Ethereum in cryptocurrencies in 2021 $2,325.70 Solana, who was known as the murderer, had another project. This project was Avalanche 
$24.20It was none other than (AVAX). AVAX price had made a great rise at that time, and it was seen that the price rose to $ 146 in a short time. With this rise, all investors’ eyes turned to AVAX and it remained in the top 10 for a long time. Later, the altcoin’s fall was as sharp as its rise. At the beginning of 2023, AVAX was seen to find buyers at single-digit prices. Today, investors have only one question in mind. Will AVAX rise again?
AVAX Comments
Although the AVAX price gained a strong upward momentum in 2024, it could not sustain it later and started to decline again. Despite the decline, it still continues to hold above $20 today, but is still 83% away from its ATH. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
Despite this, it would not be wrong to say that analysts are still optimistic about AVAX. In this context, it would not be wrong to say that the bullish X statements of two different analysts about the altcoin attracted the attention of market participants.
Commenting on X, Daniel Ramsey made a bullish statement and revealed his optimism and shared a chart.
Ramsey’s statements were as follows:
#AVAX/USDT Mid-Term Target
I expect further correction and will start accumulating $AVAX between the key levels of $16.40 & $22.
TP1 – $39
TP2 – $55.8
TP3 – $93.8
Another name to make a statement after Ramsey was The Moon. The Moon emphasized that the falling wedge formation that has been in place for about a year may be breaking.
#AVAX is ready to break out of this massive Falling Wedge that has been forming for almost a year!
Possible medium-term targets: $28, $33, $41.3 and $54.
How Many Dollars is AVAX?
Still 86% away from its ATH, AVAX is up 7% today, reaching $24.20. This move is part of a 9.70% move over the last 7 days. More importantly, even amidst the big drops, AVAX was up 11.30% over the last 30 days, which could be interpreted as a market move.
AVAX’s market volume reached $9.8 billion after the increase, placing it 12th in the market. On the other hand, the transaction volume increased by 36.40% and amounted to $271 million, which may indicate that the recent rise in BTC supported the market volatility.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
