@BOMBERuss 14 December 2021 more from that month

Trader Michael van de Popper claims that the Avalanche token (AVAX) can become the main competitor of Ethereum next year and show high profitability. According to the analyst, at the moment Avalanche is in the correction phase after a rise in price of almost 120% in November. Then the altcoin price updated the historical maximum at $ 144. On December 14, the cryptocurrency is trading at $81.5, and its capitalization is $19.7 billion, according to CoinGecko. According to van de Poppe's forecast, the price of the Avalanche token may decline to the level of $75 and $55, where important support levels are located. After the accumulation of volumes, altcoin is able to quickly restore its value, and next year it will rise in price to $ 370 (an increase of 354% from current levels), the trader claims.