Avalanche keeps the main demand area – the analyst determines the target of $ 30 if the momentum is carrying
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Avalanche has faced unnecessary sale of sales since mid -December, as it has spent more than 60 % of its value and erasing all the impressive November 2024 gains. Leaving the extended, extended trend of investors, not sure of its horizons near the period, as the entire market struggles to restore the foot amid constant fluctuation. However, the recent price procedures provide a glimmer of hope, as AVAX appears to be stabilized and find a strong demand at decisive levels.
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Supreme analyst Ali Martinez participated in major visions, with a highlight of the potential recovery scenario for the ice collapse. According to Martinez, AVAX maintains a critical demand area between $ 25.30 and $ 26.10. This level works as strong support, as it provides the necessary basis for changing market morale. If the price continues above this area, Avalanche may gain the momentum needed to mobilize the recovery, with the goal of $ 30 on the horizon.
The coming days will be pivotal for Avax as investors closely monitor the signs of strength or potential collapse. Although the remaining emotions from the remaining December, this demand zone can be the launch platform for a transformation, which sparked renewed optimism between the merchants and their long -term holders. Will Avalanche even get back? He will tell the time.
Avalanche prepares to recover
Avalanche was traded in a state of hesitation, with the options of the bulls to pay the price over the 27 dollar mark and a failure bears to push it down. This tension remained the war in this market in a narrow range, leaving merchants and investors not sure of the next main step. While some analysts are optimistic about a potential recovery, others warn of the continuation of the declining direction that has been afflicted with Avax since mid -December.
Martinez shared critical Visions on xShedding light that Avalanche maintains as much as the main demand area between $ 25.30 and $ 26.10. This level has been strong support over the past few days, preventing more negative side and giving Bulls an opportunity to organize a return.
According to Martinez, the demand area can provide this momentum to mobilize about $ 30. However, the price must first be wiped at the level of $ 27, which has proven to be a large resistance point. If AVAX is able to penetrate this level, he may follow a rapid march.
The next few days will be very important to make Avalanche prices. The bulls need to restore a brand of $ 27 to change feelings and attract more buyers. On the other hand, the loss of the main support area can lead to the continuation of the declining direction, which may take AVAX at low demand levels.
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Since the market is closely watched, all eyes revolve around whether Avalanche can mobilize strength in a recovery or undergoing pressure. This frequency paves the stage for the movement of potential explosives, and traders must remain cautious because the market finds its direction.
AVAX price test
Avalanche (AVAX) is trading at $ 26.7 after an increase of 7 % yesterday, indicating renewable efforts from Bulls to regain control of prices. The 27 dollar sign appeared as a decisive supply level, as it acts as a barrier to continue the upward movement. The bulls are currently focusing on restoring this level, which has maintained the price for several days. If AVAX is able to successfully pay it over the 27 dollar sign and wipe the 28 dollar resistance, the recovery march may gain momentum, which may push the price towards the mark of $ 30.
However, the current assembly faces challenges as the pressure remains strong at these main levels. The 25 -dollar support zone loss is likely to stop the recovery attempt and leads to more unification without the main width of AVAX. It can re -collapse less than $ 25 to the demand area of 23 to 24 dollars, prolonging the uncertainty surrounding it.
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The coming days will be decisive in determining whether Avax can maintain its recent gains and reflect its downward direction. Currently, Bulls must rely on yesterday’s momentum by restoring and holding a brand of $ 27 as support. This would pave the theater to penetrate over $ 28, which changes the market morale in favor of a wider recovery collection.
Distinctive image from Dall-E, the tradingView graph
