Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»AVAX Price Prediction: Has the Avalanche Rally Just Begun?
TRADING NEWS

AVAX Price Prediction: Has the Avalanche Rally Just Begun?

By Crypto FlexsNovember 30, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
AVAX Price Prediction: Has the Avalanche Rally Just Begun?
Share
Facebook Twitter LinkedIn Pinterest Email

AVAX price is showing positive signs above the $20 support level. Avalanche bullishness appears to be under control and may be targeting a rise towards $25.

  • AVAX price is showing positive signs, surpassing the $20 level against the US dollar.
  • The price is trading above $21 and the 100 simple moving average (4-hours).
  • On the 4-hours chart of the AVAX/USD pair, there is a major bullish trend line forming with support near $20.60 (data source from Kraken).
  • If there is a clear move above the $22.50 and $23.00 resistance levels, the pair may continue to rise.

AVAX price signals a new rally.

After a big rally, Avalanche’s AVAX faced resistance near $24.00. It began a downward correction at $24.05, but stayed in positive territory like Bitcoin and Ethereum.

It fell below the $23 and $22 levels. The price fell below the 50% Fib retracement level, rising from the $15.60 swing low to the $24.05 high. It even surged below the $20 support zone. However, the bulls were active above $18.80.

AVAX price found support near $18.80 and confirmed the 61.8% Fib retracement level of $15.60 to $24.05. It has risen again and is trading above the $20 level.

There was a move above the $21 area and the 100 simple moving average (4-hours). There is also a major bullish trend line forming with support near $20.60 on the 4-hours chart of the AVAX/USD pair. On the other hand, there is immediate resistance near $22.50.

Source: AVAXUSD on TradingView.com

The next major resistance is forming near the $23.00 area. If there is upside beyond the $22.50 and $23.00 levels, the price could surge by more than 10%. If stated, the price could rise steadily towards the $25 level.

Limited dips on the Avalanche?

If AVAX price fails to continue rising above the $22.50 or $23.00 level, another decline could begin. Immediate support for the downside is near the $20.60 level and the 100 simple moving average (4-hours).

Key support is near $19.50. A break below the $19.50 level could open the door for a new decline towards $18.80. The next major support is near the $15.80 level.

technical indicators

4-Hour MACD – The MACD for AVAX/USD is gaining momentum in bullish territory.

4-Hour RSI (Relative Strength Index) – The RSI for AVAX/USD is now above the 50 level.

Key support levels – $19.50 and $18.80.

Key resistance levels – $22.50, $23.00, $25.00.

Source: NewsBTC.com

Cryptocurrency Investment Risk Warning

Cryptocurrency assets are highly volatile. Your capital is at risk.
Don’t invest unless you are prepared to lose all your money.
This is a high-risk investment and you should not expect to be protected if something goes wrong.

Read full disclaimer

like this:

good night Loading…

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

What is the next after the Fed’s 25bps is cut? Everything you need to know

September 18, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025
Add A Comment

Comments are closed.

Recent Posts

The fullback of $ 16 of the chain link (link) can set a parabolic price rally.

September 18, 2025

Animation Powerhouse Maggie Kang To Join Programming Lineup

September 18, 2025

MEXC Joins Forces With Lombard Finance (BARD) To Launch $1 Million Prize Pool Extravaganza

September 18, 2025

What is the next after the Fed’s 25bps is cut? Everything you need to know

September 18, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 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

The fullback of $ 16 of the chain link (link) can set a parabolic price rally.

September 18, 2025

Animation Powerhouse Maggie Kang To Join Programming Lineup

September 18, 2025

MEXC Joins Forces With Lombard Finance (BARD) To Launch $1 Million Prize Pool Extravaganza

September 18, 2025
Most Popular

Senator Lummis Drafts Bill to Allow US States to Hold Bitcoin

July 30, 2024

Paradigm to Raise Up to $850 Million for New Crypto Fund: Report

April 2, 2024

At this rate, Grayscale’s ETHE could run out of ether in a matter of weeks.

July 26, 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.