#TrumpTariffs
Here is a quick analysis of AVAX (Avalanche) for July 7, 2025:
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🔹 Current Price (Approximate):
AVAX = $31.5 – $33.0
(Varies by platform – always check the live price)
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📈 Technical Analysis:
✅ Overall Trend: Bullish in the medium term.
📊 Moving Averages:
Price above the 50-day and 200-day averages → Support for bullish momentum.
📍 Support: $29.50 – $30.20
🛑 Resistance: $34.00 – $35.00
💡 RSI: In the 60–65 range → Still in a healthy range, has not yet entered the overbought territory.
📉 MACD: Gives a positive signal on a bullish crossover.
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🔍 Fundamental Analysis:
🔸 The Avalanche project maintains its partnerships with DeFi and NFTs projects.
🔸 Increased activity of applications on the network.
🔸 Continuous support from investment institutions.
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📌 Short-term Forecast (Upcoming Days):
If the $35 level is broken, we may see:
First Target: $38
Second Target: $41
If it fails to break, it may revisit support at $30.