Avax Price Prediction: Bulls Gear Up for a Price Rally

02-02-2024 By: Lokesh Gupta
Avax Price Prediction: Bulls Gear Up for a Price Rally

Avax Price Prediction 2025 is probably near $80

  • $AVAX found support at the 50% Fibonacci retracement level near $28.50, leading to a subsequent 27% price increase.

  • Following a bullish reversal, AVAX price successfully broke above the falling wedge pattern.

  • Reclaiming both the $33 mark and the 61.80% Fibonacci level, the #Avalanche price trend sparked a breakout rally in the daily chart.

  • The recent breakout and sustained position above a critical support level enhance the bullish trend potential.

  • Continued market recovery may drive AVAX price towards the significant $50 mark, especially with a breakout in the current pattern.

  • Conversely, a decline below $28 could prompt the Avalanche market price to revisit the breakout level at $24.

  • As per Coingabbar analysis, Avax #price prediction 2030 is approx $150

KEY LEVELS :

RESISTANCE LEVEL : $45.00-$70.00

SUPPORT LEVEL : $23.00-$9.00

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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