$AVAX Analysis Update: Second Best Buying Zone

AVAX is now ranked 14th on CoinMarketCap. Despite the significant drop in the crypto market, it hasn't broken the lows of its large accumulation zone of over 300 days.

In previous analyses, we mentioned that AVAX was still in good zones for accumulation, and as long as it doesn't break strongly below the 18 zone, we would continue accumulating at these levels. We had left a buy order in the 22 zone in case the price retested those levels.

This is my analysis. Do your own analysis and, if you're afraid, use a stop-loss. This crypto is at the support levels of 23. For me, we are in the second-best buying zone within this accumulation range. For the coming months, we are speculating on a move that will take us to the top of the range in the 50 zone. For the next bullish move, when it breaks the range, we speculate prices for AVAX above 100.

Remember, it's very difficult to buy at the lowest price. After it goes up and breaks the range, up there is where you should buy another.