With the recovery of Bitcoin (BTC), Avalanche (AVAX) has attracted attention in altcoins that started volatility.
One of the coins most affected by the selling pressures in altcoins is Avalanche ( AVAX ) happened. The popular coin, which touched $ 10 months later, created a serious danger in the Avalanche ecosystem. at last night ETFannouncing that he has applied BlackRock pushed the crypto market up. AVAX, which managed to throw above $ 11, is currently struggling to hold on to the support point. In Avalanche ( AVAX) what about technical analysis?
Where Is the Price Heading in Avalanche (AVAX)?
Avalanche (AVAX), which came to $ 10 weeks later, came to an upper resistance as BTC jumped above $ 25,500. The major coin, traded at $11.41, is holding at the 11.39 support. In the scenario where this support is maintained and BTC does not disrupt the flow of altcoins, the resistances of 14.34 – 16.45 – 18.50 and 20.21 dollars can be targeted for AVAX, respectively.
In the scenario where the fud news continues or BTC continues with a bearish trend, a test for AVAX to 10 dollars can be observed again. The $10 buyer-seller battle will determine AVAX’s price action in the medium term.
