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#Can the October upward trend arrive as expected?
Avalanche (AVAX) Price Analysis
The AVAX bulls have been dominating the rally ever since the token reversed from a bearish trend and is trying to rise above the average range
After rising above the average bands of the rising parallel channel, the price is experiencing a small upward pressure
If the bulls manage to push the prices higher, the RSI may break above the range and validate a bullish breakout
This may elevate the levels to the upper resistance of the channel at around $31 which is coinciding with the 200-day MA
A failure may lead the price to face rejection, causing the AVAX price to drop back below $24 in the coming days.unnamed