AVAX Set For ATH? Analysts Predict Explosive Rise To $285

Avalanche (AVAX) has caught the attention of crypto analysts Whales_Crypto_Trading and Alan Santana. The market sentinels are rather optimistic regarding the price of AVAX, but it may face some consolidation periods and, therefore, possible declines in its price before skyrocketing. The cautious optimism is what makes AVAX very interesting to watch.

Technical Analysis

Whales Crypto Trading has just published an analysis on Avalanche that is primarily optimistic in nature. By applying the Elliott Wave Theory, he hypothesized that AVAX may be starting a big bull run. According to his analysis, AVAX could be on the brink of a dramatic rise from $9 to $49.

$AVAX Macro chart. Bull Market Target

It was a very intense run up from $9 to $49. (1) I do think we need to correct that growth (2) before we head towards a new ATH