AVAX Price Prediction: Avalanche Bulls Are Just Getting Started
2023年11月17日 - 2:18PM
NEWSBTC
AVAX price rallied over 50% and climbed above $22.50. The price
might correct lower but there could be more upsides above $25. AVAX
price is showing a few positive signs above the $20 level against
the US dollar. The price is trading above $22 and the 100 simple
moving average (4 hours). There is a key bullish trend line forming
with support near $20.50 on the 4-hour chart of the AVAX/USD pair
(data source from Kraken). The pair could continue to rise if there
is a clear move above the $24.50 and $25.00 resistance levels. AVAX
Price Doubles In Value In Few Days After forming a base above the
$10.00 level, Avalanche’s AVAX started a major rally, outperforming
Bitcoin and Ethereum. There was a clear move above the $15 and $20
resistance levels. The price gained over 50% in the past few days
and even cleared the $22.50 resistance. A new multi-week high was
formed near $24.70 and the price is now consolidating gains. There
was a minor decline below the $22.50 level. The price declined
below the 23.6% Fib retracement level of the upward move from the
$15.59 swing low to the $24.70 high. However, the bulls were active
above $20.00. AVAX price is now trading above $22.00 and the 100
simple moving average (4 hours). There is also a key bullish trend
line forming with support near $20.50 on the 4-hour chart of the
AVAX/USD pair. On the upside, an immediate resistance is near the
$24.50 zone. Source: AVAXUSD on TradingView.com The next major
resistance is forming near the $25.00 zone. If there is an upside
break above the $24.50 and $25.00 levels, the price could surge
over 20%. In the stated case, the price could rise steadily towards
the $30 level. Dips Limited in Avalanche? If AVAX price fails to
continue higher above the $24.50 or $25.00 levels, it could start a
downside correction. Immediate support on the downside is near the
$22.50 level. The main support is near the $20.50 zone. A downside
break below the $20.50 level could open the doors for a fresh
decline towards $18. The next major support is near the $15.50
level. Technical Indicators 4 hours MACD – The MACD for AVAX/USD is
gaining momentum in the bullish zone. 4 hours RSI (Relative
Strength Index) – The RSI for AVAX/USD is now above the 50 level.
Major Support Levels – $22.50 and $20.50. Major Resistance Levels –
$24.50, $25.00, and $30.00.
Avalanche (COIN:AVAXUSD)
過去 株価チャート
から 6 2024 まで 7 2024
Avalanche (COIN:AVAXUSD)
過去 株価チャート
から 7 2023 まで 7 2024