Avalanche (AVAX) has surged around 10% in the last 24 hours, reaching a high of $28.66.The price has broken out of a falling wedge pattern, with the 9-day MA crossing above the 21-day MA.Bitcoin's rally to $64,000 has contributed to the upward shift in the cryptocurrency market.If AVAX breaks above $30, it could lead to further gains toward $37, with potential targets of $40, $50, or even $62.