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⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
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Where Is the Price Heading in Avalanche (AVAX)?
Avalanche (AVAX), which came to $ 10 weeks later, came to an upper resistance as BTC jumped above $ 25,500. The major coin, traded at $11.41, is holding at the 11.39 support. In the scenario where this support is maintained and BTC does not disrupt the flow of altcoins, the resistances of 14.34 – 16.45 – 18.50 and 20.21 dollars can be targeted for AVAX, respectively.
In the scenario where BTC continues to be bearish, a test of 10 dollars can be observed for AVAX again. The $10 buyer-seller battle will determine AVAX's price action in the medium term.
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