đš Avalanche ($AVAX ) Price Analysis: $440 Is a Dream, but $160 Is a Reality! đš
As AVAX consolidates after a long downtrend, it's trading within a key Fibonacci zone (~$23), showing signs of a potential bullish reversal. đ With strong support in the $20-$30 range, traders are eyeing the first target at $74. If the trend continues, we could see AVAX climb toward $110 and even $165! đ„
A breakout above $34 would confirm the uptrend, with short-term targets in the $62-$74 range. However, if AVAX breaks below the crucial 0.786 Fib level (~$23), it could fall to $16, $11, or even $8. đ
đĄ Can an AVAX ETF Ignite a Rally? If an Avalanche ETF gets approved, AVAX could see a significant price boost! Historical ETF approvals suggest targets ranging from $160 to an optimistic $440. đ
Stay sharp, tradersâthe Avalanche might be about to surge! đ
