🚀 Avalanche price analysis- Cointelegraph

🔽 Struggling Bears
Avalanche fell below $21.80 on August 4, but bears are struggling to hold these lower levels. The AVAX/USDT pair has rebounded from $17.29 to $21.80. If bears turn $21.80 into resistance, the price might drop below $17.29, potentially reaching $16.

🚀 Bullish Potential
If Avalanche rises above $21.80, it indicates bears are losing control. The pair could then climb to the moving averages, a crucial level to watch.