Avalanche (AVAX) is ready for a rally: The famous analyst commented.

Avalanche ($AVAX ) has broken through a significant resistance level, increasing by over 20 percent in the last 24 hours. This rapid rise has revived rally expectations among analysts and investors. Now, all eyes are on whether AVAX will test $ 50 in the coming days. Breaking this level could ignite a new bull run in the parity.

Crypto analyst Kaleo stated that a major rally could be triggered if AVAX exceeds $ 50. Kaleo stated that this psychological and technical level needs to be broken with volume for the rise. This break could carry the price to the $ 50 band.

Avalanche's recent performance is in line with the crypto market entering a bull cycle. If #AVAX can hold on to current levels, it has the potential to continue its uptrend. However, the possibility that it may face selling pressure in the $ 50 band should not be ignored.

#Avalanche appears to be on the verge of a major rally, following a similar pattern to the last bull cycle. The price has broken through resistance levels strongly and is currently just 15% away from the $50 level. This level is attracting the attention of both traders and analysts, and breaking above it could be the start of an aggressive rally.

Kaleo also noted a similar bullish pattern in his analysis of the AVAX/BTC pair. The analyst predicts that $AVAX could quickly reach $100 if the momentum continues.