Avalanche: Targets $36 Breakout

Crypto analyst @CryptoKing4Ever highlights $AVAX clinging to multi-year major support, positioning for a potent risk-reward setup if it shatters the long-term downtrend. He sets targets at $36.16 for TP1 and $103.62 for TP3, noting historical explosive rallies from this base amid ongoing AVAX price prediction buzz and broader crypto market trends echoing Bitcoin volatility.

On the 4-hour chart, $AVAX trades at $9.13 in a bearish structure, pressing against the EMA50 at $9.24 as immediate resistance while the EMA200 at $9.31 caps longer-term upside—yet a bullish MACD golden cross at -0.04 signals mounting momentum. Neutral RSI at 46.17 keeps things balanced, but with price nestled inside Bollinger Bands between lower support at $9.01 and upper resistance at $9.3, confluence points to volatility exhaustion; expect a probe toward that upper band before any retracement to EMA50, aligning with Avalanche breakout targets if buyers dominate this crypto support level.