Avalanche Crypto Has Surged +28% in 7 Days as AVAX Price Continues to Be Bolstered by a $600M Multi-Week Crypto Whale Wallet Accumulation – Here's Everything You Need to Know About AVAX Price Moves This Week

While others have been panic selling, strong hands have been buying the fear, and a multi-week crypto whale wallet accumulation has seen more than $600M

Avalanche (CRYPTO: AVAX) crypto surged over 28% in the past seven days, fueled by a multi-week crypto whale wallet accumulation of more than $600 million in AVAX.

While others have been panic selling, strong hands have been buying the fear. A multi-week crypto whale wallet accumulation has seen more than $600 million AVAX flood into whales’ sticky palms over the past 21 days.

This sustained accumulation has bolstered a resilient recovery from the Christmas dip for Avalanche price, which is now standing strong back above the $42.5 price level.

Elliot-Wave Theory traders note the reversal from a corrective phase into an impulsive trend, suggesting bullish price moves lay in the weeks ahead.

#Avalanche $Avax 1d

On the run! 👌 pic.twitter.com/fTF4JsLyID

— FLASH (@THEFLASHTRADING) January 6, 2025

Other prominent traders also noted the correlation between AVAX and leading Avalanche meme coin Coq Inu (COQ), which has also reversed into a bullish trend and could present a strong beta play.

At the time of writing, AVAX’s price was $44.69, up 3.7% in the past 24 hours, with the coin testing localized resistance at the $45 price level.

On the upside, the coin broke above a localized downtrend that spanned the end of 2024. The price is now in strong breakout form after consolidating lower support at the $35 and $40 price points.

Further technical strengthening: The AVAX price has also now sustained three days above a freshly reclaimed 20DMA, which is now seen reversing into ascendant form around $39.8.

(AVAXUSDT)

Meanwhile, on the upside, price pressure fueled the RSI to shift into a minor bearish divergence at 58, suggesting the price is moving towards overbought.

However, it is not to such severe levels that one expects a downside in the short time frame (although it is certainly a worthy indicator to watch for signs of retracement in the days ahead).

If Avalanche crypto can break above $45 in the short term, sustained bullish moves will likely trigger a re-test of the $50 price level this week.

However, for those seeking higher risk, higher return gains, let’s take a quick look at a slightly more alluring opportunity in the weeks ahead.

Flockerz Sets Cross-Hairs on $10M Raised Ahead of Monumental DEX Launch in 15-Days

Don’t miss your last chance to get in as an early investor in the next big meme coin launch, as Flockerz’ skyrocketing presale surges towards $10M raised – with just 15-days to spare before the highly anticipated market launch.

Far more than just an ordinary meme coin (and as the 2024 market proved, even that is enough to win big), Flockerz is a viral new vote-2-earn protocol that enables users to vote on their favorite memes in high-octane staking battles (boasting equally alluring high APY staking rewards).

Analysts project this vote-2-earn dynamic to drive major buy-pressure in Flockerz masterfully designed tokenomic system – and this is fuelling smart money bets on the upcoming $FLOCK token.

Don’t miss out again – in two weeks, when $FLOCK is trending on DEXTools, you’ll kick yourself when you remember you could’ve bought in as an early-bird investor with baked-in rewards.

Are we talking to ourselves here?! 🐦

With $FLOCK you can vote AND earn 🔥🚀 pic.twitter.com/1o6AKYL0QT

— Flockerz (@FlockerzToken) January 5, 2025

Around 2.4 billion $FLOCK (20% of the supply) is for the presale, which investors can currently purchase at a fixed presale price of $0.0066351.

After the presale, Flockerz will list on both centralized and decentralized exchanges (CEXs and DEXs). The project's vote-to-earn mechanism will launch after the listings.

Interested investors can purchase $FLOCK with ETH, BNB, USDT, or bank cards on the website. So hold on because the $FLOCK is taking off!

Join it now. Follow Flockerz on X and Telegram.

Visit the Flockerz presale website

EXPLORE: Bitcoin Txs Hit $19T in 2024: Top Web3 Wallet $BEST Raises $6.5M Ahead of Seismic Year For Crypto

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