What’s Next For Avalanche Price Rally—Will it Rise to $30 or Drop to $20 in May 2025?

Consolidation in the market continues while Bitcoin stays within a narrow range. In the meantime, the Altcoins are also confronted with a small withdrawal, including avalanche, whose price of the local highlights has fallen at $ 26.88. In the times when the token has experienced the same bullish and bearish, this is something to be expected from the Avax price rally in the coming weeks.

Main support and resistance levels for Avax

The volatility of the token has increased since the price in the last quarter of 2024 jumped above the horizontal consolidation. In the meantime, despite the subsequent correction, the market participants seem to remain extremely bullish about the token, because the fast subnets of the network have been a game changer. It is therefore assumed that the Avax price will rise to $ 0.26 in the next 10 days if the momentum continues to build.

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Bullish Momentum and Price objectives Vooruit

Despite the Bearish pullback, the Gaussian channel Bullish remains, which keeps the bullish possibility alive. The price is the testing of one of the crucial supports on $ 22.75, which has been a strong resistance to erases since March. However, the MACD shows a decrease in the purchasing pressure with a possibility of a bearish crossover. However, the levels remain within the bullish range, so that the hope for a bullish reversal remains alive.

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It is therefore assumed that the avalanche price the average tires of the rising parallel channel of approximately $ 21.45 tests that can offer a strong base to activate a rebound. In the meantime, an increase above $ 28 could only increase the levels above the Bearish influence and an increase above $ 30 can restore a bull run to $ 50.

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FAQs

Which factors influence Avax -price movements?

AVAX -Price movements based on market sentiment, support at $ 22.75, resistance to $ 28-30, momentum indicators such as MACD and networkupgrades such as subnets.

Can Avax price reach $ 30 or higher soon?

If Avax breaks above $ 28 and $ 30, this can activate a bull run to $ 50.

Why are investors still bullish on avalanche despite withdrawal?

Despite recent corrections, high speed subnets and networkup grades have increased the trust of investors.

Credit : coinpedia.org