Despite its price volatility, Avalanche (AVAX) continues to draw attention from both investors with prominent crypto analyst Rekt Capital advising buy on dips.
CoinCodex offers a bullish forecast for AVAX, predicting a potential surge to $180 for AVAX by the beginning of May 2024.
In March, Avalanche blockchain’s native cryptocurrency AVAX, witnessed some sort of volatility with the altcoin surging by a staggering 64% in the first half of 2024 and crossing $65 for the first time since May 2022. However, in the last two weeks of March, the AVAX price witnessed a pullback of 18.44%.
The fluctuations in AVAX’s price have garnered significant interest from both investors and market analysts. Notably, prominent crypto analyst Rekt Capital has cautioned against panic, suggesting that the recent downturn in the altcoin’s value could potentially offer advantageous opportunities for investors.
In his last week’s post on March 30, Rekt Capital stated that AVAX’s decline from the $65-$7

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