AVAX price predictions indicate a potential recovery target of $37-42 in the medium term as Avalanche approaches the critical resistance level of $31.25. Current market conditions show that AVAX is oversold, which may lead to a bounce from the recent low of $20.69. Analysts suggest that if the price can break through the $31.25 resistance, it could pave the way for a rally towards the higher target range. The timeframe for this movement is estimated to be within the next 4-6 weeks, contingent on market dynamics and investor sentiment.
