Tanju Akbıyık 
In the cryptocurrency market, Avalanche (AVAX) continues to rise with remarkable momentum.
While cryptocurrency markets started the day with rises, the popular altcoin AVAX price increased by up to 5% during the day. This week, AVAX price is approaching a critical resistance level of $30.50, while investors expect a new uptrend if this level is exceeded. The resistance levels AVAX is facing and the support levels on possible pullbacks offer important clues for the market.
Avalanche (AVAX) continues to attract investors’ attention with its strong performance in recent weeks. AVAX, which aims to reach $30.50 these days, may continue its rise if it breaks this resistance point. According to experts, by exceeding this level, new price targets may come to the agenda and AVAX may reach higher levels.
On the other hand, if the $30.50 resistance cannot be exceeded, the $27 level will gain importance as AVAX’s first support point. It is critical for investors to carefully monitor these price levels for both buying and selling decisions.
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