AVAX Coin price prediction: Is there a 40% explosion in the queue?


On the weekly chart, Avalanche is testing the upper trend line of the large symmetrical triangle formation it recently broke upwards as support. This leaves the AVAX Coin market in a bias conflict. However, a decline at the upper trend line could accelerate sales. Alternatively, a bounce from the same level could trigger a strong price recovery period. In the event of a bounce, the next upward target for AVAX Coin would be around $63. Meanwhile, a decisive close below the upper trend line of the triangle could lower the price towards the lower trend line support and potentially meet the $25 support of June 2024.
#Next 100x coin?
AVAX-0,23%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)