Hello✌️
Let’s analyze Avalanche’s price action both technically and fundamentally 📈.
🔍Fundamental analysis:
Avalanche’s July Octane upgrade cut C-Chain fees by 98% and boosted daily transactions 170% to 10.1M. New subnets, like FIFA NFTs and VanEck’s $100M RWA fund, could lift AVAX demand. 🚀
📊Technical analysis:
AVAXUSDT is holding a strong daily support and a key monthly trendline 📊. If these levels hold, a 13% upside toward $27 looks likely 🚀.
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