Avalanche (AVAX) Seeks Support at Demand Zone Amid Rising Network Activity
Avalanche (AVAX) is currently trading at $6.55 with a market cap of $2.83 billion, and it's testing a long-term monthly demand zone.
The Boss, a crypto analyst, points to potential upside targets if support holds, including $9.15, $10.85, $14.48, $19.65, $22.78, and $29.97.
Active addresses on the Avalanche network have risen by 30% to near 119,600 daily users, indicating a rise in wallet activity and stronger usage of apps built on the platform.