Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. AVAX’s price action chalked a rising channel and an RSI divergence. AVAX’s Funding Rate and development activity declined. Thanks to its January rally, Avalanche’s [AVAX] value doubled from $10 to over $20. At press
![Avalanche [AVAX] investors on tenterhooks as trend reversal looms](https://images.cryptocompare.com/news/default/ambcrypto.png "Avalanche [AVAX] investors on tenterhooks as trend reversal looms")
