Is Avalanche poised for a bullish price reversal

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Avalanche price gained 16%+ in the last week, but are positive media headlines enough to sustain the AVAX rally?

After spending nearly six months in a downtrend, AVAX price looks to be in the early stages of a trend reversal. On Aug. 5, it traded at $17.29, its lowest price in nine months. Over the past two weeks, the altcoin has reversed course with a 45% gain to $25.25. 

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