Avalanche (AVAX) Analysis: The ETF Era Begins
Avalanche has officially entered the institutional spotlight this week with the launch of the first spot AVAX ETF in the U.S.
Market Sentiment: Cautiously Bullish. AVAX is trading at approximately $12.35. Despite a rocky start to the week where price dipped toward $11, the launch of the VanEck Avalanche ETF (VAVX) on January 26 has provided a floor for the asset.
Technical Outlook: AVAX is consolidating in a multi-year demand zone ($9–$12). It faces immediate resistance at $15.50. A breakout above this level would signal a shift from "base building" to a trend reversal.
AVAX
10.06
-0.39%
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