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
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