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Bitcoin's strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.

Avalanche (AVAX) price has gone against the tide this week, staying on the upward trajectory as the rest of the market slumped. The resilience is attributed to the recent Avalanche9000 testnet, the largest upgrade since the mainnet launch.

With a rounding bottom breakout rally in the AVAX price trend gaining momentum, the bulls are back at play. As the $40 breakout is inching closer to surpassing the $50 psychological mark, buyers anticipate a new 52-week high.

AVAX tests critical $38.57 support while showing strong network growth with a 28.56% increase in active addresses and $1.362 billion in Total Value Locked.

Next few days could be critical for AVAX's price action on the charts.

Avalanche (AVAX) has become one of the most closely watched cryptocurrencies in recent years, especially as it continues to gain traction among investors and developers alike. As the broader market enters what many are anticipating to be a new bull cycle, AVAX is expected to play a key role in this potential surge.

As recent bull market sentiment begins to show its cracks and Bitcoin takes a tumble, layer-1 altcoins appear among the most resilient, with Avalanche, Polkadot, and Fantom as standouts. The post Layer 1 Altcoins Immune to Bitcoin Dip: AVAX, DOT and FTM Price Surge Despite Red Market appeared first on Cryptonews.

Avalanche has just welcomed its largest software update ever hosted, with a dedicated launch on the Fuji testnet.

Story Highlights The Avalanche price retests the $45 mark, eyes to hit $50. The EMA 50/200-day record a Golden Cross in the daily time frame, highlighting a higher target. The AVAX price has soared over 70% during this month. The AVAX token has maintained its bullish price action despite increased price volatility.

This week's crypto calendar is packed with major events, as Sonic Labs is about to launch its L1 mainnet, the Avalanche Etna update went live, Jupuary voting began for Jupiter, and more.

Avalanche is going through its largest upgrade since the mainnet launch, unlocking more than $40 million in retroactive rewards.

Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.

The Avalanche Foundation will disburse $40 million in retroactive grants as the new upgrade hits testnet ahead of a planned 2025 launch.

Also launching Monday is Retro9000, a grant program of $40 million to reward builders developing Layer 1 blockchains and other tools on the Avalanche9000 testnet.

Avalanche's largest upgrade to date, Avalanche9000, went live on testnet Monday. The upgrade is designed to cut costs of sending transactions and operating validators, making it easier to build apps on the network.

Story Highlights The live price of the AVAX crypto token is . Avalanche price may reach a maximum of $100 by the end of 2024. With a potential surge, the AVAX coin price may achieve a high of $528 mark by 2030.

The price of Avalanche (AVAX) has risen to a high of $45.07, continuing its uptrend. Cryptocurrency price analysis brought by Coinidol.com.

Bitcoin sellers take the upper hand as BTC struggles to rally to $100,000. What will altcoins do?

Widely followed crypto trader Rekt Capital says that Ethereum (ETH) rival Avalanche (AVAX) is positioning itself for another big rally to new price targets. Rekt Capital tells his 514,000 followers on the social media platform X that AVAX has turned the $38.

The crypto market is buzzing with Avalanche (AVAX) establishing itself as one of the best-performing assets in recent weeks. With its value doubling in record time, AVAX has captured the attention of investors while also rekindling speculation about a potential prolonged rally.

As the altcoin market maintains its November bull rally, top tokens have added significant value to their respective portfolios over the last few days. Following this, the AVAX price has reclaimed the $40 mark and is on the path to recording a new 8-month high.

Avalanche (AVAX) has made a significant move, breaking above a crucial resistance level and soaring over 20% in less than 24 hours. This surge has reignited bullish sentiment among analysts and investors, who are now closely monitoring AVAX's potential to reach the key $50 mark in the coming days.

Avalanche surges 100% after key breakout. Can it sustain momentum and hit $60, or is a pullback coming?

Avalanche price continued its strong rally as the crypto fear and greed index remained in the extreme greed zone. The AVAX token jumped to a high of $45, its highest level since April 12 and 158% above its lowest level in August.