Technical analysis by MadWhale about Symbol AVAX: Buy recommendation (10 hour ago)
https://sahmeto.com/message/3699381

MadWhale
Rank: 654
Analytical Power:
2.9

Hello✌️ Let’s analyze Avalanche’s price action both technically and fundamentally 📈. 🔍Fundamental analysis: Avalanche’s July Octane upgrade cut C-Chain fees by 98% and boosted daily transactions 170% to 10.1M. New subnets, like FIFA NFTs and VanEck’s $100M RWA fund, could lift AVAX demand. 🚀 📊Technical analysis: AVAXUSDT is holding a strong daily support and a key monthly trendline 📊. If these levels hold, a 13% upside toward $27 looks likely 🚀. ✨We put love into every post! Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale
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Signal Type: Buy
Time Frame:
12 ساعتProfit Target:
$27Stop Loss Price
$22.11Price at Publish Time:
$23.98