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Avalanche Hits $8 Resistance as Analysts Eye $10.60 Target

Guavy AI Editorial Team
Instruments
AVAX
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Avalanche (AVAX) is currently testing its critical resistance area around $8. According to analysts, if this level is breached, AVAX could reach a target price of $10.60.

The current support range for AVAX is between $7.10 and $7.20. If this range holds, it may strengthen the chances of a rebound scenario.

Avalanche's locked value on its network has reached $480 million, while the total stablecoin supply has exceeded $1.35 billion.

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