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Avalanche (AVAX) Technical Analysis: AVAX Price Eye’s at a 30% Jump Soon!

AVAX

Key Takeaways

Avalanche (AVAX) Technical – Analysis for the Month

The price has maintained a significant descending trend since the beginning of the month. The price appears to be poised to flip the trend soon as it consolidates healthily. With a slight change in the market trend, the price may quickly flip the bearish consolidation.

Initially, the price may try hard to seal the levels above INR 6500 which may ignite an uptrend beyond INR 7200 by the end of April. On the other hand, if the asset faces a rejection, the price could be restricted below INR 7000.

AVAX/INR Technical-Analysis for Short-Term

Source: Tradingview

Read long term technical analysis of AVAX here.


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