AVAX operates its heads after penetrating an important landmark line, which may mean that the trend of its price changes the direction. The best joint analyst on X, with a highlight of 12 % increase after pre -determined preparation.
The analyst emphasized the need to focus on the broader direction instead of short -term fluctuations, pointing to $ 27.00 and $ 28.50 as major resistance levels that could set the next AVAX price. With a history of high prices in the wake of a similar escape, the AVAX path attracts attention as traders evaluate whether it can maintain its momentum.
Avalanche scheme analysis: collapse signs of upward capabilities
AVAX prices indicate the reflection of the trend after breaking the long -term trend line. A similar outbreak in mid -2011 led to a strong gathering, and current chart patterns indicate a similar preparation.
Traders closely monitor whether the distinctive symbol can maintain its location higher than the level of penetration, as previous movements showed that keeping the main levels preceded other gains.
The current price structure shows AVAX approaching a large resistance area at $ 27.00, a level in which the sale pressure appeared in the past. If the price of AVAX remains stable above this threshold, the following test will be $ 28.50, which was a pivotal point for the price direction.
Avax resistance levels carry the key
Technical analysis indicates $ 27.00 as the first resistance, with $ 28.50 as the next main obstacle before the AVAX price creates a strong upward trend. Traders looking for confirmation of penetration will monitor constant purchase pressure and increase in size.
Historical price patterns indicate that collapses often lead to re -testing previous resistance levels before continuing their direction. If the price of AVAX scanned $ 27.00 and $ 28.50, it may determine its viewing at higher levels in previous market courses.
Also read: Cardano (ADA) shows a strong bounce – is this the beginning of the reflection of the trend?
Avalanche market expectations and the following steps
Crypto_Jobs stressed the importance of medium -term trend analysis, claiming an accuracy rate of more than 80 %. This is in line with the idea that short -term price fluctuations may not provide a complete picture, and merchants focus On whether the price of Avax can keep the key Levels.
Participants in the market will monitor a strong volume, continuous price procedures above resistance, and possible unification before another move up. If the price of Avalanche fails to collapse over $ 28.50, it may be incorporated or restored before trying another gathering.
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