclination for immoderate days. The play studied shows that AVA has grown from a $0.4570 debased terms successful June to $1.2490 connected August 24. 

The question indicates that AVA has crossed its 20-day and 50-day moving averages. In addition, the ascending trendline is present proven successful black, portion the Relative Strength Index (RSI) has moved beyond the overbought level. These movements bespeak an imminent downwards inclination for AVA terms arsenic sellers expect a caller enactment portion astatine $0.8487.

This forecast mightiness astonishment Travala users, fixed the caller AVA terms movement. However, investors expect much maturation arsenic the question manufacture rebounds. 

AVA’s terms presently stands astatine astir $0.8876. | Source: AVAUSD terms illustration from TradingView.com What’s So Unique About Travala?

Every crypto task emerges with a unsocial worth proposition. Travala is simply a blockchain-based level facilitating seamless transactions successful the question industry. Its level interface provides entree to much than 2.2 cardinal hotels and accommodations. The champion portion is that Travala users tin wage with crypto and not conscionable credit/debit cards.

AVA is the autochthonal token connected Travala.com based connected Ethereum (ERC-20), Binance Chain (BEP-2), and Binance Smart Chain (BEP-20). Travelers usage the token to wage for their flights, hotels, and accommodations to gain much rewards. 

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By paying with AVA, users gain a 3% discount connected full booking fees and a 2% giveback. The token besides serves arsenic the voting rights for users connected Travala and unlocks its impervious of question NFT program.  

Currently, Travala’s competitors see TripAdvisor, Priceline, and Expedia. 

Featured representation from Pixabay and illustration from TradingView.com
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