AVAX Price Retests Ascending Channel Pattern's Lower Support Tre
Since August, AVAX has followed a pattern of higher highs within an ascending wedge, breaking free from a previously dominant downtrend. However, amid recent market volatility, AVAX has shown a persistent downtrend, with a 3.10% drop in the past day and an 8.70% decline over the week. Over the last
Key stats
About Avalanche
Avalanche is a layer-1, proof-of-stake blockchain, posing as a direct rival to Ethereum given its focus on smart contracts and aim to accommodate a plethora of decentralized applications. Launched in 2020, Avalanche’s network offers high transaction throughputs. It also offers blazingly fast finality times (the time before a transaction can be considered complete or ‘finalized’) of around one second compared to Ethereum’s one minute. All this has put its native token AVAX up there with the speediest cryptos in the game. Its ‘Avalanche Bridge’ (AB) also aims to open a channel to Ethereum, allowing for easy passage of assets on the rival chain.
Whats Ahead For AVAX Price On Daily Technical Chart?
On October 12, news of the buyback propelled AVAX above the 200-day EMA from a crucial demand zone. With the overall market sentiment, bolstered by Bitcoin's performance turning bullish, the entire crypto landscape is seeing a surge in green.
Bitcoin is currently nearing the $65,000 mark after a
AVAX has seen a significant decrease in value, plummetingAvalanche (AVAX) Technical Analysis On 1-D Chart?
AVAX has been experiencing a notable downtrend, indicating a strong presence of sellers in the market. This prevailing negative sentiment suggests that further declines in price could be on the horizon, raising concerns among investors and traders.
Finding What AVAX Price Structure Could Display Next?AVAX displayed a bullish presence over the past two weeks, when BTC sustained by July 5th onwards on the daily, and the crypto-landscape resonated green. As of writing, it presents the possibility of continuing its upward trajectory or breaking from a bullish pattern, precisely the falling wedge fro
Avalanche Crypto Takes Rebound: Is AVAX Poised For A Reversal?Avalanche Crypto Takes Rebound: Is AVAX Poised For A Reversal?
Avalanche crypto reversed near the $24 level and surged nearly 7% from the previous day's low.
At the time of writing, the AVAX crypto was trading close to $25.70 marking a 2.35% rise in Intraday.
Avalanche crypto gained traction afte
A big Move to Come In AVAX Ahead!
After a long spend time in a contracted falling wedge, the price last traded near the previous resistance turned support and showed 8.37% intraday growth, where the price traded at $28.03.
Its market cap has grown to $11.039 Billion, which has positioned it as the 11th-ranked crypto in the global
AVAX asset price risesThe Avalanche cryptocurrency has experienced a 7.10% increase in the last 24 hours, trading at $33.81 at press time. The technical indicators are bearish, but there are minor bullish signs appearing in the MACD as it has converged for a bullish cross and the RSI at 44.18. Therefore, despite the bear
Avalanche Technical Tools And Performance AnalysisAVAX, the cryptocurrency of Avalanche, is facing resistance at $35 and has shown resilience despite market turbulence. It has declined by 6.18% in the past 24 hours and has a market capitalization of about $12.58 billion, placing it at the 12th position among cryptocurrencies. This decline in market
The price of Avalanche appears to be decreasing latelyThe price of Avalanche cryptocurrency has been increasing, since October 2023 and it has seen a significant rise from $9.0 to $65.0 by March 18th, 2024. Avalanche has had a very positive six-month and three-month period, with gains of 316.03% and 4.58% respectively. However, in the last week and mon
Avalanche Price Forecast: Can AVAX Make Comeback And Shine AgainThe Avalanche price made a breakdown below the 20 day EMA suggesting weakness.
The AVAX crypto was trading close to $47.39 reporting a positive intraday development of 4.59%.
The Avalanche price jumped nearly 4.59% in Intraday and is recovering losses on Saturday. The bulls are attempting to rega
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Avalanche (AVAX) is 18.95 USD — it has fallen −1.96% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing AVAX price chart.
The current market capitalization of Avalanche (AVAX) is 7.99 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Avalanche (AVAX) trading volume in 24 hours is 348.80 M USD. See how often other coins are traded in this list.
Avalanche price has fallen by −3.15% over the last week, its month performance shows a −23.68% decrease, and as for the last year, Avalanche has decreased by −38.87%. See more dynamics on AVAX price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Avalanche (AVAX) reached its highest price on Nov 21, 2021 — it amounted to 147.50 USD. Find more insights on the AVAX price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Avalanche (AVAX) reached the lowest price of 8.62 USD on Sep 25, 2023. View more Avalanche dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of Avalanche (AVAX) is 456.84 M USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
Avalanche has the limit of 715.75 M coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying AVAX is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade AVAX right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Avalanche (AVAX): today its technical analysis shows the sell signal, and according to the 1 week rating AVAX shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in Avalanche trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Avalanche (AVAX) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Avalanche is estimated as 3.02% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Avalanche, you can find more inspiration in our curated watchlists.
You can discuss Avalanche (AVAX) with other users in our public chats, Minds or in the comments to Ideas.