A fallout from the ascending wedge pattern signaled the continuation of the ongoing correction. Therefore, the aggressive selling from the traders breached the $67 local support and sank the (Avalanche)AVAX price to $55-$52 support. However, a bullish divergence in the RSI chart indicates the rising demand pressure at this support. Key points: The 20 DMA The post Avalanche Price Analysis: AVAX Price Retest Multi-month Support; Buy Now? appeared first on CoinGape.
