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Avalanche Rebounds Nearly 13%: Can AVAX Push Its Price Higher?
- Avalanche (AVAX) has rebounded nearly 13% from its recent low of $18.14, signaling a potential recovery.
- AVAX is trading above the 50-day EMA ($18.80) and 200-day EMA ($22.20), indicating bullish momentum.
- Investment giant VanEck has registered an Avalanche ETF, awaiting SEC approval, which could boost AVAX.
- AVAX needs to break above $25 and sustain its position for the bullish trend to hold.
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