Top Indicator Flashes A Buy Signal

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Avalanche (AVAX) is now testing a critical support zone at the $20 level after a strong 55% surge from local lows registered in early April. This level could determine the next phase of price action, as bulls aim to reclaim control and push prices into higher territory. Holding this support is essential to maintain the bullish momentum built over the past few weeks. Related Reading However, macroeconomic tensions and persistent global market volatility continue to weigh heavily on investor sentiment. With financial markets responding to rising geopolitical uncertainty and interest rate concerns, altcoins like Avalanche face mounting pressure. Despite the headwinds, some analysts remain optimistic. Top crypto analyst Ali Martinez recently shared a technical setup highlighting that AVAX is bouncing off the 200-day Simple Moving Average (SMA) on the 4-hour chart — a level often watched closely by traders. According to Martinez, this bounce could act as a pivot point for bulls, especially if volume increases and price action confirms strength above short-term resistance. A clean move higher from here could reignite AVAX’s uptrend and bring it back into focus as one of the leading altcoins in the Layer-1 ecosystem. The coming days will be crucial to confirm the direction. Avalanche Bounces From Key Level As Bulls Regain Momentum After months of volatility and sustained selling pressure, Avalanche is trading at a pivotal juncture that took the asset down from its earlier highs. Despite the difficult environment, sentiment appears…