- AVAX price continues to trend downwards as price remains bearish with price trading on key support.
- AVAX trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs.
- The price of AVAX needs to break and hold above the key resistance of $30 to resume bullish price movement.
The price of Avalanche (AVAX) continues to struggle to discover its bullish trend as the price fails to break the key resistance of $30 against tether (USDT). The previous weeks saw the crypto market cap as good as Bitcoin (BTC) prices and other crypto assets. Still, the price of Avalanche (AVAX) continues to struggle to join the green party as the price continues in its downtrend movement. (Data from Binance)
Avalanche (AVAX) Price Analysis On The Weekly Chart.
Despite showing some great price movement in
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