Strengths:
A strong project scientifically supported by Professor Emin Gün Sirer.
High transaction speed and low fees, making the network attractive for decentralized applications.
Support for smart contracts in Solidity, facilitating compatibility with Ethereum projects.
Growth in institutional adoption and the entry of DeFi and NFT projects into the network.
Weaknesses:
Fierce competition from chains like Solana, Polygon, and Ethereum Layer 2.
Relative dependence on the overall market, making the price of AVAX sensitive to general market movements.
Influential news:
Delay or approval of ETF for AVAX (not officially announced yet).
New partnerships or launch of subnets for major projects.
2️⃣ Technical Analysis
⚠️ Note: Prices change rapidly, and the following data is estimated based on the latest known trend (up to June 2025).
🔹 Support and resistance:
Important support areas:
$25.00 – Average support from previous purchases.
$18.50 – Historically strong support from deep corrections.
Resistance areas:
$33.00 – Psychological barrier and technical resistance.
$40.00 – Previous peak from which the price has been rejected several times.
🔹 Overall trend:
The short-term trend is sideways/upward, with attempts to break above moving averages.
The 50-day moving average crosses the 200-day moving average (potential Golden Cross if it continues), indicating possible upcoming bullish momentum.
🔹 Technical indicators:
RSI (Relative Strength Index): Around 55, indicating a relative balance between buying and selling.
MACD: Recent bullish crossover indicates the possibility of a new upward wave starting.
Bollinger Bands: The price is testing the upper limit, which may indicate a short pullback or potential breakout.
3️⃣ AVAX trading tips:
✅ Buying at support: Gradual entry at levels $25–$22 with a stop loss below $20.
✅ Speculating on the breakout: Waiting for confirmation of a breakout above $33–$35 with high trading volume.
✅ Do not trade during high volatility without a clear plan or confirmed technical signals.
✅ Monitor news on network development and new partnerships, as they often affect the price.
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