Chartist's 1,100% Avalanche Call Faces a Detour as AVAX May Dip Toward $7 First

At a Glance Analyst Javon Marks says Avalanche could rally more than 1,100% from here. AVAX still trades under its bunched 50-day and 200-day averages, though momentum has started to turn up. A break of nearby support could send the token toward $7 before any long rally gets going. Crypto analyst Javon Marks has put a twelvefold target on Avalanche, based on the token's long-term chart pattern. The forecast lands after a month of steady losses for AVAX, with buyers yet to retake the trend. Traders now want to know whether the token can hold its nearest floor before a deeper dip. Javon Marks Bets on a Twelvefold Avalanche Run Marks expects a major breakout in Avalanche. He did not attach a time frame or any conditions to the call.

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