AVAX price may drop below $15. TAMA goes up

The Avalanche price forecast reveals that AVAX may be on the downside as the dip is likely to worsen.

Avalanche forecast statistics:

• Avalanche Price – $17.99
• Avalanche market cap – $5.3 billion
• Avalanche circulation supply – 295.7 million
• Total Avalanche Supply – 404.2 million
• Avalanche Coinmarketcap Ranking – 16th

AVAX/USD Market

Main levels:

Resistance Levels: $25, $27, $29

Support levels: $14, $12, $10

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AVAX/USD may be unable to follow the bullish move as the coin is trading below the 9-day and 21-day moving averages. Avalanche’s price is currently trading at $17.99 and could fall if it breaks below the lower end of the channel.

Avalanche may head south, but Gyokudoumo remains upward

Avalanche prices are moving sideways and a bearish move below the moving averages could increase short-term selling pressure, with key supports likely around $14, $12, $10 On the other hand, a bullish move towards the channel upper end could reach the next resistance levels of $25, $27 and $29.

However, the technical indicators may start another bearish session as the Relative Strength Index (14) has broken below the 40 level. However, it is not clear how long the session will last as both bullish and bearish sessions have been frequent in recent weeks. It is important to monitor the level of

Against Bitcoin, the market price is below the 9-day and 21-day moving averages as the coin is trading around 9143 SAT. Conversely, if the coin breaks out of the moving averages, the bulls are likely to push the price higher.

On the other hand, if the market breaks below the channel lower bound, the price could reach the next critical support below 8000 SAT. On the bullish side, an upside is likely, pushing the market towards the upper end of the channel and potentially reaching resistance levels above 1140 SAT. As revealed in Technical Indicators, the Relative Strength Index (14) may start following downward movement as the signal line crosses below the 35 level.

The Tamadoge team said the move aims to make investing in TAMA easier and safer. These users may be confident in converting fiat to crypto, so Tamadoge should secure this deal with his Transak. One of the strongest pillars of any project in the web 3.0 and crypto sector is having a strong team to ensure the success of the project. His website at TAMA reveals that Thomas Seabrook is the lead developer for his Tamadoge, with Carl Dawkins responsible for growth. Other members of the Tamadoge team include Neil Palethorpe and Siphamandla Mjoli, who joined as Senior Interaction Designer and Senior Blockchain Developer respectively.

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