The price of Avalanche (AVAX) is currently around $25.6, and everything seemed to be heading towards a break and a consolidation above $27+, but… Jerome Powell is speaking tomorrow 😑
💬 If the rhetoric is tough (and that's quite likely), crypto, including AVAX, could drop sharply.
👉 Possible pullback — down to $24, in the worst case — down to $22–23. So, let's not panic, but fasten your seatbelts.
🔥 Good news — if the drop is not critical and the market quickly recovers, then:
• By the end of July, a return above $26–27 is possible 📈
• In August — a real chance to break $30+ 💪
Conclusion: tomorrow — possibly a red day. But this could be a great entry point before a new rally.
We are watching Powell, and then — preparing trades 😉🚀
📌 DYOR: This is not financial advice. Always do your own research before investing.
Wishing everyone a good mood and profitable trades!!!