$AVAX

AVAX Analysis Today

Avalanche (AVAX) is currently trading at $25.18, with a market cap of $10.17 billion. In the last 24 hours, AVAX has seen a 6.65% increase ¹.

Key Highlights

- *Price Movement*: AVAX has shown a notable increase today.

- *Support & Resistance Levels*: Technical indicators show support at $20.26 and resistance at $44.44.

- *Market Sentiment*: Avalanche's ecosystem is growing, with more dApps, DeFi platforms, and NFT projects choosing Avalanche for its scalability and efficiency.

Technical Analysis & Predictions

- *Forecast*: A 21-day forecast predicts a price of $48.57 with a potential decrease of 4.66% from current levels (as of December 4, 2024).

- *Volatility*: Forecast uncertainty ranges from $27.61 to $42.61, indicating potential price swings.

- *Probabilities*: There's a 52.61% probability of a bearish scenario and a 43.81% likelihood of a bullish scenario ².