Avalanche’s price has seen a modest recovery, trading at $21.07—up 2.05% from its recent lows. The market capitalization of AVAX has risen to over $8.2 billion, and its trading volume has surged by 30%, indicating growing investor interest and readiness for a potential price rally.
Key Factors Driving the Potential Surge
Historical Trends and Technical Analysis: Crypto analyst Kaleo has provided an optimistic outlook for AVAX, suggesting that the cryptocurrency could experience a substantial rally similar to its performance in 2021 when it peaked at $147.
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