On November 30 and December 22, AVAX price made two swing highs of $127.69, forming a double top reversal pattern. This scenario is frequently followed by an upswing reversal. The altcoin will fall to the 62 percent and 70.5 percent retracement levels of $95.23 and $90.79, respectively, if this barrier is broken and selling pressure increases. This decline will result in a loss of 25% in total.