Avalanche

<ul><li>Avalanche&#39;s (AVAX) price has seen a remarkable 236% increase since the market&#39;s bullish turn, indicating strong investor confidence.</li><li>The altcoin is now at a pivotal point, facing a crucial supply barrier between $26.00 and $29.00, which could determine its next move.</li><li>A decisive break above the $28.00 midline might signal a continuation of the upward trend, with potential targets above $30.00.</li></ul>Avalanche is currently exhibiting a bullish stance, as evidenced by its recent technical patterns. The digital asset has <a href="https://cryptotale.org/analyst-avax-eyes-crucial-23-00-level-for-bullish-momentum/" rel="noopener noreferrer nofollow">experienced</a> a substantial 236% increase in value since the market&#39;s bullish shift, showcasing significant momentum. However, it&#39;s approaching a critical juncture as it encounters a major supply barrier that ranges from $26.00 to $29.00.The altcoin&#39;s price has been on an <a href="https://cryptotale.org/avax-price-surges-by-6-in-24-hours-reflecting-ecosystem-strength/" rel="noopener noreferrer nofollow">upward</a> trajectory since mid-November, with bullish sentiment continuing to drive its value. As of writing, AVAX is hovering around <a href="https://coinmarketcap.com/currencies/avalanche/" rel="noopener noreferrer nofollow">$27.47</a>, with a gain of 4.05% in the last 24 hours. This surge has raised hopes of a potential breakout as analysts and traders closely monitor the cryptocurrency&#39;s performance. The current market capitalization of AVAX stands at $5.36 billion, ranking it 11th among the top 100 cryptocurrencies by market cap.This supply zone is crucial for AVAX&#39;s future price trajectory. If buying pressure intensifies and the price surpasses current levels, particularly the midline of the supply zone at $26.00, it could confirm a continuation of the bullish trend. This scenario would open the door for further advances, potentially breaching the psychologically significant $30.00 mark and aiming for the $32.00 resistance level.Read full article a<a href="https://cryptotale.org/avax-targets-major-gains-eyes-40-mark-amid-bullish-momentum/" rel="noopener noreferrer nofollow">t CryptoTale.</a>

AVAX Targets Major Gains, Eyes $40 Mark Amid Bullish Momentum

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