AVAX forms weekly Elliott Wave structure after 95% drop, with targets at $33, $58, $97, and $147 if $5.50 support holds. Avalanche (AVAX) is trading inside a multi-year descending channel that began after its 2021 all-time high. A recent technical analysis shared by CryptoPatel outlines a long-term Elliott Wave structure forming on the weekly chart. … Continue reading Is AVAX at a Macro Bottom? 2,400% Upside Scenario Explained