Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»AVAX prepares for a ‘flip’ – here’s what you need to know
ALTCOIN NEWS

AVAX prepares for a ‘flip’ – here’s what you need to know

By Crypto FlexsJanuary 13, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
AVAX prepares for a ‘flip’ – here’s what you need to know
Share
Facebook Twitter LinkedIn Pinterest Email

  • AVAX has yet to break the bearish structure on the 1-day chart.
  • There may be a downward trend ahead and the highlighted demand zones are the key areas of interest.

Avalanche (AVAX) witnessed a strong bounce from the $31 support zone. It fell to $31.12 on January 8, but has risen 24% since then. The network also recorded record numbers of monthly active users.

Avalanche’s network has also seen a surge in NFT activity. The new NFT Mint is expected to contribute significant scale and activity to the network. This could attract creators to the network and drive more demand for AVAX.

The market structure has not yet reversed to strength.

Source: AVAX/USDT on TradingView

The daily price chart has been bearish since December 27, when AVAX fell below its low of $43.34. As of press time, the latest low in the subsequent decline was $39.45, shown in green.

No daily session has yet occurred closing above this level. If so, $33.08-$35.87 (turquoise box) would be a bullish order block. The structure is technically down, but the downtrend line resistance (yellow) has been broken.

A move above $39.45 and a bullish order block or retest of the descending trend line as support would present an ideal buying opportunity. Fibonacci levels (light yellow) mark the $42.76 and $45.93 levels as firm resistance.

It seems likely that it will fall again in search of liquidity.

The Avalanche is on the verge of flipping the daily market structure into a bullish one.

Source: Hiblock

AMBCrypto analyzed data from Hyblock’s liquidation level chart. Cumulative liquid level delta has been positive over the past 24 hours. This means there are more buy liquidation levels. This presented an attractive opportunity to hunt for liquidity as the price fell south and forced the buying end.


How much is 1, 10 or 100 AVAX worth today?


In the south, there were several clearing levels above $2 million, at the $38.2 and $37.7 levels. Further down, there are also significant liquidation levels in the $35.7-$36.3 range. Therefore, in the short term, traders should watch out for price declines. From a one-day price action perspective, the ideal would be a move to $35, which would be a good place to buy AVAX.

Disclaimer: The information presented does not constitute financial, investment, trading, or any other type of advice and is solely the opinion of the author.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Shib or PEPE: What memes coins are cut to the top 10 first?

July 17, 2025

The PBK Miner uses XRP mining to start a stable and efficient income method to easily earn $ 18,000 a day.

July 10, 2025

The market will select US regulatory stable coins more than CBDCS every day of CBDCS every day.

July 3, 2025
Add A Comment

Comments are closed.

Recent Posts

MultiBank Group To List $MBG Token On Gate.io And MEXC During Official Token Generation Event

July 18, 2025

Earn $4,777 Daily! PaxMining Leads 2025’s Record-Breaking Bitcoin Mining Boom

July 18, 2025

GSR Leads $100M Private Placement Into Nasdaq-listed MEI Pharma To Launch First Institutional Litecoin Treasury Strategy Alongside Charlie Lee

July 18, 2025

KuCoin Launches XStocks, Delivering A One-Stop Access Point To Top Global Tokenized Equities

July 18, 2025

💵 FREE $18 USDT – Just For Signing Up!

July 18, 2025

How Does AIXA Mining Break Traditional Barriers?

July 18, 2025

How Does AIXA Mining Break Traditional Barriers?

July 18, 2025

The future of EF ecosystem development

July 18, 2025

Satoshi-Aera Bitcoin Whale moves another 40K BTC to Galaxy Digital.

July 18, 2025

Behind The Surge In XRP, DLMining Brings New Opportunities To Mine BTC With Your XRP

July 18, 2025

The strategy has hit the highest market cap since the Rally Bitcoin rally.

July 17, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

MultiBank Group To List $MBG Token On Gate.io And MEXC During Official Token Generation Event

July 18, 2025

Earn $4,777 Daily! PaxMining Leads 2025’s Record-Breaking Bitcoin Mining Boom

July 18, 2025

GSR Leads $100M Private Placement Into Nasdaq-listed MEI Pharma To Launch First Institutional Litecoin Treasury Strategy Alongside Charlie Lee

July 18, 2025
Most Popular

Bitcoin ‘Time Bomb’ Set, Targeting $150K by 2025

September 15, 2024

NVIDIA GTC 2025: AI innovation and keynote speech highlights

March 14, 2025

5 Dog Coins to Watch This April – Could Doge Day and Bitcoin Halving Boost Prices?

April 3, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.