Avalanache (AVAX), which came back to a critical price band days later, may be gathering strength for its rise.
AVAX, which has come to an important price range with the depreciation of Bitcoin (BTC), can make an upward leap in a short time. Having tested this point in the previous processes, AVAX, which showed an increase of 10 percent in general, came to the same stage again. The popular coin, which is priced at $ 16.68, may show sharp price movements in the near future as BTC remains stable or gains value.
Avalanche (AVAX) Chart Analysis
AVAX, which has come to an important threshold in the price route, has risen from this point many times in the past. In fact, AVAX, which came to the same price band a few days ago, showed increases of 10.08 – 9.50 and 12.09 percent, respectively. Currently, AVAX, which finds buyers at $ 16.68, can target $ 18.22 again in the scenario that it does not encounter BTC barrier.
In order for Avalanche, which has a significant community in the crypto ecosystem, to revive, it is of great importance to break the resistances of 18.22 – 19.33 – 20.40 and 22 dollars, respectively, in AVAX. If the price continues on the downside, decreases to 15.37 and 14 dollars can be observed.
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