📈LONG: $AVAX (1W)

#AVAXUSD | #AVAX | #Avalanche

Current Price $41.99

Market Cap $17.21B

Change 1h -0.66% | 24h -3.70%

Weekly Indicators:

• RSI: 63 - Neutral 🟠

• MACD: 1.64 - Bullish 🟢

• EMA: 30 - Trading Above 🟢

Analysis: AVAXUSD is showing bullish potential on the weekly chart. After hitting local highs in March and November 2024, it's likely to bounce from current support levels. This setup suggests a promising entry for long positions!

Price Targets: Look for a move towards $58.66 as the first target. Should momentum continue, a further push to around $98.25 could be on the horizon. Keep an eye on these levels!

Avalanche's community