🚨 Avalanche (
$AVAX ) Price Analysis: $440 Is a Dream, but $160 Is a Reality! 🚨
As AVAX consolidates after a long downtrend, it's trading within a key Fibonacci zone (~$23), showing signs of a potential bullish reversal. 📈 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! 🔥
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. 📉
💡 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. 🌟
Stay sharp, traders—the Avalanche might be about to surge! 🚀
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