Trader Explains Why It Is Important For AVAX To Stay Above $16.85
Popular crypto analyst and trader, Michael van de Poppe, took to Twitter yesterday to share some of his thoughts on Avalanche (AVAX) and what the price of the cryptocurrency could do in the near future. In his tweet, van de Poppe also explored what could happen if AVAX’s price is able to stay above $16.85. AVAX / Tether US 4h (Source:TradingView) The tweet from yesterday mentioned that the support for AVAX was around $17.17 at the time. Van de Poppe concluded the tweet by stating that if AVAX could stay above $16.85, the price of the crypto will likely target higher prices. He also believes AVAX’s price could rise as high as $18.50 or even $19.50 if the crypto can stay above the aforementioned level. AVAX price (Source: CoinMarketCap) CoinMarketCap indicates that AVAX has been able to stay above $16.85 since yesterday despite a slight price decrease. At press time, AVAX is trading hands at $17.40 after a 0.88% price drop over the last 24 hours. During this time, the a...