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AVAXUSD Avalanche

36.96
-0.660 (-1.75%)
14:20:23 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Avalanche AVAXUSD Crypto 13,133,751,340 Not Mineable
  Price Change Price Change % Current Price Bid Price Offer
  -0.660 -1.75% 36.96 36.95 36.96
High Price Low Price Open Price Prev. Close 52 Week Range
38.20 36.50 37.53 37.62 8.62 - 50.00
Exchange Last Trade Size Trade Price Currency
GDAX 14:20:20 0.134000 36.96 USD
Price x Volume Volume Base Symbol Related Pairs
15,283,077.15 409,668.11 AVAX AVAXEUR AVAXGBP AVAXBTC

AVAX Price Prediction: Avalanche Rally Just Getting Started?

30/11/2023 5:20am

NEWSBTC


AVAX price is showing positive signs above the $20 support. Avalanche bulls seem to be in control, and they might aim for a rally toward $25. AVAX price is showing positive signs above the $20 level against the US dollar. The price is trading above $21 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $20.60 on the 4-hour chart of the AVAX/USD pair (data source from Kraken). The pair could continue to rise if there is a clear move above the $22.50 and $23.00 resistance levels. AVAX Price Signals Fresh Rally After a strong increase, Avalanche’s AVAX faced resistance near the $24.00 zone. It started a downside correction from $24.05 but remained in a positive zone, like Bitcoin and Ethereum. There was a drop below the $23 and $22 levels. The price declined below the 50% Fib retracement level of the upward move from the $15.60 swing low to the $24.05 high. It even spiked below the $20 support zone. However, the bulls were active above $18.80. AVAX price found support near $18.80 and the 61.8% Fib retracement level of the upward move from the $15.60 swing low to the $24.05 high. It is again moving higher and trading above the $20 level. There was a move above the $21 zone and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $20.60 on the 4-hour chart of the AVAX/USD pair. On the upside, an immediate resistance is near the $22.50 zone. Source: AVAXUSD on TradingView.com The next major resistance is forming near the $23.00 zone. If there is an upside break above the $22.50 and $23.00 levels, the price could surge over 10%. In the stated case, the price could rise steadily towards the $25 level. Dips Limited in Avalanche? If AVAX price fails to continue higher above the $22.50 or $23.00 levels, it could start another decline. Immediate support on the downside is near the $20.60 level and the 100 simple moving average (4 hours). The main support is near the $19.50 zone. A downside break below the $19.50 level could open the doors for a fresh decline towards $18.80. The next major support is near the $15.80 level. Technical Indicators 4 hours MACD – The MACD for AVAX/USD is gaining momentum in the bullish zone. 4 hours RSI (Relative Strength Index) – The RSI for AVAX/USD is now above the 50 level. Major Support Levels – $19.50 and $18.80. Major Resistance Levels – $22.50, $23.00, and $25.00.

1 Year Avalanche Chart

1 Year Avalanche Chart

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1 Month Avalanche Chart

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