Avalanche (AVAX) is poised for a potential breakout as its price stabilizes above $20, according to analyst Razz3E. Currently trading at approximately $20.24, AVAX has formed higher lows, indicating a possible upward trend. The analyst suggests that the token could rally sharply towards $50, drawing parallels to past consolidation patterns that led to significant recoveries in 2021 and 2023. This setup suggests that AVAX may be nearing the end of its consolidation phase, potentially leading to aggressive price movements.
Avalanche (AVAX) Eyes $50 Target Amid Consolidation
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