Is AVAX Ready For A Hike To $30?Bullish Triangle Breakout: AVAX signals an imminent rally post a recent triangle breakout in the 4-hour chart.
Targeting $30: With resurfacing above $20, AVAX aims for a breakout rally targeting the $30 milestone.
Market Sentiment: Altcoins exhibit bullish continuation patterns, including AVAX, in preparation for a bullish December.
Uptrend Confirmation: Daily timeframe sustains AVAX's uptrend, reflecting opportunities for short-term traders.
Sideways Movement: November's failure to breach $25 results in a sideways gear, forming a triangle pattern in the 4-hour chart.
Underlying Demand: Despite the 4-hour cool-down, Avalanche sustains momentum with higher low formations, indicating strong demand.
YTD Performance: AVAX shows 100% YTD growth, remaining poised for a bullish December run.
Market Sentiments Boost: AVAX poised to leverage improving market sentiments for further bullish momentum.