🔥💥Positive signals from Avalanche (AVAX): Will the rise continue?

#Avalanche (#AVAX ), one of the important names of major coins, relieved its investors by receiving a reaction from the support area.

Bitcoin, which draws volatile price movements with halving and geopolitical tension, continues to create unrest in altcoins. In particular, the price structures in major coins attracted attention. Avalanche (AVAX), which has been going back and forth in the $ 33 band for several days, finally got a 10 percent reaction and sprinkled water into the investor audience and ecosystem. So can this bullish momentum in AVAX continue?

The curious wait of the Avalanche (AVAX) investor continues!

AVAX, which continued in this burning decline trend from $ 65, was able to show some strength with the reaction it received from $ 33. AVAX, which remains weak compared to other major coins, may receive critical news from the ecosystem if BTC moves to $ 70,000 or BTC dominance increases, respectively 38,53 – 43,64 – 48 – 55,10 – 59,42 and he can make an attack towards $ 65.51. In addition, the price movements of AVAX's biggest competitor Solana (SOL) may also be decisive. Oct.

Factors such as the Avalanche ecosystem remaining in the background, the continuation of geopolitical tensions, the decline of BTC or the increase in BTC dominance may pull AVAX to even lower levels. In such a scenario, a reaction can be expected from $ 33 first. If the buyers at this level are insufficient, there may be withdrawals up to $ 27.35 and up to $ 20 after that. The $20 band will play a critical role for the medium/long-term price structure.

#binance #AVAX✅