AVAX is currently trading at $17.69, showing strong upward momentum with a 5.87% gain in the last 24 hours. The price has broken above key moving averages and recent resistance levels, suggesting continued bullish potential.
Current Market Position
AVAX is trading above both the 20-day ($17.48) and 50-day ($16.78) moving averages, which is a positive sign. The RSI at 59 indicates healthy momentum without being overbought.
Recent Price Action
The price recently bounced from a low around $15.80 and has climbed to current levels near $17.69. Volume has been strong during the upward moves, supporting the bullish trend.
Support and Resistance Levels
Key support sits around $16.80 (near the 50-day SMA) and $16.20 (recent local min). Resistance appears near $18.10 (recent high) and potentially higher if momentum continues.
Trading Strategy
Consider buying on pullbacks to support levels for potential upside. Set realistic profit targets near resistance levels to manage risk.
Beginner Recommendations
Advice: buy
Buy Price: 16.8 USDT
Sell Price: 18.1 USDT
Key metrics
| Price | 17.6900 USDT |
| 24h Change | 5.87% |
| RSI(14) | 58.94 |
| SMA20 / SMA50 | 17.48 / 16.78 |
| Daily Volatility | 5.86% |
| Sentiment | Bullish |
| 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.
