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Avax

Avalanche: Long-Term Bullish Above Support & Other SignalsThe end of February didn't do much harm to Avalanche, which is a bullish signal. In early February, the lowest price hit was $21, in late February the lowest price was $20. The difference is only 5%. This small gap between these lows indicate that the bearish force is over. Let me explain. There was a low on the 13-January session at $32, the low in February was $21. That's a big gap. For a new low to be considered of any value from a technical standpoint, the minimum, after the $21 low, would be $17 or much lower around $9 or $8. When we get $21 first followed by $20, we are simply looking at a double-bottom. A double-bottom is a bottom pattern and tends to lead to a trend reversal. The next little fact that is of interest to us, Cryptocurrency bulls, is the existence of a long-term support, on this chart labelled as "baseline." A lower low as mentioned above would require a break of this level. This is highly unlikely. Well, let's not go too deep into this type of technical analysis, let's consider a different perspective. In late 2023 after a strong period of sideways with a downward bent, a complex correction, AVAXUSDT moved to produce a 5-up waves bullish impulse. As this impulse ended, we have the same dynamics as before, between January and November 2023, a long complex correction. The action that AVAX has been witnessing since March 2024 is all part of a correction in Elliott Wave Theory terms. Once this correction is over, we will have a new bullish wave. This bullish wave tends to develop in five steps. Three steps forward and two backwards. The 2025 bull-market. This impulse will end in a very strong new All-Time High. This is simple technical analysis and it will end up being right. Do you agree? If you do, make sure to show your support by following me. 2025 is going to be big. It will be big. Trust. Patience is key. The worldwide adoption of Cryptocurrencies as a means of payments will result in world peace. Namaste.
Long
by MasterAnanda
1
VIX daily - opex weekend at 28th FebWe are heading into an OPEX this 28th of Feb. Volatility is running and seems like fear is all over. Crypto is crashing and people are talking about fear and losing everything.... Well, the big whales are buying the dip and Eric Trump just tweeted about buying the dips. For having a bottom process, it is essential to see the TVC:VIX hit that 23-25 area while its #RSI should be around 70 on the Daily chart. In that way, we are more likely to have the bottom area and see the market turn and hard. The US10Y is now at 4.3% which is going down and pushes the NASDAQ:TLT to higher prices. I lean to the local bottom around 580-585 in the AMEX:SPY with a nice capitulation move that seems to be coming exactly with the OPEX and with liquidity issues in the entire market and in crypto. I am looking to buy the dip and keep adding to my long positions in crypto. CRYPTOCAP:AVAX CRYPTOCAP:ETH CRYPTOCAP:BTC $PAAL $DSYNC $AINTI AMEX:NHC LSE:ALU MYX:ASTRA $XBG and much more.
BITSTAMP:BTCUSDLong
by thestockspicker94
AVAX MID TERM IDEASummary: Support Zone: $22.7 - $15.7 USDT (Demand Area). Resistance Levels: $30, $35, and $45 USDT. Short-Term: Downtrend continues, but signs of recovery can be monitored within the demand zone. Mid-Term: A breakout above $30 USDT signals a potential trend shift. Long-Term: If it recovers from the demand zone, the target range could extend to $45-$65 USDT. Strategy: Entry: Buy within the $22.7 - $15.7 USDT demand zone, with a stop loss below $15.5 USDT. Targets: $30, $35, and $45 USDT. Bearish Scenario: A drop below $15.7 USDT may increase selling pressure.
Long
by CryptoSignalAPP
1
AVAX | ALTS | Possible for BOUNCE HEREAVAX hasn't yet made a glorious ATH, but on the flip side - this means that there is great potential for upside, specifically from this support zone. If we take a look at the percentage the price has previously bounces from this particular support level, it's quite significant - although it wasn't over night. This support zone is roughly between 20-22 and may be a great place for a swing. Make sure you check out yesterday's update on LINK; also showing promise for another impulse wave up: __________________ BINANCE:AVAXUSDT
Long
by Crypto-Check-
CHEAP DEX's are a proven crypto technology...are straightforward to grasp and this sector is likely to experience a rebound from these low points. Following a Memecoin downturn, they should attract greater investor interest and capital influx. Kicking off with #JOE Year Founded: Trader Joe emerged in 2021 and has swiftly established a solid standing in the DeFi landscape. Its ongoing innovation and growing user base highlight its dependability and potential for expansion. Reputation and Reviews: Users have lauded Trader Joe for its user-friendly interface, minimal transaction fees, and extensive array of DeFi offerings. The community-focused support system and attentive moderators further bolster its standing. Security Methods: The platform implements stringent security protocols, including routine audits by esteemed firms like HashEx and Paladin. This guarantees the reliability and safety of its smart contracts, instilling confidence in users regarding the platform’s security. Transparency: Trader Joe is open about its operations, consistently sharing audit findings and engaging with its community through social media and other channels. This dedication to transparency fosters trust and accountability. Volume Managed: Trader Joe handles significant trading volumes, highlighting its popularity and reliability. Elevated trading volumes also enhance liquidity, facilitating smoother trade executions for users. Trader Joe emerges as a dynamic decentralized exchange (DEX) on the Avalanche network, providing a comprehensive range of DeFi (decentralized finance) services such as trading, yield farming, staking, and lending. At a price below 25 cents, it should be taken into account for potential increases.
