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**AVAX Price Prediction: Targeting $28-30 Range Within 2 Weeks as Technical Momentum Builds**
The crypto market continues to showcase robust performance, with Avalanche (AVAX) taking center stage. In a significant shift from previous bearish sentiment, the token has started displaying remarkable resilience and potential for further upside movement.
**Key Takeaways**
* AVAX price prediction: targeting $28-30 range within 2 weeks as technical momentum builds.
* Short-term target: $26.50-27.50 (+7-11% daily gain) within one week.
* Medium-term forecast: $28-30 over the next month.
**Technical Analysis and Outlook**
In a stark contrast to previous bearish sentiment, Avalanche (AVAX) has transformed its technical outlook in recent days. The chart is showing encouraging signs of sustainable growth, fueled by robust momentum indicators. Our analysis reveals a critical short-term bullish opportunity, with AVAX poised for significant gains within the next week.
The current positioning above all major moving averages – SMA 20 ($23.44) and SMA 50 ($21.71) – suggests sustained upward movement in the medium term. The RSI (Relative Strength Index) currently reads 57.91, placing it in a neutral zone with plenty of room for upside momentum before reaching overbought levels.
**AVAX Price Prediction Summary**
* Short-term AVAX price prediction: $26.50-27.50 (+7-11% daily gain) within one week.
* Medium-term forecast: A higher high at $28-30, potentially achievable within the next month.
It is essential to keep a close eye on key resistance levels and RSI readings as the price approaches the decision point at $27.38. Failure to break above this mark may prompt a minor retest of the current range or, if not held, could lead to further losses down to the lower Bollinger Band ($20.70).
**Conclusion**
Our comprehensive analysis supports a bullish AVAX price prediction with targets of $26.50-27.50 within one week and $28-30 over the next month. It is crucial for traders to monitor key indicators, including RSI readings and MACD histogram expansion, to confirm or invalidate this forecast.
For now, it seems that Avalanche’s resilience has created a clear case for upward price action, with the possibility of reaching the upper Bollinger Band ($26.17) in the near term.
Source: Blockchain.News
