Sentiment: Neutral
AVAX is currently trading at $33.80, showing slight weakness with a 0.38% decline over the past 24 hours. The price is hovering just below both the 20-day SMA ($33.89) and 50-day SMA ($33.99), indicating potential resistance at these levels. The RSI reading of 47.31 suggests neutral momentum with a slight bearish tilt, while the 4.66% volatility indicates moderate price swings. Trading volume of $121.7 million appears healthy but not exceptional. Given the current technical setup, I’d recommend waiting for a clear break above $34.20 (above both SMAs) before considering long positions. Downside support appears around $32.50-$33.00. Risk management is crucial here – consider scaling into positions rather than going all-in given the neutral technical indicators.
Key Metrics
| Price | 33.8000 USDT |
| 24h Change | -0.38% |
| 24h Volume | 121709396.59 |
| RSI(14) | 47.31 |
| SMA20 / SMA50 | 33.89 / 33.99 |
| Daily Volatility | 4.66% |
Avalanche — 1h candles, 7D window (SMA20/SMA50, RSI).
