📈 AVAX/USDT Spot Analysis (Binance)

Current Price: $25.82

Potential Resistance: $60 → $97 → $150+

🔰 Technical Analysis Highlights:

✅ AVAX has been trading in a support zone for a long time (green box).

✅ A strong Cup & Handle pattern is forming on the chart.

✅ A breakout is likely to move towards $60, then $97 and $150.

✅ Price is reorienting towards a long-term bullish trendline (as shown by the blue line).

📜 Key Takeaways from the Whitepaper:

AVAX is the native token of the Avalanche Network, which is the foundation of a high-performance, scalable and eco-friendly blockchain platform.

🔹 Subnet Architecture: Allows for the creation of separate chains to run customized blockchains.

🔹 4,500+ TPS (Transactions Per Second)

🔹 Finality Time Only ~1 Second

🤝 Important Partnerships and Expansions:

🔸 Ava Labs has partnered with Amazon Web Services (AWS) for a cloud-based subnet solution.

🔸 Working with Mastercard, Deloitte, and Chainlink on various projects.

🔸 Avalanche is one of the choices for GameFi and DeFi projects – such as: Shrapnel, Trader Joe, etc.

💎 Some of the platform’s advantages:

✅ Extreme scalability and user-friendly subnet.

✅ Instant finality, which is a big advantage in international payments.

✅ Green Blockchain – Extremely low energy consumption using Proof of Stake.

📌 Conclusion:

AVAX is currently trading at an extreme discount. There is a possibility of a price breakout from the current consolidation phase towards $60 → $97 → $150. DYOR!

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