MarketIntel

Avalanche: The Very Hungry Caterpillar ๐Ÿ›

BINANCE:AVAXUSD   AVAX
You know the childrenโ€™s book The Very Hungry Caterpillar by Eric Carle? Just like the storyโ€™s protagonist, Avalanche is crawling around with wriggly movements and is repeatedly gnawing at the turquoise zone between $25.29 and $39.63. If the altcoin wants to further our primary scenario, though, it should pupate soon and emerge as a beautiful butterfly, flapping away above the resistance at $103.64. However, there is also a chance that Avalanche could lose its footing and drop below the resistance at $9.25, which would then elicit a strong downwards spiral.
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