Has AVAX, which is among the most rising coins of the day with an increase of close to 10 percent, started its big rise?
Avalanche (AVAX), which shines again with the importance it gives to NFT and digital artists in the past weeks, has attracted attention with today’s price increase. AVAX, one of the leading names of major coins, has mobilized the Avalanche community with its rise in price. The continuation of the upward trend in the crypto market has facilitated this move of AVAX. The major coin, which is currently hovering around $ 20.80, can make big gains if it exceeds the next resistance. In addition, the Avalanche ecosystem, which has a large audience, seems to have increased its activity on social media.
AVAX Chart Analysis
After Bitcoin (BTC) surpassed $30,000, there has been a huge bullish wave, especially in major coins. Capturing a strong trend from its annual opening price, AVAX had reached the level of $ 20. The big rises that AVAX investors are eagerly waiting for may become even more critical in the $ 21.35 – $21.94 range. If this price range is exceeded, AVAX can rise to the levels of $ 23.66 – $ 26.30.
In the scenario where Ethereum loses strength and altcoins weaken, AVAX can be withdrawn to $ 19.33 – $ 18.22 – $ 16.00, respectively. The major coin, which has gained great momentum for now, has come to the fore again with the enthusiasm it has created.
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