<ul data-eligibleForWebStory="false"><li>AVAX price is approaching a key technical level at $20 after a period of consolidation and resistance.</li><li>Technical analysis suggests a potential bullish reversal as the price presses against a long-term downtrend resistance.</li><li>AVAX is trading inside a symmetrical triangle, hinting at a decisive breakout point as the downtrend line holds as resistance.</li><li>Despite mixed on-chain metrics, technical analyses predict a potential breakout towards $55 if AVAX can clear the $20 level.</li></ul>

Avalanche (AVAX) Price Prediction: Chart Patterns Align for a Major Breakout Towards $50

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