Avalanche (AVAX), which has a large share in the crypto money market, has come to the critical price range, how can AVAX’s next price action be?
AVAX, which has a large audience in the crypto industry in terms of both technology and market, has reached serious prices with the rise of its Ethereum (ETH). AVAX, which came to an important threshold in the wide time frame, aroused the curiosity of its investors for its next move. The major coin, which could not exceed this price range in the past weeks, experienced a decrease from $ 21 to $ 14. AVAX, which lost nearly 36 percent of its value, came back to the level of 21 dollars. The popular coin, which has been under selling pressure from these levels for now, brought critical questions behind it.
Avalanche (AVAX) Chart Analysis
AVAX, which came to the price band it tested weeks ago, seems to have entered a critical process. AVAX, which started a 36 percent decline scenario when it last reached this price range, came up again. After breaking the $22 level in the popular coin, 23.66 – $26.30 levels can be expected, respectively.
If a chart is formed as in the previous processes, $ 20.17 and $ 19.33 levels can be expected to work as support in AVAX first. In the plan where there are not enough buyers at these levels, decreases to 18.22 – 16.00 and again 14.50 dollars seem likely.
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