Avak Tests Key Support Support Zone is a jump on the horizon?

After experiencing a trend in the last three months, the Lavina community now predicts a potential bullish reversal for Avax, which is guided by the development of ecosystems and increasing adoption.

In a recent k post, MARZELL trader told His 37.6k followers testing a key support zone between $ 15 and $ 20. He mentioned that if this support also holds AVAX weekly above $ 30, it could see a strong jump, potentially stroking $ 43.84. If it breaks into it, it could climb even taller to $ 58.06 and probably $ 80.03, Marzell added.

Meanwhile, the famous merchant Kaleo divided The chart suggesting that Avax was in the accumulation zone, forming a form similar to the one seen in November last year before jumping 125%. He called that similar rally could happen again, saying, “Something similar.”

According to Crypto.NEVS, from the afternoon 7. Marta (Asian path), Avak was traded approximately $ 8.64, with market capital exceeding $ 8.5 billion and a 24-hour trading volume of $ 538 million. The token remained 85.8% below its all times of $ 144.96, recorded 23. November 2021. years.

Despite a significant trend in the last three months, and its price drops almost 61% of the $ 54.16 reached 9. December last year, some development can help support Altcoina recovery.

More positive catalysts in the game

First, General Manager Avalanche Emin Gun Sirer hints to attend Summit for CRIPTO white houses Later today, sparking speculation that Avax could be involved in the nations Cripto Strategic plans for strategic reserves.

With Pro-Crypto Sentiment Gaining Traction Among Policymakers at The Summit, Investors Are Also Betting That Avax Could Benefit From Potential Government-Backed Initiatives-Particularly As It Aligns With Trump’s “Made In USA” Narrative, Given That New York-Headquartered Ava Labs Developed IT.

Second, the Lavina community is fixed to Bring Balancer v3 to the avalanche. Once integrated, this latest version of the decentralized automated market will introduce advanced liquidity tools and new Ecosystem Trading Strategies Defi. The proposal already set up to voice will end 11. March 2025. years.

Third, avalanches grows their presence in the realm of real world property tokenization. According to the defile, it is currently 7. the largest block of DEK volume, which rose over 18% to almost $ 1.345 billion during the past week.

Recently, Indian City adopted Avalanche’s BlockCain Tokenize over 700K Land entries, showing your real-world utility that has received the Community Avalanche well.

Meanwhile, serric data show that Avak’s weighted social feeling has turned and climbed from the beginning of the week, a sign that trust in the community is on the rise.

Avax price analysis

However, at the time of pressure, more technical indicators are blinking bear signals.

At the One-Day / USD, Chart Ack fell under the descent trend, he formed from 18. January, if he was not free from free bear.

The MACD and the signal line continue to move closely together as it remained below the price level, the signal that still passes through the consolidation period.

Furthermore, Arron indicator at 78.5% and Aroon increased by 0% confirms strong sales pressure, which signals the dominant trend.

Hence, avalanche (Avaq) likely to continue with a string without moving the current funds. When you write, 6.5% reduced during the past day, exchanging hands to $ 20.5 per coin.