TradeCityPro | AVAX Eyes Breakout Beyond Major Resistance👋 Welcome to TradeCity Pro!
In this analysis, I want to review the AVAX coin for you. It’s one of the popular crypto projects, with a market cap of $9.93 billion, currently ranked 18th on CoinMarketCap.
⏳ Daily Timeframe
On the daily timeframe, after AVAX was supported at the 16.46 zone and broke t
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Avalanche · Early or Late? · Targets & TALook at AVAX. It traded at $18 for 21 days, three weeks, and now its price is already at $27, 50% higher. That's how it all changes in a matter of days. In just 19 days Avalanche is trading much higher and soon you won't be able to get a buy below $50. $18 will seen like an old dream. Gone so long a
Avalanche bounced back from the support line again ┆ HolderStatBINANCE:AVAXUSDT is bouncing once more from the $22 support, continuing its series of triangle and consolidation-driven rallies. The current rebound could fuel a test of $26.78 resistance. If bulls push through, price momentum may target $30 next, with the overall channel structure favoring higher
AVAX 4H – Holding Trendline, Can Bulls Retest 26?Avalanche continues to hold its ascending trendline while trading around 25.1. The previous local high sits above at 27.5, which remains the main upside target if momentum continues.
Support levels: 23.38 (Fib 0.5), 22.76 (Fib 0.618), 21.88 (Fib 0.786)
Resistance: 25.5–26.0, then 27.5 local high
AVAX 8H – Supply Rejection, Watching 20.6 Support Inside ChannelAvalanche continues to trade inside a descending channel, with the most recent bounce failing at the 24–25 supply zone.
Current price action sits mid-channel near 22.8, leaning bearish after rejection.
If weakness persists, the next major downside level to watch is the 20.6 support.
A breakdown b
AVAX 1D – Breakout Watch Toward Major Trendline ResistanceAVAX is pressing against the $26 range high while riding a strong ascending support from the July low. A confirmed breakout could open room toward the $36 mid-range target, with the $44 major trendline resistance as the next key level. Above that, the March 2024 high near $65.50 remains the longer-t
AVAX/USDT – Major Breakout on the Daily Timeframe!AVAX has finally broken out from its long-term descending trendline, signaling the potential start of a powerful bullish move. Let’s break down the setup:
🔎 Chart Analysis:
Pattern: Falling Wedge on the Daily timeframe.
Breakout Zone: Price has successfully closed above the resistance trendline aro
AVAX.... calm before the storm AVAX is still within range. As long as price action respects the range, so should we. If the price returns to the bottom of the range, it is the best RR opportunity. However, it is essential to be aware of the maturity of this structure, as market conditions could cause AVAX to breakout.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Avalanche / Tether (AVAX) is 25.120 USDT — it has risen 2.31% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing AVAX price chart.
Avalanche / Tether price has risen by 8.72% over the last week, its month performance shows a 7.85% increase, and as for the last year, Avalanche / Tether has decreased by −5.19%. See more dynamics on AVAX price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Avalanche / Tether (AVAX) reached its highest price on Nov 21, 2021 — it amounted to 146.950 USDT. Find more insights on the AVAX price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Avalanche / Tether (AVAX) reached the lowest price of 8.614 USDT on Sep 25, 2023. View more Avalanche / Tether dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying AVAX is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade AVAX right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Avalanche / Tether (AVAX): today its technical analysis shows the buy signal, and according to the 1 week rating AVAX shows the buy signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in Avalanche / Tether trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Avalanche / Tether (AVAX) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Avalanche / Tether is estimated as 5.48% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Avalanche / Tether, you can find more inspiration in our curated watchlists.
You can discuss Avalanche / Tether (AVAX) with other users in our public chats, Minds or in the comments to Ideas.