Avalanche Price Prediction for June 3: AVE May Consolidate Below the $30 Price Level

AVAXUSD_2022-06-03_16-33-59



The Avalanche price prediction may set a bearish run as the RSI Indicator is about to cross while still below the level 40. This crossing might result in a downtrend.

Avalanche Price Prediction Statistics:
Avalanche’s current price: $22.98
Market Cap: $6.4 billion
Circulating Supply: 280.8 million
Total Supply: 04.2 million
Rank: 15

Key Levels:
Resistance Levels: $69.15, $32.08, $29.10
Support Levels: $55.08, $22.49, $21.22

Conclusion
It is possible that the Price action moves sideways for a while. However, if the price action should move towards the lower channel, this may bring the coin to the long term support levels of $55.08, $22.49, and $21.22.

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