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?
With a large audience in the crypto industry, both in terms of technology and market, AVAX, on your Ethereum ( ETH ) reached serious prices with its rise. Coming to an important threshold in a wide time interval AVAX , aroused curiosity in its investors for its next move. In the past weeks, we have not exceeded this price range. major coins , had a decrease from $ 21 levels to $ 14 levels. Depreciated by 36% AVAX , it came to $ 21 levels again. The popular coin, which has been under selling pressure from these levels for now, brought critical questions behind it.
Avalanche (AVAX) Chart Analysis
Coming to the price band it had tested weeks ago. AVAX appears to have entered a critical period. It started a 36 percent drop scenario when it last reached this price range. AVAX , came up again. After breaking the $22 level in the popular coin, 23.66 – $26.30 levels can be expected, respectively.
If a graph is formed as in the previous processes, on AVAX Initially, the $20.17 and $19.33 levels can be expected to act as support. 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.
