AVALANCHE (AVAX) POISED FOR A SURGE TO $71?
Avalanche (AVAX) is catching bullish momentum, with experts eyeing a potential rally to $71.
Here’s the breakdown:
➢ Breakout & Resistance: AVAX recently cleared a key resistance zone at $24, shifting it to a demand zone. Watch out for resistance levels at $33 and $17.29.
➢ Technical Indicators: The daily chart shows a bullish structure with RSI favoring buyers, indicating strong momentum.
➢ Market Sentiment: Growing Open Interest and positive social media chatter suggest rising trader confidence in AVAX.
➢ Development Activity: Despite a slight dip in September, steady development points to ongoing growth in the Avalanche ecosystem.
Bottom Line: AVAX is showing bullish signs, and
a surge to $71 might just be on the horizon!
