Avalanche Price Prediction: Is AVAX Ready to Break the $100

18-03-2024 By: Lokesh Gupta
Avalanche Price Prediction: Is AVAX Ready to Break the $100

Avalanche Price Prediction 2025 suggests an price of $150

  • 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.

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