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AVAX Shows Bullish Technical Setup and Gains in RWA Development

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AVAX
$12.2510.22%
AVAX shows bullish technical indicators, forming a long-term falling wedge pattern that could push the price toward $55.80. The token ranks third in RWA development, with strong builder activity. Avalanche recently launched a DLT Foundation in Abu Dhabi, expanding its institutional reach. Despite a 9.3% weekly drop, the fear and greed index and RWA progress suggest rising institutional interest.
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