AVAX is currently trading at $29.35 with moderate momentum. The price shows consolidation near recent highs with potential for both upward and downward movement.
Current Market Position
Price is slightly above both 20-day ($29.20) and 50-day ($28.80) moving averages, indicating mild bullish momentum. RSI at 58 suggests neither overbought nor oversold conditions.
Recent Price Action
The price recently tested resistance near $30.01 and found support around $28.04. Current levels show consolidation between these key levels.
Trading Strategy
Consider buying near recent support levels and selling near resistance. Use stop-loss orders to manage risk as crypto markets can be volatile.
Risk Management
Always invest only what you can afford to lose. Crypto prices can change rapidly, so set clear entry and exit points before trading.
Beginner Recommendations
Advice: hold
Buy Price: 28.35 USDT
Sell Price: 30.01 USDT
Key metrics
| Price | 29.3500 USDT |
| 24h Change | 3.82% |
| RSI(14) | 57.94 |
| SMA20 / SMA50 | 29.20 / 28.80 |
| Daily Volatility | 5.84% |
| Sentiment | Neutral |
| Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.
