The cryptocurrency market is experiencing a mild surge unseen for some time. If the U.S. markets remain supportive, we may witness a much-anticipated rise this weekend. The SEC has started taking concrete steps regarding cryptocurrency lawsuits, easing concerns for altcoins and strengthening the potential promise of the U.S. as a crypto capital. What are the forecasts for AVAX ($25.68), Ethereum $2,804, and the overall cryptocurrency landscape?
Insights on AVAX and Ethereum
BTC ($96,510.41) price is currently hovering around $99,300, with altcoins continuing their weak yet upward trajectory. We have entered the second half of the first quarter, a historically favorable time for cryptocurrency increases. This suggests that we should expect a genuine rise in the markets in the upcoming weeks without further delays.
In today’s market analysis, Carl Moon highlighted a specific setup in the AVAX chart, sharing his target levels.
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