Sentiment: Bullish
AVAX is showing resilience, trading at $29.00 with a notable 8.45% surge over the past 24 hours, accompanied by strong volume of $226.7 million. The RSI at 44.95 indicates neutral momentum, not yet overbought or oversold, suggesting room for further movement. Price is hovering just above the 20-day SMA at $28.97, while remaining well above the 50-day SMA at $27.49, indicating underlying bullish strength in the medium term. Volatility at 3.89% is moderate, typical for altcoins. Given the positive price action and volume support, traders might consider entering long positions with a stop-loss below $27.50, targeting a move toward $32. However, monitor broader market conditions, as crypto remains sensitive to external factors.
Key Metrics
| Price | 29.0000 USDT |
| 24h Change | 8.45% |
| 24h Volume | 226742797.51 |
| RSI(14) | 44.95 |
| SMA20 / SMA50 | 28.97 / 27.49 |
| Daily Volatility | 3.89% |
Avalanche — 1h candles, 7D window (SMA20/SMA50, RSI).
