The most important support right now is the $24 support. This level already served as support during the last crash, where some buyers were also encountered. If this level fails to hold going forward, things could turn dire for the Avalanche price which is why we are keeping a close eye on the $24 support. Meanwhile, before the $24 support breaks, the price could rally to around $40. However, a test of the $24 support is likely before the surge, so there could be a good entry point there.
We anticipate that the Avalanche price will break the $24 support in the coming months. As a result, the price could target the next support. This is around $10, which is why we consider a drop to around $10 to be realistic. This would mean another price loss of about 60%. Anyone who wants to invest in Avalanche should definitely be careful. Altcoins in general are very risky at the moment.
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