Travala (AVA) Project Overview + Chart Analysis

11 Ağu 2020

About Travala.com

Founded in 2017, Travala.com claims to be the leading blockchain-based travel booking platform offering over 2,000,000 hotels and accommodations in 230 countries with cheaper prices than mainstream travel booking platforms.

As the native cryptocurrency of Travala.com, AVA is a Binance Chain-based token that can be used for payments, givebacks, loyalty rewards, activating discounts, a store of value and several other use cases.

Their team comprises individuals from the travel, FinTech, and blockchain industry. Travala.com’s vision is to align travel booking with the ethos of decentralized technology, promote accessibility, offer censorship-resistant and peer-to-peer transactions, and build open-source technology for the travel industry.

Source: Coinmarketcap.com
Website: Travala.com
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This one looks like a great project and has also been added recently to Binance.

The growth on this chart is amazing and signals of a retrace are starting to show.

We can see a bearish divergence with the RSI and a bearish cross on the MACD... See it below:

This can signal prices moving lower.

I've marked the most important Fib. support levels for your convenience.

Namaste.