Posted 4/4/2024, 11:00:00 PM
Crypto Whales Buy $2.1B in Avalanche, Predict 23.5% Price Rally if Resistance Levels Breached
- Crypto whales bought $2.1 billion worth of Avalanche (AVAX) in just 3 days, showing confidence in future price growth
- AVAX has low 0.17 correlation with Bitcoin, meaning its price moves independently
- Price prediction of 23.5% rally to $60, but AVAX must overcome resistance levels first
- Critical resistance level is $53 - if AVAX struggles here, could lose bullish momentum
- Whether $60 target is met depends on breaking through resistance levels like $50, $53, $58
