Sustained Trend Above $20: AVAX price maintains a position above the $20 mark, indicating a bullish trend continuation.
Golden Crossover and Bullish Sentiments: The golden crossover adds to the bullish sentiments, supporting the upward trend.
Potential to Cross $25 Resistance: If AVAX crosses the $25 resistance, it could reach a higher overhead resistance (specific value not provided in the text).
Strong Comeback Momentum: Avalanche demonstrates strong comeback momentum, consistently staying above $20.
Overnight Price Jump: AVAX experienced a 3.94% overnight jump, moving towards the $25 milestone.
Uptrend Continuation Prediction: The price prediction for AVAX suggests a continued uptrend for the remainder of 2023.
Unstoppable Bull Run: The bull run in AVAX price seems unstoppable, overcoming resistance levels one after another.
Increased Volatility and Trading Volume: Higher volatility is accompanied by bullish support in trading volume.
Current Trading Price: AVAX is trading at $22.42, following a 1.99% pullback after the recent jump.
Consolidation Range: AVAX is exhibiting a sideways trend, forming a consolidation range between $20-$24.
Technical Indicators: The daily RSI is near the overbought boundary, reinforcing bullish sentiment and supporting a breakout.
Potential Rise to $29.25: Post $25 breakout, AVAX could aim for $29.25, with a downside risk to $18 if it falls below $20.