The V-shaped recovery in the AVAX/USDT pair shows a bull cycle within the ascending triangle pattern. The bullish rally pushed the coin price to a $22-21.2 mark to rechallenge this weekly resistance. Furthermore, a decisive breakout above the mentioned barrier would trigger the triangle pattern for a potential rally to the $27.8 mark. Key points: 

The post AVAX Price Analysis: Reversal within this Pattern may Lower AVAX By 15% appeared first on CoinGape.



Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

Top U.S. Banks Weigh Lawsuit Against OCC Over Crypto Firm Charters

Major U.S. banks are weighing a lawsuit against the Office of the Comptroller of the Currency (OCC) over crypto firm charters. The Bank Poli...