Technical Analysis: Avalanche (avax)
As of February 7, 2025, the price of Avalanche (AVAX) is $24.77, registering a slight decrease of 0.07% from the previous close. Intraday fluctuations have seen a high of $26.80 and a low of $24.37.
Moving Averages: The 50-day and 200-day SMAs indicate a bearish trend, with current prices below these averages, signaling persistent selling pressure.
Relative Strength Index (RSI): The 14-day RSI is currently around 44, suggesting bearish momentum without extreme oversold or overbought conditions.
MACD: The MACD is in negative territory, with a signal line above the MACD line, reinforcing the bearish outlook in the short term.
