Will Avalanche (AVAX) Rebound? New Harmonic Pattern Signals Upside

The crypto market has been facing downward pressure as Ethereum (ETH) has dropped significantly over the past 30 days, impacting other altcoins like Avalanche (AVAX). Despite this decline, AVAX’s chart reveals a promising pattern that suggests potential price increases. [Source: Coinmarketcap]. This is not just any upward movement; it’s fueled by a clean harmonic structure in the 4-hour timeframe, hinting at a possible bounce.