Sentiment: Neutral
AVAX is currently trading at $29.61, showing a slight decline of 1.69% over the past 24 hours. The price is hovering just above the 20-day SMA at $29.57 but remains below the 50-day SMA at $29.87, indicating near-term consolidation with a slight bearish tilt. The RSI reading of exactly 50 suggests a perfectly balanced momentum between buyers and sellers, neither overbought nor oversold. Trading volume of $103M is healthy, supporting current price levels, while volatility remains moderate at 4.49%. Given these technical indicators, I recommend caution for short-term positions. Wait for a decisive break above $30.50 for bullish entries or below $28.80 for potential short opportunities. Medium-term outlook depends on broader market sentiment and Bitcoin’s direction.
Key Metrics
| Price | 29.6100 USDT |
| 24h Change | -1.69% |
| 24h Volume | 103296406.55 |
| RSI(14) | 50.00 |
| SMA20 / SMA50 | 29.57 / 29.87 |
| Daily Volatility | 4.49% |
Avalanche — 1h candles, 7D window (SMA20/SMA50, RSI).
