At times when bitcoin is struggling to rise above 95,000 dollars, the ice breakdown price flashes huge potential for continued rise. The distinctive symbol has been formed for the highest in consecutive and lower levels level after rejection of the axial scope at $ 22. In a broader perspective, the bears seem to have carried a strong grip on the gathering, but the price of AVAX has a hidden oud difference that may remove the path over the local threshold.
The second AVAX price has been subjected to his successful rejection from the neckline area, which flashes a great opportunity to take short sites. With market bleeding, there is a high possibility that the price will fall towards the bottom goal that can complete a huge double pattern, which may lead to further damage to the high -term AVAX prices. Meanwhile, the technicians do not seem to have a tremendous decline, while narrow accumulation can prevail for some time.
The bears have restricted the gathering under $ 22 since the main decline in March, which seems to have drained the bulls. Moreover, the Bolinger ranges began to pressure with a lower sound level, hinting towards a decrease in volatility. Meanwhile, CMF or the flow of Chaikin funds caused a rise of a rise from the levels that have not been visited since July 2024. Every time the weekly CMF stops from its lowest levels to less than -0.15, it follows a significant rise with a rate of prices by approximately 200 %.
Thus, the price of AVAX can lead to a strong recovery if the levels exceed 20 dollars and last for a day or two. However, the health of $ 22 can be validated, which may increase the price to above $ 25 and verify a higher height of landing families. The failure to do so may keep the unified breakdown price less than $ 22 until it creates a huge upward bullity of the purchase of purchase on the encryption.
