Avalanche price increased by 1.70% over the past 24 hours.
AVAX Analysis
| Overall Performance | |||||
| 24-hr | 7-Day | 30-Day | 1-Year | Mkt Cap. | 24-hr Vol. |
| 1.70% | 0.08% | 25.30% | 14.04% | 12.89 bn | 0.79 bn |
Avalanche (AVAXUSDT) price over 7 days gained 0.08% to 30.52 . For the record, AVAXUSDT is -79.24% below all-time high of 147.00.
Over the last 30 days, AVAX is up by 25.30% while 12-month period is up by 14.04%.
For the week, our technical outlook suggests price consolidation while Avalanche is up over the last 7 days.
What can we expect from Avalanche today?
At time of writing, Avalanche has increased by 1.70% over the past 24 hours. Our daily analysis is that traders are more interested in accumulating AVAX than selling.
Looking ahead for the day, immediate upside resistance level at 31.03 (R1) with break above could target 31.55 (R2), while on the downside we are looking at 30.00 (S1) or daily low of 30.00 as immediate support levels. Break below these levels could weaken the current bullish momentum and may target towards 29.49 (S2).
Key levels to watch out:
| R3 | 32.06 |
| R2 | 31.55 |
| R1 | 31.03 |
| Daily Pivot | 30.52 |
| S1 | 30.00 |
| S2 | 29.49 |
| S3 | 28.97 |
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.
