Posted 3/11/2024, 10:30:00 PM
Avalanche Price Faces Crucial Test at $50 Level as Over 300,000 Holders Watch for Potential Breakout
- Avalanche price faces a key test at the $50 resistance level, which could determine future price trajectory
- Over 300,000 AVAX holders are waiting to become profitable if price breaks $50
- Technical indicators like RSI and MACD signal Avalanche price may be entering a bull run
- Breaking $50 could enable further rally, while failing could bring correction down to $44
- Investors and market conditions currently favor Avalanche breaching the $50 barrier
