โฝ๏ธ๐๐ฉ๐๐ซ ๐๐ฅ๐จ๐ฃ๐ง๐ฆ: ๐๐๐๐ ๐๐น๐ผ๐ฐ๐ธ๐ฐ๐ต๐ฎ๐ถ๐ป & ๐ฉ๐ฎ๐ป๐๐ฐ๐ธ ๐๐๐ป๐ฑ ๐๐๐ฒ๐น ๐ฅ๐๐ป ๐ง๐ผ๐๐ฎ๐ฟ๐ฑ $๐ฏ๐ฌ
โ Price Update:
Avalanche (AVAX) trades at $25.74, climbing steadily as bullish momentum returns. Now, all eyes are on the $30 psychological barrier.
โ Major Catalysts Driving the Rally:
โก FIFA x Avalanche:
Footballโs global body FIFA will build its own Layer-1 blockchain on Avalanche โ boosting credibility and global exposure.
โก VanEck Launches AVAX-Focused Fund:
Asset manager VanEck announced the PurposeBuilt Fund, set to launch in June 2025, investing in Avalanche-based tokens and real-world applications.
โAvalanche attracts smart builders... We believe in entrepreneurs delivering enduring value.โ
โ Pranav Kanade, VanEck Portfolio Manager
โ Technical Outlook:
โ Rebounded 13.5% from $20.99 weekly support
โ Broke above 50-day EMA ($22.21)
โ Now testing 200-day EMA near $25.83
If AVAX closes above $25.83, bulls may push toward:
โค $30 (short-term target)
โค $33.60 (extended breakout zone)
Bottom Line:
With major institutions backing it and price action heating up, AVAX is gaining serious traction. Keep your eyes on the $30 breakout zone!