The current bear cycle from the $100 resistance tumbled the Avalanche(AVAX) price by 16%. The altcoin hit the combined support of 50-and-200 DMA, preventing further losses for the coin holder. However, the trades actively respond to an ascending triangle pattern, indicating that the price is likely to bounce back from the support trendline. Key points: The post Avalanche Price Prediction: Triangle Pattern Could Push AVAX To $1.23 Mark appeared first on CoinGape.
