Avalanche’s price has recently surged to $22.12, marking a 1.30% gain within the last 24 hours. This climb has sparked optimism in the market as traders analyze technical indicators. The Relative Strength Index (RSI) is currently in the overbought zone at 77, suggesting potential upward momentum. Additionally, both the MACD and the Exponential Weighted Moving Average (EWO) are indicating bullish trends. As AVAX navigates these technical signals, traders remain hopeful for a sustained recovery from its previous bearish performance, reinforcing interest in the Avalanche network and its associated projects.