The Avalanche ecosystem is going through a critical period as three board members have resigned from the Avalanche Foundation and its subsidiaries. Despite their departure, they remain committed to Avalanche's development. Meanwhile, the AVAX token has been experiencing significant price declines, with a 3.73% drop in the past 24 hours and a -9.78% decrease over the past week. Technical indicators suggest a bearish trend, but there are signs of possible stabilization. Analysts suggest a potential bullish reversal if support levels hold, with mid-term price targets of $43.84, $58.06, and $80.03. However, failure to sustain the current support level may lead to further declines. Readers are advised to exercise caution and this article is for informational purposes only and should not be considered financial advice.



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