Markets· ★★★· bullish·

AVAX Breaks Triangle: $8.70–8.80 Target on UAE Adoption

  • —AVAX at $7.39 after breaking the upper boundary of the triangle
  • —Analysts' target is $8.70–8.80, support around $7.00
  • —Daily volume rose 19.6% to $307.12 million
  • —UAE PASS on Avalanche covers more than 12 million users
Why it matters: The breakout on rising volume and national adoption in the UAE could boost demand for AVAX, but holding the $7.00 support will be decisive.
#AVAX
Source: TronWeekly
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