- The AVAX coin price is positive, around 2.0% during intraday.
- The 24-hour trading volume is at $963 million.
- AVAX/BTC pair is trading negative by -4.8% at 0.00112031 BTC.
The daily technical chart and price trend of AVAX coin show a bullish trend. Based on the pivot point, the first support zone is 40 USDT. Another way to watch it is that if it rushes, the resistance level to look at is 88 USDT. Therefore, the chart created a Doji candlestick pattern during the day, and the cost is confident that it will remain sideways with unwavering medium strength.
The Exponential Moving Average (EMA) band, consisting of various EMA’s, strongly supports currency price fluctuations. Investors may find that cost sustains at green ribbon. This guarantees a rise in AVAX until it is above the ribbon.
Trading volume (2.414 M) is below the 20-day moving average (7.767 M). The volume is low, so the cost is struggling above the pivot point. Investors may also see the volume bar on the chart decreases. This indicates that anomalous instability is common on subsequent trading days.
The Schaff Trend Cycle indicator (bearish) with a 0.04 represents a sell signal in the coin, projecting a downtrend. Additionally, Investors can see a red sell signal and a downward curve in the index.
Long-Term Perspective of The Price of AVAX Coin
The weekly technical chart and price trend of AVAX coin show a bullish trend. Based on the Fibonacci retracement levels, the support zone is 50 USDT. From another perspective, if it rushes upwards, the resistance level to look for is 110 USDT. Moreover, the graph shows the Heiken Ashi candles, representing a substantial upside potential in the asset’s price action.
So, Today’s Avalanche price is $60.98, and the 24-hour trading volume is $963,807,921. AVAX prices have risen 2.1% in the last 24 hours. It Includes 220 million AVAX coins in circulation and 378 million in inventories. The STC points to a selling signal, and the traders have prompted moderate volume. In fact, the cost is facing a healthy price correction. Similarly, the general outlook for the market is that the pattern will remain bullish over the following trading days.
Resistance Level: $88 & $110
Support Level: $40 & $50