CRYPTO:JOEUSDLong
by BallaJi
Avalanche AVAX Is About To Make 10X!Hello, Skyrexians! Today we have another one gem BINANCE:AVAXUSDT which has confirmed its strength and can make at least 10X in this bull run. Now we will explain why. You can notice that the previous bull run was really huge, let's count it as an impulsive wave 1. The bear market retraced at 0.61 Fibonacci and found support there. Now this coin is in global wave 3. We thought earlier that wave 2 in this wave 3 has been finished already with the green dot at the Bullish/Bearish Reversal Bar Indicator , but price returned back to this level. Nothing bad has happened this is still wave 2, but in shape of irregular ABC correction. From the current price we expect the move at least to $250 in 2025. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
1
COQ Inu: The Memecoin Poised for a 300% Surge on AVAX BlockchainCOQ Inu, the #1 memecoin built on the Avalanche (AVAX) blockchain, has emerged as a standout contender. Despite a recent drop from its all-time high market cap of $400 million to $80 million, technical and fundamental analysis suggests that COQ Inu is gearing up for a potential 300% surge, which could propel its market cap back to $100 million and beyond. Technical Analysis The chart patterns for COQ Inu reveal a compelling story. After a significant correction from its peak, the coin is now showing signs of consolidation, with key indicators pointing to an impending breakout. Here’s what the technicals are saying: The RSI, a momentum oscillator that measures the speed and change of price movements, currently stands at 63.31. This indicates that COQ Inu is neither overbought nor oversold, but rather in a healthy position to potentially initiate another leg up. An RSI above 50 typically signals bullish momentum, and with the current reading, COQ Inu is primed for upward movement. The 38.2% Fibonacci retracement level is acting as a strong support for COQ Inu. In the event of a pullback, this level is expected to hold, providing a solid foundation for the next upward move. However, a break below this level could see COQ Inu testing its 1-month low, which would be a critical point for traders to watch. A breakout above the 1-month high pivot could serve as the catalyst for the anticipated 300% surge. Such a move would not only validate the bullish sentiment but also attract new investors looking to capitalize on the momentum. The 1-month high pivot is a key resistance level, and a decisive break above it could trigger a significant upward trajectory. Market Position and Potential Currently ranked #425 on CoinMarketCap with a live market cap of $81 million, COQ Inu has already established itself as a significant player in the memecoin arena. With a circulating supply of 69.42 trillion COQ coins, the coin’s low price per unit makes it accessible to a wide range of investors. The potential for a 300% surge could see COQ Inu’s market cap reach $200 million, placing it among the top memecoins in the market.
CRYPTO:COQUSDLong
by DEXWireNews
2
Will We Hear About AVAX in 2025?While the market fixates on degen trading, AVAX continues to fly under the radar. Yet, its ecosystem remains one of the most robust in the space. Here’s why it deserves attention: Avalanche at a Glance High-speed, multi-chain architecture – Subnets enable independent blockchains with customized rules. EVM-compatible – Seamless migration for Ethereum dApps. Near-instant finality – Avalanche consensus achieves low-latency, high-throughput transactions. Market Position & Recent Developments TVL: $1.43B (9th among blockchains per DeFiLlama). Recent Institutional investments: - In December 2024, the Avalanche Foundation secured $250 million through a private token sale , with participation from firms like Galaxy Digital, Dragonfly, and ParaFi Capital. This funding supports the upcoming Avalanche9000 upgrade, aiming to enhance scalability and reduce transaction costs. - BlackRock launched its USD Institutional Digital Liquidity Fund (BUIDL) on the Avalanche blockchain via Securitize, marking a significant move in asset tokenization. Tech Updates - the newest upgrade "avalanche 9000" is now live ; the main objective - to lower fees 25 times - is successfully achieved. Price Action & Accumulation Accumulation since mid-2022 → Local rally in late 2024 with volume divergence. Price retesting previous accumulation highs (Creek) after rejecting breakout attempts. Volume profile insight: No major resistance zones above, suggesting minimal overhead sell pressure. Potential Trade Setup Considering a spot entry with manual exit, if next week's close confirms a higher low. Key level: $26 – Strong support from prior accumulation phase. Do your own research. Everything is priced in. Everything is on the chart.
Long
by trolldead
AVAX LongRationale: Bullish Divergence: 1D MACD shows a classic bullish divergence. Price is making lower lows, while MACD is forming higher lows. This suggests weakening bearish momentum and potential for a bullish reversal. Demand Zone + Order Block (OB): Current price action is within a previously identified Demand Zone, an area of historical buying pressure. This zone overlaps with an Order Block, further reinforcing the potential for strong support and a bullish bounce. Trend Change: The CHOCH indicator has recently transitioned from a downtrend to an uptrend. This confirms a shift in market sentiment and increases the probability of further upward price movement. NOTE: In this position as you can see the RRR is 8:1. You can extend the SL for more safety. Warning: Don't follow this trade set-up unless you can afford to lose.
Long
by Solo_Trader-