After a marked correction, Avalanche stagnates under key levels: between selling pressure and latent bias. Find our complete technical analysis and the prospects of AVAX.
In short
- Technical analysis: AVAX stabilizes around $ 23.50 in a neutral and little committed market, with a limited recovery and a still low momentum.
- Technical levels: AVAX evolves between supports at $ 21 / $ 19 and resistors at $ 27 / $ 29; An output of the $ 22 $ $ 2 terminals could trigger a marked directional movement.
- Analysis on derivatives: AVAX displays a market in consolidation, dominated by a moderate selling pressure despite a light bias on the financing side.
- Forecasts: bias bias above $ 21, with a potential of +63 %, but a rupture would expose Avx to a drop to -37 %; The macro and geopolitical context will remain key.
Avalanche Technical Analysis (AVAX)
| Spot price | ≈ $ 23.50 | The price rises slowly while remaining in a waiting area without real recovery signal. |
| Latest weekly variations | ≈ +2 % | Slight gain over the week, a sign of a market that seeks to stabilize. |
| Latest weekly spot volumes | ≈ 756 m (+0.33%) | Stable volumes, testifying to moderate interest without strong dynamics. |
| Long -term trend (SMA 200) | Neutral | Trend in stabilization phase after a long decline, awaiting a recovery signal. |
| Medium -term trend (SMA 50) | Neutral | Structure without a marked direction, translating a period of waiting and consolidation. |
| Short -term trend (SMA 20) | Upward | Rebound showing an active short -term buyer flow, however the progression remains limited. |
| Momentum | Neutral | The low and stable momentum, with a slight buying pressure without clear acceleration. |
Avox's spot price stabilizes around $ 23.50, displaying a slight weekly increase of approximately 2 %, in a context of volumes almost unchanged around $ 756 million. The long -term trend remains neutral, marking a transition phase after an extended lower period. In the medium term, the market evolves without clear direction, reflecting a lack of conviction. In the short term, a buying dynamic is visible, although the progression remains contained. The momentum remains weak, but balanced, without significant acceleration, signaling a wait -and -see market where the flows are present, but not very committed.
Avalanche technical levels (Avx)
| Resistances | $ 27 / $ 29 / $ 38 / $ 45 | Potential distribution zones; Their overtaking would open the way to an upward extension. |
| Supports | $ 21 / $ 19 / $ 17 / $ 14.5 | Historical demand zones; Their break would expose a risk of downward prosecution. |
| Monthly pivot | $ 19.5 | Reference level for the trend of the month. |
| High value area | $ 35.3 | High volume area; Upper terminal of a market balance, beyond which an imbalance can emerge. |
| Low value area | $ 22 | High volume area; Low limit of a market balance, beyond which an imbalance can emerge. |
AVAX faces several major technical levels. Resistance located at $ 27, $ 29, $ 38 and $ 45 correspond to potential distribution areas, the crossing of which could promote an upward recovery. Supports at $ 21, $ 19, $ 17 and $ 14.5 represent historical demand areas, and their breakdown would accentuate the risk of downward prosecution. The monthly pivot point at $ 19.5 serves as a landmark for the background trend. The low value area, at $ 22, marks the lower limit of a market balance, while the high value area, at $ 35.3, constitutes the upper terminal. The crossing of one or the other of these terminals could lead to an imbalance likely to trigger a marked directional movement.
Current technical analysis was carried out in collaboration with ElyfeAnd 0xhugzerinvestors and popularizers on the cryptocurrency market.
Derivative analysis (AVAX/USDT)
| Open Interest | Stable | Stability of positions, reflection of a market in consolidation or pending. |
| CVD | Dominance seller | Dominance selling: aggressive orders for sale dominate exchanges. |
| Liquidation | Weak, long side | Light liquidations, but long oriented, consistent with a dominant selling pressure. |
| Funding Rate | slightly positive | Light bias bias, moderate bonus for long positions. |
The positions open to AVAX/USDT contracts remain stable, a sign of a pending or consolidation market. The flows reveal a selling dominance with aggressive orders for sale. Liquidations remain low, but mainly concern long, consistent with this downward pressure. Despite this, the slightly positive funding misses a slight persistent bias in traders.
| Indicator | State | Comment |
| Selling liquidation zone | ≈ $ 24.90 / $ 25.20 – $ 25.50 / $ 26 – $ 26.30 / $ 26.80 – $ 27.20 | Order concentration area; The achievement of these levels could result in an acceleration of volatility. |
| Buyer liquidation area | ≈ $ 22 – $ 21 / $ 20.70 – $ 20.50 / 20.30 – $ 20 / $ 19.10 – $ 18 | Order concentration area; The achievement of these levels could result in an acceleration of volatility. |
Several liquidation zones are identified on the market, which can amplify volatility in the event of an approach. On the seller side, the levels of concentration of orders are at $ 24.90, then between $ 25.20 and $ 25.50, $ 26 and $ 26.30, as well as between $ 26.80 and $ 27.20. Lowering, buying liquidation areas can be found at $ 22 – $ 21, $ 20.70 – $ 20.50, $ 20.30 – $ 20, and finally between $ 19.10 and $ 18. The achievement of these key thresholds could cause rapid market reactions.
Forecasts for the avalanche course (AVAX)
Haussier scenario:
- Conditions: Maintaining above $ 21.
- Objectives: $ 27 / $ 29 / $ 36 – $ 38.
- Potential: approximately +63 % since the current level.
Lower scenario:
- Conditions: breakdown of the support at $ 21.
- Objectives: $ 18 / $ 15.5 – $ 14.6.
- Potential: decreased up to -37 % since the current level.
Comment :
The bias remains bullied, but the American macroeconomic indicators as well as the news related to the global geopolitical context will be decisive to confirm this scenario.
Conclusion
Avax evolves in a fragile balance, with a dominant selling pressure despite a persistent bias bias. The interest remains moderate and without clear dynamics, while several sensitive areas could amplify volatility in the event of trigger. The macroeconomic and geopolitical context will play a key role in the future orientation of the market. In this context, it will be essential to closely monitor the reaction of prices at strategic levels in order to confirm or adjust current forecasts.
Finally, remember that these analyzes are based solely on technical criteria, and that the course of cryptocurrencies can evolve quickly according to other more fundamental factors.
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