Avalanche price prediction

Avalanche $AVAX  bounced off the moving averages on May 8 and reached the overhead resistance of $23.50 on May 9.

Sellers are expected to defend the $23.50 level with all their might because a break and close above the resistance could clear the path for a potential rise to $28.78 and, after that, to $31.73.

On the contrary, if the price turns down sharply from $23.50 and breaks below the moving averages, it suggests that the AVAX/USDT pair may extend its stay inside the range for a few more days. #AVAX