What is happening in Avalanche (AVAX), which has reached its lowest value since July 2021, what levels should be considered if the decline continues?
Looking at the wide time frame, AVAX, which has been in a downtrend for weeks, failed to overcome the $10.78 resistance and signed a sharp decline. The major coin, which marked a period, came to $ 9.78 and reached its lowest level since July 2021. AVAX, which has not yet touched the next support point, may face larger sales if it does not find a buyer response.
Critical levels in Avalanche (AVAX)!
The popular coin, which continues to lose strength in terms of both market availability and parity, can relax directly to $ 7.44 and $ 7.03 if it does not receive a reaction from $ 9.35. AVAX, which has increased in volume by directly exceeding this region in the past years, increases the dangers even more because it does not create any price structure.
With the failure of $ 7.03, the support levels that can be followed will be $ 4.71 and $ 2.81, respectively. The importance of these levels emerges depending on the wide time frame. If the price moves upwards, the traceable resistance points will be 10.78 – 12.18 – 13.83 and 15.96 dollars, respectively.
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