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The crypto market has entered another bullish leg after Bitcoin’s (BTC) recent climb to a new high. BTC hit a new peak of $111,544 on Thursday, May 22. The global crypto market cap has seen a 2.1% rise in the last 24 hours to $3.61 trillion. Avalanche (AVAX) seems to be following the market trajectory. The project’s market cap is very close to overtaking Chainlink (LINK) as the 15th most valuable cryptocurrency. AVAX has a valuation of $10.47 billion, while LINK has a valuation of $10.85 billion. AVAX is just $37 million away from taking the $15th spot. Also Read: Currency News Today: US Dollar Is On Its Way Down, Says Analyst Source: CoinGecko Avalanche On The Brink Of Overtaking Chainlink Source: Binance Academy If the market continues its current momentum, AVAX could very quickly overtake LINK as the 15th-largest crypto project. Also Read: Pi Coin Price Prediction: $600 Investment Could Make You a Mini-Whale by 2030 AVAX’s price has risen 9.7% in the last 24 hours, ...

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 $38.57 level from resistance to new support that could send it rallying to a price area last witnessed in March of this year. “ Avalanche has officially doubled since successfully retesting the Macro Downtrend as support. Holding the light blue level ($38.57) as support going into December could enable a move into ~$60 over time.” Source: Rekt Capital/X At time of writing, AVAX is trading at $42.90 and is up over 70% in this month. The trader also has his radar on Dogecoin (DOGE), which has printed over 200% rallies in the last few weeks. According to Rekt Capital, DOGE is destined for more upward continuation, and any potential drops below $0.40 would be opportunities for bulls to form positions. ...

Avalanche (AVAX) has seen a significant rise in investor activity. AVAX hasn’t shown much movement in the last 24 hours. However, AVAX has spiked by 13.4% in the last seven days and is down by 28% in the last 30 days. Moreover, AVAX’s price has risen by 126.5% since last year. According to CoinGecko data, AVAX is hovering around the $38.64 level. The coin hasn’t shown much movement in the last 24 hours. Source: CoinGecko Also read: Can Binance Coin (BNB) Hit $800 By April End? How high can Avalanche go by April end? According to Changelly, AVAX could surge to a maximum of $58 by the end of April. Moreover, Changelly anticipates AVAX to continue rallying for the next few weeks, hitting a minimum of $47 during this period. The platform anticipates AVAX to reclaim the $50 level. CoinCodex also paints a bullish picture for Avalanche (AVAX) for the next few weeks. The platform anticipates AVAX to hit $51 by the end of April and $129 by mid May. However, AVAX is dow...