AVAX is currently trading at $20.18, showing mixed signals with recent price declines but some stabilization near support levels. The RSI indicates neither overbought nor oversold conditions.
Current Market Position
Price is slightly above the 20-day average ($19.98) but below the 50-day average ($20.62), suggesting short-term stability with some downward pressure.
Support and Resistance Levels
Recent local lows around $19.12 provide strong support, while resistance sits near $20.20 from recent highs. These levels help identify potential entry and exit points.
Trading Strategy
Consider buying near support at $19.50 for safety, with a target to sell near resistance at $20.20. Always use stop-loss orders to manage risk.
Beginner Recommendations
Advice: hold
Buy Price: 19.5 USDT
Sell Price: 20.2 USDT
Key metrics
Price | 20.1800 USDT |
24h Change | -1.94% |
RSI(14) | 59.60 |
SMA20 / SMA50 | 19.98 / 20.62 |
Daily Volatility | 5.84% |
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.