Avalanche has been in a downtrend now currently oversold on the daily coming off of recently new all time highs. AVAX looks like its been cooling off. Its about to test the low end of this ascending channel. We'll see if this channel holds. Currently trading under point of control. AVAX is still going to be a strong cryptocurrency this cycle. The Avalanche ecosystem is greatly expanding fast. Keep a look out for AVAX, may be priming to set up for another new all time high if it holds this ascending channel. Cheers!
Local Support Zone: $57.30 - $59.90
Point of Control: $63.75
Local Support Zone: $57.30 - $59.90
Point of Control: $63.75
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