Avalanche (AVAX) Poised for Higher Highs If Price Reclaims This Key Level
Avalanche (AVAX) Price Analysis: AVAX has been experiencing a price surge, with key levels identified by analyst Rekt Capital; maintaining support at $38.57 and reclaiming $54.23 are crucial for continued upward momentum.
Future Price Scenarios: Two potential scenarios for AVAX include confirming support at $38.57 or breaking above $54.23, which could lead to further bullish movement towards $65.
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Technical Analysis for AVAX
Technical Sentiment Analysis for Avalanche (AVAX) As of , Avalanche (AVAX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AVAX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AVAX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Avalanche (AVAX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.359 | 5.955 | 7.709 | 9.305 | 11.059 | 12.655 | 14.409 |
| Fibonacci | 5.955 | 7.234 | 8.025 | 9.305 | 10.584 | 11.375 | 12.655 |
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