In Brief Avalanche’s price recently broke out of its consolidation within $39 and $31, which it might fail. Market cues suggest a decline is next for the altcoin as the MACD is close to a bearish crossover. Nearly $409 million worth of AVAX is sitting between $37 and $41, awaiting profits, creating resistance. Avalanche’s (AVAX)…
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In Brief Avalanche price will potentially continue the ongoing decline as Death Cross takes place on a 12-hour chart. Price indicators are also suggesting that bearish cues are gaining strength. Investors do not seem to be very bullish either, given their sentiment is mostly pessimistic. Avalanche (AVAX) price is among the few altcoins showing signs of…
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