Avalanche (AVAX) Bulls Target $30 Breakout as Toyota Partnership Fuels Momentum
Avalanche (AVAX) has been riding a wave of optimism as bulls push for a breakout above the crucial $27–$28 resistance zone. Currently, AVAX trades just above $26.5, marking its fourth consecutive day of gains. Related Reading: Dogecoin Adam And Eve Pattern Teases Explosive Breakout: Here’s The Price Target The move comes as Ava Labs strengthens its ecosystem with two high-profile partnerships: an MoU with Korean firm WeBlock to expand real-world asset (RWA) tokenization and a collaboration with Toyota Blockchain Lab on mobility infrastructure. AVAX's price trends to the upside on the daily....
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The Avalanche Foundation is in advanced talks to set up two US digital asset treasury vehicles to raise roughly $1 billion that would purchase millions of AVAX directly from the foundation at a discount, according to the Financial Times. Avalanche Foundation’s $1 Billion Buy Plan One vehicle, led by Hivemind Capital, would seek up to $500 million via a Nasdaq-listed company with Anthony Scaramucci advising; a second, sponsored by Dragonfly Capital, would be a $500 million SPAC. People familiar said the deals could close within weeks; Hivemind confirmed it was working on a deal, while the....
Digital asset treasury firm Avalanche Treasury Co., a part of the Avalanche (AVAX) ecosystem with a special relationship with the Avalanche Foundation, today announced a partnership with the Mountain Lake Acquisition Corp. Avalanche Treasury Firm To Buy $1 Billion Worth Of AVAX According to an official announcement made earlier today, Avalanche Treasury Corp. is set […]
After a strong price performance over the past month, driven by growing interest in the Avalanche ecosystem, AVAX now faces a key resistance area that could delay its long-awaited rally. Related Reading: Solana DATs Arrive In Australia: Fitell Corporation Announces $100M SOL Treasury Strategy Institutional Momentum Fuels Avalanche Price On Wednesday, Avalanche continued its recovery from the start-of-week pullback and is currently retesting the $34 area as support. The cryptocurrency recently fell to the $29 level, but quickly bounced toward a seven-month high of $36.1 on Tuesday, fueled....
Avalanche price has shown bullish strength over the last 24 hours. It has been one of the few altcoins that have remained positive despite most altcoins losing value over the past day. In the past day alone, the altcoin has appreciated by close to 4%. In the last week, AVAX rallied over 16%. It is important that Avalanche continues to race upward for positive price action to remain in the market. The technical outlook for the coin showed that bulls were in complete control of the asset. Demand for the coin jumped north and buying strength kept registering northbound movement on the chart.....
Avalanche rallied to a four-week high on Friday, as prices moved close to a key resistance level. The token hit a ceiling of $17.70 earlier in today’s session, which comes following several days of gains. Dogecoin also maintained recent sentiment, as prices climbed for a fourth straight day. Avalanche (AVAX) Avalanche (AVAX) rose to a one-month high on Friday, closing in on a key resistance level in the process. Following a low of $16.83 on Thursday, AVAX/USD made a move to a peak of $17.70 earlier in today’s session. This surge in price sees AVAX hit its highest point since September 27,....