Avalanche Price Analysis: Can Channel Breakout Lead AVAX To $38?

Avalanche(AVAX) price has steadily fallen, responding to a falling parallel channel pattern. The downward spiral dumped the altcoin to a $14 low, offering enough demand pressure for another bullish cycle within the pattern. Can the potential rally hit the $38 mark? Key points: The AVAX jumps from $14 support with a tweezer bottom candle Falling

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Author: toutiao