#AVAX’ Avalanche (AVAX) is currently trading at $18.34, with a market capitalization of $7.15 billion. Here's a detailed technical analysis:
*Key Metrics*
- *Current Price*: $18.34
- *Market Capitalization*: $7.15 billion
- *24-Hour Trading Volume*: $669,460
- *Circulating Supply*: 2.84 billion AVAX coins
*Technical Indicators*
- *Relative Strength Index (RSI)*: Neutral, indicating no clear trend
- *Moving Averages*: 50-day and 200-day simple moving averages indicate a potential decrease in price
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*Price Predictions*
- *Short-Term*: AVAX may fluctuate between $16.98 and $18.46 in the short term
- *Long-Term*: The coin's value could rise by 10.29% to $37.07 in the long term
*Support and Resistance Levels*
- *Support*: $17.55 and $16.98
- *Resistance*: $18.46 and $19.00
*Trading Signals*
Entry points .$18.0/18.33
stop loss .$17.4
take profit targets .$18.9/19.2
Some analysts predict a bullish trend, while others suggest a bearish outlook. Traders should exercise caution and consider multiple sources before making investment decisions . $AVAX