đŽ$AVAX is Ready to Move Another 100% đŽ
Avalanche (AVAX) has seen substantial price swings lately. Inmortal, a top crypto asset researcher, has highlighted connections between AVAX and Solana (SOL) trajectories, showing that AVAX is mimicking SOLâs historical pricing pattern. Both AVAX and SOL experienced similar patterns of decline followed by strong rebounds. Currently, AVAX is testing a key resistance level around $42.50, mirroring SOLâs resistance at approximately $180.
If AVAX can break through the $42.50 barrier, it could suggest the continuation of the positive trend, potentially propelling AVAX to unprecedented heights. At press time, AVAX is one of the top-performing altcoins, with a price of $31.97 and a daily trading volume of $968,011,313, representing a 10.89% increase in the last 24 hours and an 18.42% increase over the past week1. This performance highlights positive market sentiment and investor confidence in AVAX.
Inmortalâs analysis underscores a bullish outlook for AVAX based on its historical correlation with SOL. Traders and investors should closely monitor resistance levels and volume indicators to confirm this bullish trendâs continuation
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