AVAX Eyes $30 Amid Rising Demand and Market Excitement
TL;DR Summary
Avalanche (AVAX) has seen a significant increase in short-term trader demand, suggesting a potential price rise to $30.05. Technical analysis indicates a possible breakout from a descending triangle pattern, supported by rising momentum as shown by the Relative Strength Index (RSI). Social dominance for AVAX has also surged, indicating increased discussions and interest in the token. However, the price target depends on maintaining support at $24.64 and avoiding renewed selling pressure.
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