Can Avalanche (AVAX) Reclaim $30? Top Analyst Predicts A Dip Before A Bounce

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Can Avalanche (AVAX) Reclaim $30? Top Analyst Predicts A Dip Before A Bounce - NewsBTC

Quick Summary:

Analysts and investors closely monitor AVAX’s price action as the market remains volatile. Related Reading: Avalanche (AVAX) Consolidation Continues As Funding Rate Signals Possible Market Shift Top analyst and trader Kaleo has shared his insights, predicting AVAX may dip further before a recovery occurs.

This forecast has caught the attention of many, given the current market conditions and the pressure AVAX faces. The coming days will be pivotal in determining whether AVAX can find support and begin its recovery or if it will continue to decline along with other altcoins.

Among them is top analyst and investor Kaleo, who has shared a detailed analysis of X, drawing comparisons between the current price structure of AVAX and its performance in 2021.