Avalanche Price Analysis

Avalanche

AVAX

tickers down

38.51 €

is attempting to start a recovery, which is expected to face strong resistance at the Moving Averages

If the price drops from the moving averages, it will suggest a negative sentiment. Bears will try to push the AVAX/USDT pair below the support level of 36 dollars. If they succeed, the pair could slide down to 30.50 dollars.

If buyers want to prevent the drop, they will have to push and maintain the price above the 20-day EMA (43.26 dollars). The pair could then attempt a rally towards the upper resistance zone of 51 to 56 dollars.$AVAX #avax