AVAX Price Prediction: Can AVAX Retain $50 Amid a Retracement? 📉💰

Irma - Feb 27 - - Dev Community

AVAX rebounded from $20, tested $50, but faced profit booking, leading to a retracement. Despite this, it's showing strength, hinting at a breakout above $50 soon. 📈

Trading near the 50-Day EMA support, AVAX might dip to $30 or rise to $45 and $50 with a pullback. The trend is neutral until $50 is breached. 💼

At $36.88, AVAX shows neutrality with increased trading volume. Analysts are bullish, expecting volatility and a retest of $50. 🔍

Forming a symmetrical triangle, AVAX awaits a bounce towards $40. RSI indicates a rebound, while MACD reflects volatility. 🔄

Bouncing from lows, AVAX accumulates buyers, aiming to crack $50. Volatility persists as it eyes a bullish move above $50. 🚀

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