In Avalanche (which fell more than 20 percent in a short time) AVAX) alarm bells continue to ring.
Coming to a strong resistance band on the big time frame AVAX , fell more than 20 percent after the selling pressure from here. It is currently below the weekly and daily opening price. AVAX alarm bells may be ringing. hovering around $ 16.66 major coins, especially the AVAX ecosystem to worrydropped it.
Appealing to large audiences in the crypto world AVAXHow can , sustain the next price action ?
Avalanche (AVAX) Chart Analysis
AVAX, which started a downtrend at $ 21.50, came to $ 16.66 with the dominant sellers. Currently priced below the monthly, weekly and daily opening value, AVAX offers hints that the decline may deepen. In the past, where buyers took an active role $15.99 – $15.72Level, AVAX’s next stopto the table again.
Upon the continuation of the crypto market in the form of an upward trend or the positive developments on the AVAX side, respectively, $18.22 – $19.33 and $20.40levels again targetable . AVAX, which has a large share in the crypto ecosystem, seems to have already made its investors curious about the next price action.
