Avalanche Price Prediction: AVAX primed for gains as altcoin nails its 37% measured move target

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Avalanche News

Bitcoin,Cryptocurrencies,Technical Analysis

Avalanche (AVAX) price, like most altcoins, is showing strength following the fourth Bitcoin (BTC) halving.

Avalanche price has soared 10% after nailing its measured move target of 37%.

. Also Read: Avalancheprice might need to drop 5% to 10% before price could rise 6% to 10% as part of a full-swing mean reversal. Multiple technical indicators seem to align, starting with the Relative Strength Index , climbing to show rising momentum. Its crossover above the yellow band of its signal line is in itself a buy signal, reinforced by the one about to happen on the Moving Average Convergence Divergence . Traders heeding this call to buy

 

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