Avalanche Price Stabilizes Around $9.70 Amid Upgrades
- Digital Commodity Designation: On March 17, 2026, the U.S. SEC and CFTC formally classified Avalanche as a 'digital commodity', enhancing its regulatory standing and potentially attracting more institutional investors.
- Implementation of Upgrades: Recent upgrades to Avalanche included three proposals aimed at improving network speed and security, such as dynamic minimum block time adjustments and support for Apple's cryptographic curve, particularly benefiting mobile users and cross-chain applications.
- Market Activity Resurgence: AVAX's 24-hour spot trading volume reached approximately $226.7 million, reflecting a 61.30% increase from the previous day, indicating that despite price consolidation between $9 and $10, market activity is recovering, which may set the stage for future price increases.
- Long-Term Growth Strategy: The Avalanche Foundation's commitment of 4 million AVAX to attract gaming, DeFi, and NFT projects, along with the Evergreen Subnet initiative, underscores Avalanche's long-term growth potential in real-world asset tokenization and its subnet ecosystem.
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Technical Analysis for AVAX
Technical Sentiment Analysis for Avalanche (AVAX). As of , Avalanche (AVAX) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 3 indicators are flashing buy, while 7 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 crypto.
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 | 7.053 | 7.961 | 8.733 | 9.641 | 10.413 | 11.321 | 12.093 |
| Fibonacci | 7.961 | 8.603 | 9 | 9.641 | 10.283 | 10.68 | 11.321 |
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