Avalanche (AVAX) Price Prediction: Bullish Divergence Signals Potential Breakout to $20 Recovery Zone
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Avalanche's AVAX shows bullish divergence patterns as technical indicators hint at momentum shift.
The Setup for Recovery
Chart formations suggest AVAX could challenge the $20 resistance level—a critical psychological barrier that's been elusive since the last market downturn. Technical analysts spot the classic signs: higher lows forming while volume patterns confirm institutional accumulation.
Why $20 Matters
Breaking through $20 opens the path toward previous support-turned-resistance levels. Market makers watch this zone like hawks—because let's be honest, in crypto, technical analysis sometimes feels like reading tea leaves with extra steps.
The divergence emerges as trading volumes pick up steam, suggesting this isn't just another false breakout attempt. AVAX bulls need sustained momentum to prove this isn't just another 'this time it's different' moment in an asset class known for making promises it can't always keep.