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After 95% Crash, Avalanche Forms High-Timeframe Reversal Structure

AVAX
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TL;DR:

After enduring a brutal 95%+ drawdown from its 2021 peak, Avalanche is now showing early signs of a potential high-timeframe reversal. With price stabilizing at macro support and forming an emerging Elliott Wave structure on the weekly chart, the current phase could mark a critical turning point in...

Key Points:

  • After 95% Crash, Avalanche Forms High-Timeframe Reversal Structure
  • Involves AVAX cryptocurrency

    • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development could influence AVAX price action and market sentiment in the near term.

    After 95% Crash, Avalanche Forms High-Timeframe Reversal... | NewsCR