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Avalanche (AVAX) Price Bounces Back Above $30 – Has it Reached a Bottom? thumbnail
Avalanche (AVAX) Price Bounces Back Above $30 – Has it Reached a Bottom?
cryptonews.net
Despite the bearish trend, AVAX trades in a corrective pattern and bounced sharply yesterday AVAX price has fallen since reaching a high of $50 in December 2023. the price creating a bearish engulfing candlestick the next week (red icon). Yesterday, AVAX fell to a low of $27.21 and bounced validated
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Top Highlights

  • Despite the bearish trend, AVAX trades in a corrective pattern and bounced sharply yesterday
  • AVAX price has fallen since reaching a high of $50 in December 2023.
  • the price creating a bearish engulfing candlestick the next week (red icon).
  • Yesterday, AVAX fell to a low of $27.21 and bounced
  • validated a long-term horizontal area from which the price previously broke out. AVAX is in the process of creating a long lower wick (green icon).

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cryptonews.net

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