Avalanche (AVAX) is currently priced at $49.74 with a market cap of $20.11 billion. 🚀 Although AVAX is facing resistance around $50, there is hope for an upward movement if the market supports. 📈
Since hitting a low of $2.79 in December 2020, AVAX has surged over 1735%! 🎉 Early investors have seen significant returns when the price peaked at $146.22 in November 2021. 💰
Technical analysis suggests that AVAX may experience a temporary pullback, but the bullish trend is still in place. 🔄 If AVAX can hold the $50 level, there is a chance to break through the resistances at $58, $60, and $62. 💪
Meanwhile, the AVAX/BTC pair is also showing a bullish trend, currently trading at 5132 SAT with a gain of 10.60% today. 📊 If AVAX can break through the 6000 SAT resistance level, we could see a bigger rally! 🎯
So, despite the challenges, $AVAX still shows promising potential for future growth! 🌟
