Avalanche (AVAX) has shown a significant decline, with its price dropping by 3.48% against the US Dollar in the last 24 hours, underperforming the broader cryptocurrency market, which saw a 4.56% decrease. Over the past month, AVAX has experienced a substantial 38.10% decline, and it is down 40.42% compared to a year ago. Currently trading at $24.01, AVAX is expected to decrease by 8.34% in the next five days, reaching a predicted price of $22.81. The market sentiment remains bearish, with 84% of indicators signaling a negative outlook. Investors should exercise caution as the market remains volatile.