Avalanche (AVAX) Surges 13% but Faces Key Resistance, Can the Rally Continue?

Quick Summary:

Avalanche (AVAX) has rebounded with a 13% rally from its recent low of $15, raising hopes for a potential price surge.

However, despite this sharp rebound, the token remains far from critical resistance level at $25-$30.

Crypto analyst Miles Deutscher noted that VanEck’s move suggests asset managers are beginning to see Avalanche as a legitimate contender in the blockchain space.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab Emirates

Topics: Market Updates AVAX Altcoins Altcoin News Crypto Market Avalanche

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-13 @ 08:31:44 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 503 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26948593

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 22 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

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