AVAX continues its range, but Hovers above $35

AVAX continues its range, but Hovers above $35
Jan 25, 2025, at 8:53 am // Price


Since December 20, 2024, the price of Avalanche has fluctuated between $32 and $45. Price fluctuation is constant as long as the ranges of fluctuations remain unchanged.

Price analysis of Avalanche over the long-term: fluctuations range

Traders sell when the market is rising and buy at a dip. AVAX hit a low price of $35 on January 19. The bears try to break through the current support of $35. If the selling pressure persists, the altcoin could fall to $32.

If the current support is maintained, bulls are likely to buy at dips. The current support has been holding since December 20, 2024 as the altcoin maintained its range. AVAX was worth $35.01 when this article was written.

Avalanche Indicator Analysis

On January 19, the price bars dropped below the moving-average lines. The downward momentum will soon break through the current support of $35. Moving average lines are horizontal with a bullish cross-over. The altcoin is still moving sideways despite the easing of selling pressure.

Technical indicators

Key Resistance Levels - $60 and $70.00

Support levels $30 and $20

What's the future direction of Avalanche?

AVAX is in a downward trend on the 4-hour chart. It has been trying to break the $35 level of support since January 19. Moving average lines have slowed down the upward trend. Candlesticks are still extending towards the support of $35, indicating significant buying pressure.

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.

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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.