AVAX is currently trading at $21.86, showing slight weakness with price below key moving averages. The RSI near 50 indicates balanced momentum. Recent price action shows support around $21.80 and resistance near $23.00.
Current Market Position
AVAX is trading at $21.86, down 3.53% in 24 hours. The price is below both the 20-day ($22.00) and 50-day ($22.36) simple moving averages, suggesting short-term weakness.
Momentum Indicators
RSI at 49.6 is neutral, neither overbought nor oversold. This suggests the market is balanced and could move in either direction from current levels.
Support and Resistance Levels
Recent local lows around $21.80 provide strong support, while resistance sits near $23.00 based on recent peaks. The price has been bouncing between these levels.
Trading Strategy
Consider buying near support at $21.80 and selling near resistance at $23.00. Always use stop-loss orders to manage risk, as crypto markets can be volatile.
Beginner Recommendations
Advice: hold
Buy Price: 21.8 USDT
Sell Price: 23.0 USDT
Key metrics
| Price | 21.8600 USDT |
| 24h Change | -3.53% |
| RSI(14) | 49.60 |
| SMA20 / SMA50 | 22.00 / 22.36 |
| Daily Volatility | 8.64% |
| 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.
