AVAX Price Prediction: Under a bearish flag for the most part of 2023, the AVAX coin price brings a banger comeback. Rising more than 40% in the last three days, Avalanche performs exceptionally well in the altcoins sector. Ranking amongst the top gainers this week, the crypto continues to head higher, aiming to reclaim the $20 mark. So, will the altcoin rally continue for AVAX to surpass $20 or a pullback is imminent?
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Is AVAX Heading to $20?
A high supply zone at $21.6 hints the Avalanche price may tumble 10% before finding significant support
A potential breakout from $21.6 will make a new higher AVAX price one of the key traits of the bullish trend.
The intraday trading volume in Avalanche coin is $584.2 Million, indicating a 341% gain.
Source- Tradingview
Maintaining a larger trend of lower high formation, the Avalanche coin price action formed a falling wedge in the daily chart. Dropping under the psychological m
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