Avalanche (AVAX) has been predicted to trade as high as $82.63 after making a 423 percent surge in the past three months.
According to analysts, the asset can go as low as $31 if bears manage to reject the price at the current position.
Avalanche (AVAX) has staged a 4% surge in the last 24 hours to trade at $46. According to market data, the asset currently has a bullish market sentiment with a score of 70/100 and a market cap of $17,075,619,110. Investors who opened a buying position a week ago have made a return of 18% on investment, while those who purchased the asset three months ago have seen a profit of 425.50%. In December alone, there has been a growth of 115%.
Currently, AVAX is targeting a critical resistance level at $50. Records show that the last time the asset reached this price height was in May 2022. To appreciate the current run better, it is worth noting that AVAX was trading at just $8.65 in October. On December 11, it recorded a yearly high price at $38 as
