The crypto market correction has affected Avalanche (AVAX), with its price hovering around $36. Market predictions indicate that AVAX's bullish structure can be maintained if the price remains above $31.69. Breaking below $35.3 could lead to further decline. AVAX is currently trading at $36.74 with declining trading volumes. AVAX needs to overcome resistance at $42 to potentially rally to $55. Despite recent losses, AVAX remains popular among investors due to its performance in the 2021 bull cycle. AVAX is currently the 11th largest asset in the cryptocurrency market.



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