Avalanche has been faced with incessant sales pressure since mid-December, destroying more than 60% of its value and erasing all the gates of the impressive gathering of November 2024. The prolonged downward trend left the uncertain investors of Its short -term prospects while the entire market has trouble regaining feet in continuous volatility. However, recent prices action offers a glimmer of hope, because Avx seems to stabilize and find high demand at crucial levels.
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The higher analyst Ali Martinez shared key information, highlighting a potential recovery scenario for avalanche. According to Martinez, Avx is above a critical request zone between $ 25.30 and $ 26.10. This level acts as solid support, offering the foundations necessary to move the feeling of the market. If the price continues to hold above this area, Avalanche could gain the necessary momentum for a recovery rally, with a goal of $ 30 in sight.
The next few days will be Pivot for Avx While investors look closely for signs of strength or a potential breakdown. While the lowering feeling of December persists, this demand zone could be the launch of a turnaround, aroused a renewal of optimism between traders and long -term holders. Will Avalanche finally bounce? Time will tell us.
Avalanche ready to be resumed
Avalanche was negotiated in a state of indecision, the bulls unable to push the price above the $ 27 bar and the bears did not drop it below. This rope shot kept the market in a tight fork, leaving merchants and uncertain investors of the next major decision. Although some analysts are optimistic about a potential recovery, others warn against a continuation of the downward trend that has tormented the AVAX since mid-December.
Martinez shared criticism Overview on XStressing that AVALANCHE holds above a key request zone between $ 25.30 and $ 26.10. This level has acted as a strong support in the past few days, preventing more disadvantages and giving Bulls the opportunity to make a return.
According to Martinez, this request zone could provide the necessary momentum for a gathering to the $ 30 mark. However, the price must first release the level of $ 27, which has proven to be an important point of resistance. If Avx manages to cross this level, a gathering could follow quickly.
The next few days will be crucial for the action of avalanche prices. Bulls must recover the $ 27 mark to move the feeling and attract more buyers. On the other hand, the loss of the key support zone could lead to a continuation of the downward trend, which has potentially took Avx in lower demand levels.
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While the market looks closely, all eyes are on the question of whether avalanche can bring together the strength of a recovery rally or succumb to additional sales pressure. This indecision opens the way to a potentially explosive decision, and traders should remain cautious because the market finds its management.
Avax Price Price Crucial Supply
Avalanche (AVAX) is negotiated at $ 26.7 after an increase of 7% yesterday, reporting efforts renewed by bulls to regain control of price action. The $ 27 bar has become a critical level of supply, acting as an obstacle to an upward movement. Bulls are currently focusing on recovery of this level, which has maintained the price for several days. If AVAX can manage to exceed the $ 27 mark and erase the resistance of $ 28, a recovery gathering could take momentum, which could cause the price to the $ 30 mark.
However, the current rally is faced with challenges because the sales pressure remains strong at these key levels. The loss of the $ 25 assistance zone would probably stop the recovery attempt and lead to additional consolidation below the key supply range that Avax is currently testing. Ventilation less than $ 25 could bring Avalanche to the request zone from $ 23 to $ 24, extending the uncertainty surrounding its short -term management.
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The next few days will be crucial to determine if Avx can maintain its recent gains and reverse its downward trend. For the moment, the Bulls must rely on yesterday’s momentum by recovering and holding the brand of $ 27 as a support. This would prepare the ground for a break greater than $ 28, changing the feeling of the market in favor of a wider recovery rally.
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