🚀 Avalanche (AVAX) Surges 35% in a Week!

AVAX is making waves in the crypto space with a 35% gain,

breaking past the crucial $30 resistance level. It’s now trading

around $31.49, signaling a potential shift from bearish to bullish momentum.

📈 Bullish Indicators for AVAX

AVAX surpassed the 200-day EMA, a key bullish signal.Analysts

predict a rally to $42.5 if it closes above $32.On-chain data

shows strong confidence: the Long/Short ratio is 1.40, with 58%

of top traders holding long positions.

🔍 Potential for More Gains?

Jason Yanowitz from Blockworks sees a major rally, comparing

current market conditions to AVAX’s explosive 2021 run. The

Avalanche Foundation’s recent buyback of 1.97 million AVAX

tokens has also boosted sentiment.

🏆 $AVAX vs. $SOL

Some experts believe AVAX could outperform Solana in the long

term, eyeing a potential $150 price target.

#Avax🔥🔥 #Altcoins👀🚀 #avalanche #Write2Earn! #Solana