
Avalanche (AVAX) fell 7.2% last week to $16.86 during a market correction but remains bullish overall. Analysts expect a possible rebound to $22.50 and even a 90% rally toward $32, supported by a 380% surge in large holder inflows and rising network activity. Technical signals like a bullish MACD and strong support near $16–$17 back this outlook, though a break below could risk a drop to $11. Despite recent weakness,