Avalanche (AVAX) experienced a significant price surge of 10.7%, breaking free from a multi-week correction phase. The price rose from $18.87 to $20.89, indicating a renewed interest from investors amid robust trading volumes. This surge coincided with a broader rally in the cryptocurrency market, notably with Bitcoin surpassing $87,500, reflecting positive market sentiment despite geopolitical tensions. Technical analysis revealed that AVAX established a bull flag pattern, suggesting further upside potential. Key support is identified around $19.50, while the next resistance level is at $20.90, with Fibonacci extension targets indicating $21.50 as a future objective. The final trading hours saw heightened volume, pushing AVAX above the critical psychological barrier of $21.00. As AVAX continues to gain momentum, investors are closely watching these levels for further indications of a bullish trend.

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