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- Crypto analyst predicts AVA could rally 360% to a new breakout target of $6.1229 after a recent pullback.
- Travala strengthens its ecosystem with strategic partnerships and a Treasury Reserve Plan to support future growth.
According to popular crypto analyst Javon Marks, Travala (AVA) exhibited its growth potential in early 2023, increasing about 431% following a breakout. Though the price pulled back, it now seems ready for another significant climb.
Marks says AVA might be in the middle of a surge toward the $6.1229 breakout target, suggesting about a 360% rally.
Meanwhile, reflecting a 114.41% increase over the last 30 days, AVA is trading at about $1.22 at the time of writing. The coin has lately entered a correcting phase, though, and traders are guessing about its next action. Strong foundations and recent events inside Travala’s ecosystem drive a positive view even with this short-term turbulence.
Travala: Revenue Milestone and Strategic Reserve Plan
Travala, a Web3-based travel app, shared on December 11, 2024, that its gross yearly income had exceeded $100 million. This milestone shows a notable increase relative to its $59.6 million income in 2023. The company unveiled a “Treasury Reserve Plan,” comprising reserves in Bitcoin (BTC) and its native AVA token, to mark this success.
Adding to the momentum, Changpeng Zhao (CZ), CEO of Binance, said on December 12, 2024, that early Travala investment made by Binance before the COVID-19 epidemic With its price soaring 300% soon after the news emerged, this announcement sparked a flood of interest in AVA.
Besides that, as we previously noted, Travala’s integration with Skyscanner lets users reserve over 2.2 million hotels with cryptocurrency, therefore strengthening its market position. Travala’s awareness has been much raised by partnerships with Skyscanner and the TON blockchain, which also help to encourage more travel industry crypto acceptance.