AVAX Poised for Breakout as Price Strengthens to $43

The Avalanche (AVAX) price is approaching a pivotal point, showing signs of strength with a 10% weekly gain and a potential breakout. Technical analysts project a move towards the $43 level, with 56% gains being anticipated if market conditions align. The asset is currently consolidating near the $27 mark, testing resistance levels while maintaining support at $25.74. The balance between buying and selling activity suggests that upcoming trading sessions will be crucial in determining whether the rally accelerates.