Avalanche (AVAX) has surged over 8% from the low of $25.25 to the high of $27.38.
AVAX is targeting $30, signaling the potential for further gains upon breakthrough.
Amidst a backdrop of green across the global crypto market charts, Avalanche (AVAX) continues its upward momentum, breaching the $23.50 mark. The AVAX market sentiment remains positive amidst its push toward the $30.25 resistance level.
In the past 24 hours, AVAX has surged over 8.43%, reaching a high of $27.38 from a low of $25.25. It is currently trading at $26.86 with a market cap of $10.60 billion. However, AVAX’s daily trading volume declined by more than 28% to $294 million.
AVAX Eyes Breakthrough
Following a recent dip to a yearly low of $22.32 on July 5th, AVAX found strong support near $23.85, establishing a base above $25 before commencing its upward trend. The bullish momentum is underlined by AVAX’s price crossing above the 100-day simple moving average (SMA) on the 4-hour chart, suggesting pot
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