Known for its lightning-fast transactions, Avalanche (AVAX) is a rising star in the crypto world. Our latest analysis, direct from Crypto Insiders’ premium environment, focuses on the AVAX price and examines recent market movements and what this means for the future.
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Technical analysis Avalanche Price (AVAX).
Crypto Insiders analysts recently published a new AVAX analysis in the premium environment. They emphasized the following points:
“AVAX has seen a significant increase, rising from $8 to $24 in just over a month. With this move we see an Elliott wave pattern forming at 12345 with $24 marking the wave 3 high.
Currently, we are witnessing a small correction from this peak to the green buy zone, which is between $18 and $20. This is a price area where we are interested and considering buying AVAX. In this zone we expect the conclusion of wave 4.
Once Wave 4 completes, we expect an upside Wave 5 to begin. We are optimistic that this will take us into the blue zone just above $26, with a new high in sight for AVAX.”
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