Avalanche 'bull trap' risks pushing AVAX price down by 30% in February
February 02 2023 - 11:07AM
Cointelegraph
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvMjUyMWY1YWItZDgxZS00MDJkLTkwMTgtN2M4MDEwOGViNzE2LmpwZWc=.jpeg)
The price of AVAX has more than doubled in 2023 but a growing
divergence between several key metrics hints at a bearish reversal
ahead.
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AVAX price down by 30% in February
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Avalanche 'bull trap' risks pushing AVAX price down
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Avalanche (COIN:AVAXUSD)
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Avalanche (COIN:AVAXUSD)
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From Jul 2023 to Jul 2024