{"id":369158,"date":"2023-01-12T15:23:25","date_gmt":"2023-01-12T20:23:25","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=369158"},"modified":"2023-01-12T15:23:25","modified_gmt":"2023-01-12T20:23:25","slug":"avalanche-price-prediction-as-avax-leaps-above-key-resistance-on-this-announcement","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/avalanche-price-prediction-as-avax-leaps-above-key-resistance-on-this-announcement","title":{"rendered":"Avalanche Price Prediction as AVAX Leaps Above Key Resistance on This Announcement"},"content":{"rendered":"

A spike in trading volumes in the last two days amid a broad rally across the crypto space has seen AVAX<\/a>, the cryptocurrency that powers the Avalanche<\/a> blockchain, surge and near-term price predictions take a turn for the better. Since Wednesday, AVAX\/USD has rallied around 20% from under $13 per coin to current levels to the north of $15 per coin.<\/p>\n

The rally was also in part powered by the announcement of a new partnership between Avalanche and Amazon<\/a>. According to a tweet by Avalanche\u2019s official Twitter account, Amazon chose Avalanche \u201cto bring scalable blockchain solutions to enterprises and governments\u201d. The partnership is a big positive for Avalanche\u2019s long-term prospects and should deliver a sizeable boost to the usage of its blockchain.<\/p>\n

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It\u2019s official! @Amazon<\/a> #ChoseAvalanche<\/a> to bring scalable blockchain solutions to enterprises and governments \ud83d\udd3a#AWS<\/a> fully supports Avalanche\u2019s infrastructure and dApp ecosystem, including one-click node deployment, offering the best tooling for these high compliance use cases. pic.twitter.com\/syInSrU9XD<\/a><\/p>\n

— Avalanche \ud83d\udd3a (@avax) January 11, 2023<\/a><\/p><\/blockquote>\n