Avalanche and Other Altcoins Show Significant Technical Improvement with 40% Upside Potential
- Market Momentum Rebuilding: The overall altcoin market momentum is gradually strengthening with stable support structures and improving volume behavior, as analysts note early-stage recovery signals suggesting a potential 40% upside.
- Avalanche Trend Shift: Avalanche (AVAX) has been holding higher lows after a prolonged corrective phase, with improved liquidity conditions indicating a possible breakout, while stable network usage supports a positive market outlook.
- Cronos Stability: Despite broader market hesitation, Cronos (CRO) has maintained price stability, with a narrowing consolidation range indicating potential directional expansion, and unmatched consistency in volume flow, although no breakout has been confirmed yet.
- Polkadot Accumulation Patterns: Polkadot (DOT) is trading within a long-term accumulation range, reflecting unparalleled patience from holders, with strong development metrics reinforcing confidence, making the current setup lucrative from a risk-to-reward perspective.
Get Real-Time Alerts for Any Crypto Movement
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 4 technical signals, shows that 1 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 | 4.242 | 5.896 | 7.782 | 9.436 | 11.322 | 12.976 | 14.862 |
| Fibonacci | 5.896 | 7.248 | 8.084 | 9.436 | 10.788 | 11.624 | 12.976 |
About AVAX
About the author
