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Avalanche (AVAX) Faces Potential Drawdown Amid Investor Uncertainty

AVAX Technical Analysis

Avalanche (AVAX) price may experience a downturn as investor support dwindles, with the altcoin struggling to surpass the $40 mark. The lack of momentum could lead to a consolidation phase, potentially halting AVAX’s ascent towards $45. Sell Signals Detected: The divergence between price and daily active addresses (DAA) serves as a warning sign, indicating a …

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