AVAX is currently trading at $18.88, showing slight upward momentum with RSI in neutral territory. The price is above both 20-day and 50-day moving averages, suggesting potential for continued growth.
Current Market Position
AVAX is trading at $18.88, up 2.72% in 24 hours. The price is above both short-term (20-day) and medium-term (50-day) moving averages, indicating positive momentum.
RSI Indicator
The RSI is at 59.6, which is in the neutral range. This suggests the asset is neither overbought nor oversold, leaving room for potential price movement in either direction.
Support and Resistance Levels
Recent local lows around $17.88 provide strong support, while resistance appears near $18.69. These levels help identify potential entry and exit points.
Trading Strategy
Consider buying near support levels around $18.00 and selling when approaching resistance near $18.70. Always use stop-loss orders to manage risk.
Beginner Recommendations
Advice: buy
Buy Price: 18.0 USDT
Sell Price: 18.7 USDT
Key metrics
| Price | 18.8800 USDT |
| 24h Change | 2.72% |
| RSI(14) | 59.60 |
| SMA20 / SMA50 | 18.68 / 18.45 |
| Daily Volatility | 4.02% |
| 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.
