AVAX- Breakout to TOP-10 ?? 🔝🔟

Well, chart says the breakout scenario could be in play and AVAX is in the top-15 at the moment.

Top-10 will be difficult but potential for 12-13 is in play.

In any case we have a nice set-up for a trade as 19,12 is support.

23$ - 27$ and 40$ are targets for taking profit.

News:

Avalanche Surges to 6-Month High in Daily Active Addresses
The spike coincided with a bevy of financial institutions joining Avalanche’s Evergreen subnet “Spruce.”

Avalanche’s daily active addresses hit nearly 80,000 on April 12. Its daily active user base grew 85% in the past 90 days, making it one of fastest-growing protocols, ahead of BNB Chain, Tron, Ethereum, Aptos and Bitcoin. Only four protocols grew faster, per Artemis: StarkNet, Arbitrum, Stacks and Canto.

The high-water mark coincided with Avalanche’s April 12 partnership with a bevy of financial institutions that will contribute to its network infrastructure, signaling traditional finance companies’ increased interest in the Avalanche ecosystem.

One Love,

The FXPROFESSOR