Avalanche could test and bounce from key support as technical indicators show oversold conditions, and a potential for volatility breakout. Avalanche (AVAX) is weathering a chilly downturn. Over the last day, AVAX has slipped 6.6%, landing at $14.57. But the real story unfolds when looking at the week: a 16.9% avalanche of its value has investors on edge. Zooming out …
Read More »Tag Archives: AVAX
Avalanche (AVAX) Risks Deeper Losses as Investor Interest Fades
AVAX price struggles near $18.50 support as long liquidations and bearish pressure grow quickly. Open Interest, funding rates, and weak indicators suggest capital is leaving while sellers hold control. Avalanche (AVAX) stayed on the edge Wednesday with the price falling 2% to reach $18.67. It makes the token cling precariously to a strong support line that has remained in place …
Read More »