Avalanche Forms A Falling Wedge On The Daily Chart – Breakout Target Set At $56

Avalanche has faced intense selling pressure over the past two months, with its price plunging more than 42% since mid-December. The market remains highly volatile, driven by uncertainty, but recent signs of recovery suggest a shift in sentiment. After days of positive price action, AVAX is showing signs of strength, and analysts are watching closely for a potential breakout. Related source: https://www.newsbtc.com/news/avalanche/avalanche-forms-a-falling-wedge-on-the-daily-chart-breakout-target-set-at-56/