Avalanche (AVAX) price lingers further in the red. The coin price is extremely bearish showing a downward trend indicating a pessimistic market forecast. Consequently, the AVAX/USD pair is fronting a resistance spotted at $25.15 and support seen at $23.18.
As of this writing, the AVAX/USD pair dipped to a new low that registered at $23.33 following a bearish overturn. Even though the token has spotted support at $23.18, the bulls are unable to thrust the price higher.
Avalanche Price Down By 5.70% Overnight
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Currently, the AVAX/USD pair is experiencing resistance at around $25.15. More so, the pair is seen to plunge further in the coming days. The price has nosedived by 5.70% overnight with its market cap now at $6,638,597,842. Further, the coin’s 24-hour trading