Cryptocurrency

Avalanche ($AVAX) Price Action Leading To 2024

Crypto superstar AVAX is knocking on the door at $20.65, the equivalent of a bouncer at a VIP party. Will you go inside and dance the night away, or will you be left outside in the cryptocurrency cold?

Imagine this: $AVAX is like a party animal ready to break free. If we can flip $20.65 from the barrier to the dance floor, we could witness an incredible 70% rally that would see $AVAX rise to $35.44. Talk about cryptocurrency salsa!

You can buy/sell/trade $AVAX on Bybit or OKX.

Let’s take a look at the $AVAX chart.

But there’s more! AVAX could go all out and hit the $40 weekly resistance level. It’s like reaching the VIP section of a cryptocurrency club, the ultimate party destination.

Now, if the Avalanche bulls can’t defend $20.65, it’s like AVAX forgot the invitation. The bullish expectations are gone and we see a 22% correction to $16.16. Is the party over?

AVAX has been on a roller coaster ride, rising 186% from September 25th to November 13th. This is like a cryptocurrency version of a winning streak. The $20.65 hurdle, the party hit of the past, has finally suffered defeat.

This breakthrough brings hope to AVAX holders. It’s as if the DJ just played your favorite song to signal that the upturn is real. If AVAX stays above $20.65, get ready for a 70% rally. This is a jump that will take your breath away.

Don’t leave yet. There’s more! $AVAX could aim higher, hitting $35.54 for a gain of 87%. It’s like the cryptocurrency party got an unexpected encore and everyone loved it.

Now, here’s the key. If AVAX slips and you can’t hold $20.65, it’s like the dance floor has suddenly become slippery. The bullish sentiment may fizzle out and a 22% correction may occur. Nobody likes a party, right?

final words

So, is $AVAX the life of the cryptocurrency party, or will it be stuck on the outside? Note the $20.65. It’s a call from the security guard!

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You might also like the recent Binance CEO content on $ETH and CZ trading.

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