$AVAX : THE LOST RISING LINE IS THE FIRST RECLAIM
Avalanche is trading near $8.213, above the secondary descending line and below the lost rising support, currently around $8.80.
Previous measured recoveries were approximately:
$8.30 → $10.50: +26.5%
$6.20 → $12.00: +93.5%
Buyers need to defend $8.00–$8.20 and recover the rising line. Clearing $10.00–$10.50 would bring the broader falling resistance, currently near $11.60, and the $12.00 high into focus.
A sustained breakout and a retest that holds would strengthen the route toward $13–$14, then the visible old highs at $14.50–$15.00.
Final projected upside:
$8.213 → $15.00: +82.64%
Losing $8.00 would weaken the local recovery. Both trendline resistance levels change over time.
#altcoins
Avalanche is trading near $8.213, above the secondary descending line and below the lost rising support, currently around $8.80.
Previous measured recoveries were approximately:
$8.30 → $10.50: +26.5%
$6.20 → $12.00: +93.5%
Buyers need to defend $8.00–$8.20 and recover the rising line. Clearing $10.00–$10.50 would bring the broader falling resistance, currently near $11.60, and the $12.00 high into focus.
A sustained breakout and a retest that holds would strengthen the route toward $13–$14, then the visible old highs at $14.50–$15.00.
Final projected upside:
$8.213 → $15.00: +82.64%
Losing $8.00 would weaken the local recovery. Both trendline resistance levels change over time.
#altcoins
