AVAX is trading near $31.10 with neutral momentum. The price is hovering around key moving averages, suggesting balanced market conditions. Recent price action shows support near $30.16 and resistance around $31.37.
Current Market Position
AVAX is trading at $31.10, slightly above both the 20-day ($31.02) and 50-day ($30.75) moving averages. This indicates the price is in a balanced zone between buyers and sellers.
RSI Indicator
The RSI is at 50.94, which is neutral. This means the asset isn’t overbought or oversold, suggesting no strong momentum in either direction.
Support and Resistance Levels
Recent local lows show support around $30.16, while local highs indicate resistance near $31.37. These are key levels where price might reverse.
Trading Strategy
Consider buying near support at $30.20 and selling near resistance at $31.30. Always use stop-loss orders to manage risk.
Beginner Recommendations
Advice: hold
Buy Price: 30.2 USDT
Sell Price: 31.3 USDT
Key metrics
| Price | 31.1000 USDT |
| 24h Change | 1.73% |
| RSI(14) | 50.94 |
| SMA20 / SMA50 | 31.02 / 30.75 |
| Daily Volatility | 3.75% |
| 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.
