$AVAX
🚨 Avalanche coin price prediction 🚨
Avalanche took support at the 20-day EMA ($22.78) on May 15, indicating buying on dips.
The 20-day EMA continues to slope up, and the RSI is in the positive territory, signaling an advantage to buyers. The bulls will have to drive the AVAX/USDT pair above $26.84 to open the doors for a rally to $31.73 and subsequently to $36.
Sellers are likely to have other plans. They will try to pull the price below the 20-day EMA. If they manage to do that, it shows that the markets have rejected the breakout. The pair may slump to the 50-day SMA ($20.57).
