Avalanche (AVAX) Faces $8 Test as Analysts Warn of More Losses

Michael van de Poppe identifies $8 as a potential AVAX buying level, warning that further correction could follow broader altcoin weakness. Giannis Andreou sees 8.50–8.90 as critical support, with resistance at 10.00–10.50 shaping AVAX’s recovery prospects. AVAX could target $15.20 if resistance breaks, but losing $8.50 may weaken the bullish outlook and expose lower support levels. Avalanche (AVAX) faces competing price outlooks as analysts assess whether its recent recovery can withstand further selling pressure. Michael van de Poppe expects another correction and identifies $8 as a potential buying level.

Source: Crypto Front News