The avalanche (AVAX) has been faced with incessant sales pressure since mid-December, its price falling by more than 60% and erasing all the earnings of its impressive gathering of November 2024. This strong drop left the investors on The edge, fueling fear and uncertainty while the avalanche reflects the lower trends observed on the wider market of cryptography. Doubts about Avox’s potential to recover and generate important gains began to dominate the feeling of the market, which lets many wonder if a rebound is possible in the short term.
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However, in the midst of this uncertainty, there are signs that the avalanche could prepare for a turnaround. According to key measures shared by high -level analyst Ali Martinez, Avalanche shows promising signs of a potential rebound. Martinez underlines that a key technical indicator has flashed a purchase signal on the weekly graph, offering a glimmer of hope for a rally of recovery. This signal suggests that Avax could approach a background, and if the market conditions align, it could mark the start of a new bullish phase.
Like the The market remains volatileAll eyes are on avalanche to see if this purchase signal can translate into a sustained high momentum. Investors are cautiously optimistic, hoping that ADAX can overcome the current challenges and recover its bullish potential.
The avalanche indicator indicates a potential tendency reversal
The avalanche (AVAX) was stuck in a state of indecision because the bulls do not recover the $ 27 mark, while Bears has trouble lowering the price lower. This rope shot reflects the broader uncertainty of the cryptography market, leaving the avalanche at a critical moment. Analysts are divided on the next movement for Avx, some predicting a massive recovery rally while others provide for a continuation of the downward trend that has grasped the market since mid-December.
Upper analyst Ali Martinez added to the discussion by sharing a Technical analysis on XTThe hat reveals promising signs for avalanche. Martinez underlines that the sequential TD indicator, a tool widely used to identify the exhaustion of trends and potential price reversals, has flashed a purchase signal on the weekly graphic. This is important because weekly signals have more weight and often suggest the possibility of long -term reversals.
If the bulls capitalize on this signal and push the price above the resistance level of $ 27, it could trigger a wider recovery phase. On the other hand, non-compliance with the current levels can cause additional consolidation or movement while the bears are trying to regain control.
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The next few days and weeks will be crucial for the avalanche, because the price action will validate the Haussier signal or will strengthen the dominant downward feeling. Investors closely monitor the level of $ 27 and the implications of the TD sequential signal, as it could mark the start of a long -awaited recovery rally for Avx.
Avax Price is consolidated between key levels
Avalanche (AVAX) is negotiated at $ 25.6 after several days of indecision and consolidation in a narrow range, stuck below the level of resistance of $ 27 and above the $ 23 support area. This tight range reflects the continuous uncertainty of the larger market while the bulls and bears are fighting for control.
The bulls are faced with a crucial test at current levels. They must maintain the support area of ​​$ 25 and create a momentum to push Avx above the resistance level of $ 28.7. The rupture and recovery of this brand as a support would confirm a trend reversal, signaling the start of a potential recovery rally. A successful breakthrough greater than $ 28.7 could attract more buyers and lead to a higher price levels.
However, sales pressure remains a significant risk for Avx. If the price loses the level of support of $ 23, the downward trend that has dominated since mid-December could continue. Ventilation lower than this beach would probably take AVAX in lower demand areas, $ 20 being the next level of critical support.
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The next few days will be essential for the avalanche, because the price must either recover higher levels to modify the lowering narrative or risk more as the market is up to permanent fear and uncertainty.
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