Analyst Lists 3 Price Levels to Watch Before Another Avalanche (AVAX) Price Surge

AVAX price is holding near $28.69, and traders are watching closely for signs of the next big move. A new chart update on X (formerly Twitter) from Degencoder lays out an Elliott Wave pattern that points to a possible breakout. He believes AVAX is finishing Wave (4) of a five-wave cycle, with a potential Wave (5) run aiming for $45-$50 if key supports stay in place.