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Avalanche rebounds 25% in five days as AVAX price tests key level — Big rally ahead? -Breaking

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Avalanche rebounds 25% in five days as AVAX price tests key level — Big rally ahead?

Avalanche (AVAXFive days ago, ), has seen a strong rebound after it tested a critical support area. It is now possible for the pair to continue its upward retracement into Q2.

AVAX saw its price rise to nearly $69.50From almost $55 on April 30 to May 5, a 25% leap.

Chart of the weekly AVAX/USD price. Source: TradingView
Q1: Avalanche Network Value and Cumulative Revenue Source: Messari