AVAX Surges 21% in Week, Key Indicators Point to Potential for Further Major Price Rises

• AVAX price has surged 21.93% over the past week to $61 despite a slight drop in buying momentum (RSI down to 69 from 75)

• 75% of AVAX holders are now profitable, a level that has previously indicated further strong price rises

• AVAX could reach $70 again with key resistances at $63, $65, and $67, which would be a 16.67% price increase

• Strong support levels exist at $58 and $56 which need to hold to prevent a potential 13.33% drop to $52

• Historical data shows 75% profitable AVAX holders precedes big price jumps, suggesting AVAX could be at a pivotal moment