One of the prominent analysts of the crypto money industry, Cantering Clark, mostly Ethereum (ETH) He is known for his focused forecasts. Although the analyst is known as a strict ETH fan, he actually surprised everyone with his latest analysis and commented on another altcoin. The altcoin, which the analyst expects to rise, is instead of Ethereum. Avalanche (AVAX) it happened.
AVAX May Not Be Stopped After $100
The crypto money industry has started to show bullish breezes in recent days, and the leading cryptocurrency Bitcoin pinned above $ 48,000. Meanwhile, while ETH was testing the $3,500 level, the altcoins in general moved.
AVAX, which has not yet been able to enter a serious movement, is pushing $ 100 and has risen to $ 93. The famous analyst, on the other hand, thinks that the real rally of AVAX will start after $100.
Popular crypto analyst Cantering Clark drew attention to possible scenarios over $100 for AVAX, which is currently trading at $ 93 levels.
Added pretty heavily to $AVAX on this dip.
As soon as it hits 100 you are going to get the “hundy roll” effect and see overextension.
I think at a minimum 115 and back to range highs.
Similar transition as Luna, and it did this the last time I mentioned similarity as well.
— Cantering Clark (@CanteringClark) March 29, 2022
The analyst emphasized that the “faces effect” will begin after reaching $100. This effect was actually seen on Binance Coin in 2021 and BNB 100 dollars It went up to $600 after being knocked down. The reason for this may actually be that people expect a price of 100-200-300 dollars at a time. According to the analyst, LUNA has undergone a similar development and actually LUNA The price has risen to over $ 104 as of now.
AVAX, TurkeyIt is also very popular in , and may be among the fastest risers in a possible altcoin rally.