The declines in Bitcoin (BTC) have greatly shaken altcoins, where is the price of Avalanche (AVAX), which has pinned a critical support, going?
Bitcoin’s lack of volume over the weekend and systemic problems seen in crypto exchanges swept altcoins’ feet. Avalanche (AVAX), which has been priced above $ 15.41 for a while, fell below this value weeks later. AVAX, which is above this value at the moment, may face sharp decreases if the support is broken.
Avalanche (AVAX) Chart Analysis
Having pinned under a critical support a few hours ago, AVAX relieved its investor a little by throwing it above this level again. The coin, which turned its route up after hanging below $ 15.37, can fall to $ 13.87 if this level is broken to the downside.
In order for Avalanche, which has a serious audience in the crypto ecosystem, to resurrect, breaking the 18.22 – 19.33 – $ 20.40 and $ 22 resistances in AVAX, respectively, can be followed in the name of great rises. If the market continues to decline or the negative news flow from the Avalanche ecosystem, decreases to 14.53 – 13.87 and 12.04 dollars can be observed.
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