Avalanche aims to be the Internet of Finance. It is an open-source platform that allows it to deploy blockchains either public or private, launch smart contracts and create digital assets on its platform. On March 9, 2021, AVAX gained ~34% and since then, it is trading in that range. Currently, it has given a breakout from the range($24-$35) and is signaling strong strength to initiate a fresh bullish move to the upside. Key levels to look out:-
The supports to the lower side are placed at ~$34.88 followed by ~$33.5 respectively. The resistance to the higher side are placed at $42.5 and $47 respectively.
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