Expert Warns of Possible 60% Avalanche (AVAX) Drop, Triggering Price Concerns

Avalanche (AVAX) is facing scrutiny from crypto analysts who predict a potential price crash leading to losses as high as 60%. Following a recent dip above the $18 mark, AVAX could be heading for further decline. Crypto expert Ali, who shared his analysis on X (formerly Twitter), highlighted a technical setup indicating a possible 60% drop from its current price level.