Avalanche(AVAX) Price Breaks the Descending Trend, Will it Make it to $30 this Month?

The post Avalanche(AVAX) Price Breaks the Descending Trend, Will it Make it to $30 this Month? appeared first on Coinpedia — Fintech & Cryptocurreny News Media| Crypto Guide

Avalanche price after a month-long consolidation rose by more than 10% in the past couple of days. The price is primed for a minor pullback after a strong upswing but the bullish momentum may be sustained. Therefore, the asset appears to be primed to maintain a significant upswing within an ascending channel and reach the target set at $20 initially and later at $30.

The AVAX price recently got rejected from the price zone between $22 and $23 and was expected to test the bottoms at $12 to $14. However, the price after dropping just below $15 quickly rebounded and is currently on its way to securing levels above $20. With the price going parabolic, the price is expected to surge magnificently beyond $30 soon.

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