AVAX Sets to Recover Alongside the Global Crypto Market

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Michael van de Poppe, a crypto analyst, has predicted the outcome of AVAX as the global crypto market recovers. This prediction was disclosed by him recently on Twitter.

According to him, there’s every chance for the Avalanche to experience a massive expansion to the upside. Michael, in his prediction, made it known that the $65 price level is likely to be reached before the current bullish phase ends.

It is also worth noting that the ongoing development of Avalanche HyperSDK and Avalanche Warp Messaging could also affect the direction of the market positively.

Key Avalanche Levels To Watch – June 28

On December 30, 2022, an upward expansion began. The reason for the expansion could be attributed to the overwhelming buying pressure in the $10.5773000 demand zone.

The #Altcoins are slowly getting out of depression.

Now is the time to invest. pic.twitter.com/lTZtR8VCKG

— Michaël van de Poppe (@CryptoMichNL) June 25, 2023

The expansion was concluded as the price rose beyond the $18.6611100 price level. The market is currently on an upward trend. This current expansion happened after an inducement of short positions in the discount region.

AVAX Key Levels

Resistance Levels: $15.7386200, $18.6611100, $22.7963000
Support Levels: $13.8829300, $12.4282100, $10.5773000

Total Market Capitalization: $1.17T
Avalanche Market Capitalization: $4.42B
Avalanche Volume: $0.12B
Market Rank: #18

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