news 
Avalanche’s path to $150: Why analysts are bullish on AVAX’s next move
The recent surge in Avalanche (AVAX) has sparked significant interest in the cryptocurrency, with many analysts now predicting a potential rally to $150. While some may view this as an ambitious target, recent market developments have created a strong foundation for such a breakout.
Firstly, it is essential to examine the token’s performance over the past few months. In recent days, AVAX has demonstrated impressive resilience in the face of adversity, with its price climbing 1.82% to $43.30 within the last 24 hours. This level of stability is a testament to the strength of Avalanche’s fundamentals and growing institutional interest.
The token’s increasing popularity among whales and retail traders alike serves as another vital factor in this analysis. Recent data has revealed that Avalanche recorded a trading volume of $196.81 million in the past 24 hours, indicating robust liquidity and active participation from market participants.
Source: ambcrypto.com
