Avalanche price decreased by 0.00% over the past 24 hours.

Avalanche price decreased by 0.00% over the past 24 hours.

Performance after Sunday 29-Jan
Period Pct Chg Momentum
Sunday 0.68% 0.14
Week ending 2023-01-22 3.21% 0.54
January 89.54% 9.76

AVAX Analysis

Avalanche (AVAXUSDT) price for the week ending 2023-01-22 gained 3.21% or 0.54 higher to 20.66. At time of writing into Monday’s trading session, Avalanche has decreased by 0.00% over the past 24 hours. For the record, AVAXUSDT is -85.75% below all-time high of 144.96. On Sunday, AVAX rose 0.68% to 20.68.

On the daily timeframe, price is above 9-Day EMA and Stochastic oscillator is rising but in overbought zone, our analysis is that there is bullish momentum and price could continue to go higher.

For the month-to-date, AVAX is up by 89.54% or 9.76 higher.

What can we expect from Avalanche today?

Looking ahead on Monday, we are looking at 21.81 or 20.95 (R1) as important resistance levels and daily low of 20.25 and 20.33 (S1) as key support levels. Avalanche need to break on either side to indicate a short-term bias. A break above 20.87 would suggest bullish bias after recent positive movement.

For the week ending 2023-01-22, take note that Avalanche is rising and up by 3.21% as the pair continued to trade higher in the past few days. Prior performance for the week ending 2023-01-15 was 38.96%.

Key levels to watch out:

R3 21.57
R2 21.22
R1 20.95
Daily Pivot 20.60
S1 20.33
S2 19.98
S3 19.71

Last updated: 01:27 am UTC, 30-Jan 2023

About Avalanche

Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through a proof-of-stake consensus protocol. It is said to be fast, low cost, and environmental friendly.Mainnet was launched in September 21, 2020. Since then, the platform has grown to secure over 100+ individual projects, $1.4M+ of AVAX burned (reducing supply), 950+ individual block-producing validators, and over 500k+ community members around the globe. Decentralized finance (DeFi) applications can be found on Avalanche such as Pangolin, TraderJoe, and more.

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