Avalanche Price Breakout Pushes AVAX Above $10 as $11 Resistance Looms

Avalanche (AVAX) has delivered one of its strongest technical breakouts in months, surging above the key $10 level after decisively escaping a prolonged consolidation range between $7.00 and $8.20. AVAX climbed to around $10.27 following the breakout, with the cryptocurrency clearing several important resistance levels in rapid succession. The price first moved above the long-term moving average near $8.50$8.70 before surpassing its short- and medium-term moving averages and reclaiming the psychologically important $10 mark. Trading volume increased sharply during the advance, adding…  Read more

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