Avalanche (AVAX) Eyes $37 Breakout—Here’s the Key Level to Watch
Avalanche’s native token AVAX is flirting with a make-or-break resistance level—clear it, and the path to $37 opens wide. Traders are stacking bids, but the market’s memory is fickle. Remember: in crypto, ‘support’ is just resistance that hasn’t failed yet.
Why $37 matters: It’s not just a psychological round number. A clean breakout here could trigger algorithmic buying, squeezing shorts and fueling FOMO among retail bag-holders. The charts whisper ‘bullish,’ but the order books scream ‘prove it.’
Watch the volume: Thin liquidity means AVAX could either rocket or get smacked down by whale games. Typical crypto—either life-changing gains or a masterclass in pain. Meanwhile, Bitcoin maximalists are muttering about ‘altseason cope’ into their overpriced NFTs.
The price of Avalanche (AVAX) has displayed notable volatility in the last 24 hours, with significant movements that suggest the possibility of a bullish trend. Following the weakness that was recorded earlier this day, AVAX surged momentarily to record... Read More
