Crypto GuestPosts

Crypto GuestPosts

AVAX’s Price Range Exceeds $34

AVAX's Price Range Exceeds $34
Jan 15, 2025, 13:07


According to the latest report by CryptoGuestPosts, Avalanche's (AVAX), price has stopped falling after reaching a low point of $33 in December 2024.

Price analysis for the Avalanche: Long-term Analysis

Bulls have bought dips, and created a range that is above the $34 level of support but below moving average lines. The price has remained steady over the past three weeks. AVAX's uptrend will resume if buyers push price above moving average lines, and $44 level. AVAX will increase and reach its previous high level of $55.

The bulls, however, are still defending the current support of $34. AVAX could fall as low as 30 dollars if this support level is broken. AVAX's range will remain unchanged if the resistance and support levels do not change.

Avalanche Indicator Analysis

Since January 9, 2025 the price bars are below the moving average line. As doji candles appear in the zone of downtrend, there is no price movement. Moving average lines indicate a sideways movement.

Technical indicators

Key Resistance Levels - $60 and $70.00

Support levels $30 and $20

What's the future direction of Avalanche?

AVAX has fallen below the moving-average lines on the 4-hour chart. Altcoins are trading within a small range between $34 and $38. AVAX has corrected upwards since rising above the moving average line of 21 days. AVAX is currently between moving average lines. This suggests that AVAX may remain range-bound for a few days.

Disclaimer. Disclaimer. This analysis and forecast is the author's personal opinion. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by CryptoGuestPosts. Before investing in funds, readers should conduct their own research.

Solana’s upward trend continues above the $200 mark

Solana's upward trend continues above the $200 mark
Price


Solana's (SOL) price has dropped below the moving-average lines, but the selling pressure has eased over the $180 support. Since Dec. 20, Solana's price has held above $180 resistance but below the 21-day SMA.

Solana long-term forecast: bearish

Solana has been gaining today and is approaching the 21-day SMA. The altcoin's uptrend will continue if the bullish momentum breaks over the 21-day SMA or 50-day SMA. The cryptocurrency will try to reach its previous highs at $240 and $256. Solona's rise will continue above its current support level at $180, if it does not break above the moving-average lines. Solana's current value is $216.

Solana price indicator analysis

The price bars have a lower value but are still testing the resistance of 21-day SMA. If the price breaks above the resistance of the 21-day SMA, it will reach its 50-day SMA. When the moving average lines break, an uptrend starts. On the 4-hour graph, the price is now above the moving-average line. The $220 high could be a resistance to the upward movement.

Technical indicators

Key Resistance Levels: $220. $240. $260

Key support levels: $140, $120, $100

What's next for Solana?

Solana trades between $180 support and $220 resistance. Bulls and Bears are currently fighting for price control near the 21-day SMA. The future performance will be determined by whether the cryptocurrency breaks above moving average lines, or falls below its previous high.

Disclaimer. Disclaimer. This analysis and forecast is the personal opinion of the author. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by CryptoGuestPosts. Before investing in funds, readers should conduct their own research.

TON Rises, But Faces Possible Rejection At $5.85

TON Rises, But Faces Possible Rejection At $5.85
Dec 25, 2024, at 9:28 am // News


According to the latest report by CryptoGuestPosts, the price for Toncoin (TON), which hit $7.20 in the last price analysis, has dropped below the moving-average lines.

Toncoin long-term forecast: bearish

The cryptocurrency fell to a low price of $4.78, before starting a steady rise in a range above the $5.00 resistance and below the moving-average lines. TON will correct higher when it reaches its 50-day moving average. At the 50-day SMA, it is possible that the current uptrend will be broken. A break above the moving-average lines would indicate a continuation of an uptrend. If TON falls below its 50-day SMA however, the selling pressure will again increase. If the bears breach the $5.00 resistance, TON could fall as low as $3.65. TON currently trades at $5.64.

Toncoin indicators

The cryptocurrency is falling, and the price bars are below moving average lines. Altcoins are currently in a correction upward that is nearing the moving average line. On the 4-hour chart the price bars are higher than the moving averages. TON will continue to rise so long as the price bars are above the moving averages.

Technical Indicators

Resistant Levels: $6.00 $8.00 $10.00

Support Levels: $5.00, $3.00, $1.00

What's the next step for Toncoin?

On the 4-hour chart TON is increasing as the price bars are higher than the moving average lines. Altcoins will reach a price of $6.20 but may be rejected. On the daily chart TON's uptrend will continue if buyers maintain the price above moving average lines, and break through the $6.50 barrier.

Disclaimer. Disclaimer. This analysis and forecast is the author's personal opinion. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by CryptoGuestPosts. Before investing in funds, readers should conduct their own research.