AVAX Price Movement: Potential Breakout Ahead
AVAX price correction prompts attention below $30, with a potential double bottom formation indicating a reversal. A breakout may propel prices towards $50 or higher.DunkiMunki New Memecoin On BINANCE CHAIN,...
AVAX price correction prompts attention below $30, with a potential double bottom formation indicating a reversal. A breakout may propel prices towards $50 or higher.
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Avalanche’s AVAX has experienced a price correction, delaying its goal of reaching $100 and prompting concern about avoiding a drop below $30. With a 50% decline in the downward trend, the altcoin seems to be forming a falling channel pattern on the daily chart. Buyers are working to keep the price above $30, while there’s a growing feeling that the market sentiment could shift from bearish to bullish. Amidst rising expectations for an altcoin season, AVAX’s potential to reach $100 by year-end is becoming more promising.
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