The declines in Bitcoin (BTC) have greatly shaken altcoins, where is the price of Avalanche (AVAX) going, which has pinned a critical support?
of bitcoin The lack of volume at the weekend and the systemic problems seen in crypto exchanges swept the foot of altcoins. Priced above $15.41 for a while, Avalanche ( AVAX ), it fell below this value weeks later. AVAX, which is currently above this value again, may face sharp decreases if the support is broken.
Avalanche (AVAX) Chart Analysis
who shot under critical support a few hours ago AVAX , by throwing it above this level again, relieved its investor a little bit. The coin, which turned its route up after hanging below $ 15.37, If this level is broken to the downside, it could drop as low as $13.87.
In order to revive Avalanche, which has a serious audience in the crypto ecosystem. on AVAX Breaking the 18.22 – 19.33 – $ 20.40 and $ 22 resistances, respectively, can be followed in the name of big rises. If the market continues to decline or the negative news flow from the Avalanche ecosystem, decreases to 14.53 – 13.87 and 12.04 dollars can be observed.
