Avalanche Hits a Wall, Chainlink Bulls Charge, But Traders Are Turning to Cold Wallet for Its 49x Upside and Privacy Focus!

The layer 1 blockchain space is seeing shifting trends, with Avalanche (AVAX) facing resistance after its recent surge, and Chainlink (LINK) showing strong signs of a potential breakout. These short-term market movements are drawing attention, but there's something more substantial brewing.

Cold Wallet ($CWT) is quietly capturing investor interest with its solid presale performance, driven by a clear roadmap and strong fundamentals. While the market focuses on quick price fluctuations, Cold Wallet stands out with its privacy-first design and real utility behind the $CWT token. As traders look beyond temporary rallies, Cold Wallet is emerging as a promising long-term player in the blockchain space.

AVAX Hits Resistance at $30 After Recent Surge

Avalanche (AVAX) recently saw a 15% price jump, pushing it above $20 for the first time in weeks. However, on-chain data reveals a major resistance zone between $25 and $32, with over 1.3 million addresses holding AVAX at a loss in this range, creating a potential sell wall.

While the short-term momentum looks promising, indicators like the Awesome Oscillator are showing signs of a slowdown, suggesting the rally may be running out of steam. At the time of writing, AVAX is trading around $22. For this rally to continue, Avalanche will need strong buying support, as it faces technical barriers despite remaining an active player in the layer 1 blockchain space.

Chainlink’s Bullish Trend Grows Stronger

Chainlink (LINK) has kicked off a new bullish trend, following a SuperTrend buy signal at $14.99. Positive technical patterns, including an inverse head and shoulders, are fueling optimism for further gains. With the RSI holding above key support levels, LINK’s price shows potential for more upside in the short term.

Experts are eyeing $16 as the next resistance point, with some projecting LINK could reach up to $70 by mid-2025. Market sentiment is shifting positively as LINK stabilizes above $15.30 and builds stronger support. 

While the technicals look promising, Chainlink’s price will still be influenced by broader market conditions and macroeconomic factors impacting layer 1 blockchain assets.

Cold Wallet’s Privacy-First Approach Leads the Way

While AVAX pushes against resistance levels and LINK shows upward momentum, Cold Wallet (CWT) is setting itself apart by tackling blockchain challenges in a unique way. Instead of focusing solely on transaction speed or scalability, Cold Wallet zeroes in on privacy, security, and real-world utility. 

Its innovative hybrid architecture allows users to stay always connected without compromising the cold storage-level protections typically reserved for offline systems.

What makes Cold Wallet stand out is its seamless fusion of social features with powerful crypto capabilities. With multi-chain support, it enables users to effortlessly send and receive across major blockchains, all within a single, user-friendly interface. The standout feature? Its chat-based system, sending crypto is as easy as sending a message, making it a truly social experience.

Privacy is at Cold Wallet’s core: no personal data or private keys are stored. Every transaction is recorded on-chain, keeping users in full control. With real-time market updates, live alerts, and sophisticated analytics, users are equipped with everything needed for smart, informed decisions. 

Early adopters can join an exclusive waitlist for priority access to new features. At just $0.0087 during its presale, Cold Wallet is positioned for a 4,900% ROI, promising massive potential for forward-thinking investors.

Looking Ahead 

Avalanche (AVAX) has recently become capped below $30, while price momentum starts waning. On-chain data offers some challenges ahead for AVAX, echoing some resistance at the rally. Meanwhile, Chainlink (LINK) seems to be gaining momentum, having broken solid support levels, initiating buy signals from a technical perspective that imply upward price action.

However, while these projects garner some short-term gaze, Cold Wallet (CWT) adds a wholly different perspective. This one moves away from short-term to long-term value creation under its privacy-first conception with Zero-Knowledge technology and application-oriented implementation of the $CWT token. With a road map and impressive results from presale, Cold Wallet is gearing up to take the reins at Layer 1 and bring real-world value beyond mere hype.

Explore Cold Wallet Now:

Presale: https://purchase.coldwallet.com/

Website: https://coldwallet.com/

X: https://x.com/ColdWalletToken

Telegram: https://t.me/ColdWalletTokenOfficial