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HomeCoinsAvalancheAvalanche price analysis (Bullish) — 18.02 USDT (+5.81% 24h)

Avalanche price analysis (Bullish) — 18.02 USDT (+5.81% 24h)

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Market Insight — AVAXUSDT
Sentiment: Bullish

AVAX is showing strong momentum today, climbing 5.81% to $18.02 amid substantial trading volume exceeding $44 million. The current price sits above both the 20-day SMA ($17.80) and 50-day SMA ($17.52), indicating a healthy uptrend. However, the RSI reading of 73 suggests AVAX is approaching overbought territory, which could trigger a short-term pullback. The 5.79% volatility reading reflects typical crypto market conditions but warrants careful position sizing. For traders, consider taking partial profits near the $18.50 resistance level while maintaining a core position for potential continuation. Support lies around $17.30-$17.50, where buyers have previously stepped in. Given the strong volume and moving average alignment, the trend remains favorable, but the elevated RSI calls for cautious optimism rather than aggressive buying at these levels.

Key Metrics

Price 18.0200 USDT
24h Change 5.81%
24h Volume 44357099.55
RSI(14) 73.00
SMA20 / SMA50 17.80 / 17.52
Daily Volatility 5.79%

Avalanche — 1h candles, 7D window (SMA20/SMA50, RSI).

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