AVAX displays promising uptrend potential, rebounding bullishly from the $28 mark.
The breakout from Avalanche's cup and handle pattern's neckline resistance signals a shift in market dynamics.
$AVAX surges by 14% post a strategic announcement from Binance, elevating market sentiment.
Weekly charts showcase a rounding bottom reversal in AVAX's price movement.
Notably, $AVAX witnesses a 60.00% increase over the past seven days and a 62.50% rise over the last 30 days.
March 18, 2024, witnesses AVAX breaching the $62 mark, marking its highest level since the May 2022 TerraUST crash.
Following this bullish breakout, AVAX aims for the 78.60% Fibonacci level at $103.
Bulls may encounter short-term resistance around $65, but a decisive break above suggests a potential rally towards $75.
According to CoingabbarPrice Analysis, #Avalanche Price Prediction 2030 suggests an expected price of $300.
KEY LEVELS :
RESISTANCE LEVEL : $70.00-$82.00
SUPPORT LEVEL : $55.00-$45.00
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
Also read: MEME.AI Prediction: Is the Market Rally Poised to Blossom
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Copyright © 2025 Coin Gabbar. All Rights Reserved.
