Avalanche On The Verge: Will AVAX Break Out And Reach $65?
Avalanche (AVAX), the smart contracts platform known for its fast transaction speeds, is stirring excitement in the crypto world. With a recent price dip seemingly nearing its end, analysts are eyeing a potential breakout that could propel AVAX to new highs. However, amidst the bullish whispers, experts advise a dose of cautious optimism before investors jump on the bandwagon. Related Reading 36% Explosion! ENS Coin Steals The Spotlight In The Crypto Market 22 hours ago A Consolidation Phase Hints At Breakout Potential The current price movement of AVAX has analysts glued to their charts. The coin is consolidating within a falling wedge pattern, a technical indicator that often precedes a bullish breakout. This consolidation suggests a healthy correction after a previous downtrend, explains prominent crypto analyst Worlds Of Charts. $Av