AVAX Could Retest $100 Ahead of the Avalanche Summit in Spain

Avalanche has a Pending Death Cross on the Daily Chart

However, a second glance at the daily AVAX/USDT chart reveals that the digital asset has a death cross on the horizon. The 50-day moving average (white) looks set to cross the 200-day moving average (green) sometime this week.

Therefore, caution is advised when longing Avalanche (AVAX) on the various futures platforms.

Source: Read Full Article