{"id":4470,"date":"2025-04-23T10:54:00","date_gmt":"2025-04-23T09:54:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4470"},"modified":"2025-04-23T10:46:12","modified_gmt":"2025-04-23T09:46:12","slug":"avalanche-avax-set-jump-21-heres-what-could-trigger","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/avalanche-avax-set-jump-21-heres-what-could-trigger\/","title":{"rendered":"Avalanche (AVAX) Set to Jump 21% ? Here’s What Could Trigger It"},"content":{"rendered":"\n

Avalanche Attracts Whales : A Comeback on the Horizon ?<\/strong><\/h2>\n\n\n\n

IntoTheBlock’s on-chain data reveals significant participation of whales<\/strong> and investors on the Avalanche <\/strong>network. The volume of significant transactions has surged by 169%, indicating a growing interest in AVAX<\/strong>. This increased trading<\/a> activity is accompanied by a bullish technical signal<\/strong>, suggesting significant upside potential for the token.<\/p>\n\n\n\n

At the time of writing, AVAX is trading<\/a> around $20.05<\/strong>, down by 2.50% over the last 24 hours. However, its trading volume has risen by 22%<\/strong> over the same period, indicating investor enthusiasm.<\/p>\n\n\n

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\"technical<\/figure>\n<\/div>\n\n\n

Technically, AVAX<\/a><\/strong> shows signs of recovery on both short and long timeframes. However, its upward trend will only be confirmed if it manages to close a daily candle above the $21 threshold<\/strong>. In that case, AVAX could then skyrocket by 21%<\/strong> to reach $25.15. And if the momentum continues, the token could even climb an additional 25% to $31.40<\/strong>.<\/p>\n\n\n\n

AVAX Signals Divide Traders<\/strong><\/h2>\n\n\n\n

AVAX <\/strong>is currently below the 200-period exponential moving average, suggesting a downtrend. Additionally, its RSI is near 56<\/strong>, hinting at a possible bullish reversal<\/strong>. The definitive confirmation of AVAX’s positive trend<\/strong> will depend on its ability to close a daily candle above $21<\/strong>. Otherwise, the rally could be at risk.<\/p>\n\n\n

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\"price<\/figure>\n<\/div>\n\n\n

If you are considering buying AVAX<\/strong>, here’s a simple guide on how you can do it:<\/p>\n\n\n\n

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  1. Create an account on Bitget<\/strong><\/a> by signing up with an email address and completing the verification.<\/li>\n\n\n\n
  2. Deposit funds<\/strong>, either via credit card, bank transfer, or by transferring existing cryptocurrencies.<\/li>\n\n\n\n
  3. Access the Spot market<\/strong>, search for the AVAX\/USDT pair<\/strong>, and set the desired amount. <\/li>\n\n\n\n
  4. Finalize the purchase<\/strong> and find your tokens directly in your account.<\/li>\n<\/ol>\n\n\n\n

    Before investing, it’s always recommended to stay informed and adjust your strategy based on the market conditions.<\/p>\n\n\n\n

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    AVAX is available on Bitget : Get 10$ off now<\/strong> !<\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n