The price of Avalanche (AVAX) has surpassed the support level of $22 and broken through resistance at $30, indicating a bullish trend for the altcoin. There is a prediction that AVAX could reach a high of $40, and if the positive momentum continues, it could rise to $60 after breaking through the $40 barrier. However, if buyers cannot sustain the upward momentum, AVAX may fall back to its previous range of $20 to $30. The altcoin is currently oscillating above the moving average lines but below the $38 resistance level. It is advised for readers to conduct their own research before investing in AVAX.
- Content Editor ( coinidol.com )
- 2024-11-19
Avalanche Bounces Back But Remains At $34