Is it good to invest in AVAX?

At press time, AVAX is trading at $70.65, a 0.51% increase in price in the last 24 hours. The utility token is currently trading below the 20-day moving average support price peg of $84.67. However, this bearish trade presents an excellent opportunity for investors to buy AVAX Coin .

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Will AVAX rise?

The next bullish forecast sentiment for Avalanche (AVAX) is estimated to reach $120 by June and will continue to grow about +6%, rising to $127 by December 2022 . It seems the expected maximum and minimum price can rally to stay around $115 and $150, respectively, by year-end.

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