Avalanche (AVAX) was riding a wave of optimism with the bulls pushing to the outbreak of a crucial 28 resistance area. Currently, AVAX is trading just higher than 26.5 dollars, which represents its fourth consecutive day of the gains.
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The move comes at a time when Ava Labs strengthens its ecological system through two prominent partnerships: a memorandum of understanding with the Korean Weblock to expand the asset code in the real world (RWA) and cooperate with the Toyota Blockchain laboratory on the infrastructure for transportation.
AVAX's price trends to the upside on the daily chart. Source: AVAXUSD chart from Tradingview
Strategic partnerships drive the real world’s adoption of an ice collapse
the Weblock deal He was appointed to provide symbolic products that are compatible with the regulations and a new Stablecoin pilot in South Korea.
Meanwhile, the Toyota partnership aims to build the Mobility Open Network (MON), a Blockchain system designed for smart transportation, joint mobility, and even Robotaxi fleets.
Together, these initiatives enhance the leadership of collapse in combining Blockchain and practical applications in the real world.
Technical derivatives and indicators support ups
Market data appears Avax The open interest increased to standard $ 1.07 billion, indicating strong capital flows from derivative dealers. This indicates a high confidence that the collapse is about to break.
On the technical front, AVAX is trading over its average for 50 days and 200 days, confirming the golden cross and enhances the upscale feelings. The relative power index is currently sitting in 61 years, leaving room for more upward trend before it reaches levels at the height of the purchase.
Likewise, the MACD graph turned positively, crossing its line over the signal line earlier this week, both classic signs on the accelerated momentum.
AVAX: Bulls Eye Prices Pacific $ 30 and beyond
If AVAX secures a decisive closure over $ 26.9, analysts are advancing to the axial level of $ 29.78, just shy of the psychological teacher of $ 30.
A successful penetration can open more gains in a range of $ 32 – 35 dollars within two to three weeks, and is in line with the broader upside feelings in Altcoins such as Solana (SOL) and TRE (TRX).
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On the other hand, failure to retain the current levels may lead to a support to support near $ 25.15, with multiple column risks on the downside in the event of a $ 24.00 break. However, with the expansion of institutional partnerships and technology indicators that are over, the collapse remains one of the strongest collapse in September.
Image coverage from Chatgpt, Avaxusd Chart from TradingView
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