Avalanche (AVAX) Chart Analysis 11 May 2023

Claims that the US is selling Bitcoin (BTC) have also deeply affected altcoins, what's the latest on Avalanche (AVAX) chart?
 Avalanche (AVAX) Chart Analysis 11 May 2023
READING NOW Avalanche (AVAX) Chart Analysis 11 May 2023

Claims that the US is selling Bitcoin (BTC) have also deeply affected altcoins, what’s the latest on Avalanche (AVAX) chart?

Rumors that the USA sold BTC, which came to the fore a few days ago, have also emerged as of yesterday. BTC, which lost serious value instantly, slipped its foot in its altcoins. Many altcoins have eased to critical support levels. But how does the chart progress in Avalanche (AVAX)?

Avalanche (AVAX) Graphics Evaluation

Shocked by the Fud news flow in Bitcoin, AVAX relieved its investor a little by jumping above this level again. The major coin, which turned its route up after hanging below $ 15.37, can fall as low as $ 13.92 if this support is broken down.

In order for Avalanche, which has a serious share in the crypto ecosystem, to revive, the resistances of $ 18.22 – 19.33 – $ 20.40 and $ 22, respectively, can be exceeded in AVAX, which can be followed for great rises. In case of depreciation of BTC or negative news from the Avalanche ecosystem, decreases to 14.53 – 13.87 and 12.04 dollars can be observed.

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