Avalanche price decreased by -5.10% over the past 24 hours.
AVAX Analysis
| Overall Performance | |||||
| 24-hr | 7-Day | 30-Day | 1-Year | Mkt Cap. | 24-hr Vol. |
| -5.10% | 13.12% | 28.84% | -13.83% | 9.89 bn | 1.10 bn |
Avalanche (AVAXUSDT) price over 7 days gained 13.12% to 23.06 . For the record, AVAXUSDT is -84.31% below all-time high of 147.00.
Over the last 30 days, AVAX is up by 28.84% while 12-month period is down by -13.83%.
For the week, our technical outlook seems stronger towards the upside as Avalanche is up over the last 7 days.
What can we expect from Avalanche today?
At time of writing, however, Avalanche has decreased by -5.10% over the past 24 hours. Our daily analysis is that the price action looks mixed.
Looking ahead for the day, immediate support level is at 22.39 (S1) with break below could see further selling pressure towards 21.72 (S2). As the current momentum is stalling, we prefer to look at firm break of the recent daily high of 25.03 as a possible indicator of buying interest. Break above could target 25.70. Rejection from the resistance level could suggest price consolidation.
Key levels to watch out:
| R3 | 26.37 |
| R2 | 25.70 |
| R1 | 24.38 |
| Daily Pivot | 23.71 |
| S1 | 22.39 |
| S2 | 21.72 |
| S3 | 20.40 |
About Avalanche
Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through a proof-of-stake consensus protocol. It is said to be fast, low cost, and environmental friendly.
