AVAX fall intensifies, volume surges by 39%, foundation raises $1 billion for expansion.

[Coin World] Avalanche (AVAX)'s stock price is facing a daily fall of 1.31% and a weekly fall of 11.7%, with a trading price close to $20.40. The 24-hour trading volume surged by 39%, reaching $579.89 million, while selling pressure continues to rise. Despite the bearish market, the Avalanche Foundation has raised $1 billion to expand its business in the U.S., aimed at promoting ecosystem growth and innovation. Analysts predict that by the end of 2025, Avalanche's stock price could break the $200 mark. The RSI is at 43.7, and the MACD is bearish, with technical indicators suggesting recent pressure, but if the support level holds above $20, a reversal may occur.

AVAX-2.2%
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