Avalanche (AVAX) Price Analysis
The sell-off intensified on April 1 as bears pulled the AVAX/USDT pair towards the $50 support level. This is a key level to watch as a break below it could accelerate the sell-off and pull the pair to $42.
This negative view will be invalidated in the short term if the price rises and breaks the downtrend line. The pair is likely to move towards $60 before attempting a rebound towards the overhead resistance at $65.
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