Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»AVAX – Price predictions say $40, $33 will be the next steps after a decline from $50.
ALTCOIN NEWS

AVAX – Price predictions say $40, $33 will be the next steps after a decline from $50.

By Crypto FlexsApril 4, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
AVAX – Price predictions say ,  will be the next steps after a decline from .
Share
Facebook Twitter LinkedIn Pinterest Email
  • Investors should prepare for a plunge to $33.
  • The 78.6% Fibonacci level is likely to halt the current short-term downtrend.

Avalanche (AVAX) price has fallen once again, with Bitcoin (BTC) and the rest of the cryptocurrency markets witnessing heavy selling activity over the past four days. During this period, market dynamics changed.

Traders and investors can embrace a new narrative. Alternatively, utilizing technical analysis and finding narratives can also lead to consistent profits. So what are the pitfalls that AVAX bulls need to watch out for?

One of the breaker blocks is already broken.

AVAX 12-hour chart

Source: AVAX/USDT on TradingView

Based on one-day price action, AMBCrypto has marked two breaker blocks in turquoise, indicating demand zones.

AVAX was expected to see a bullish reaction at $46.5 as it is at the 61.8% Fibonacci retracement level.

Instead, the price briefly fell below $46.5 on April 3. It has not yet closed a 1-day or 12-hour candle below $46.5.

Further south, the $41.37 level was important as a demand zone for the same reason: the confluence of a breaker block and a fiber retracement level.

Technical indicators showed a serious situation for the bulls. RSI is at 35, reflecting solid bearish momentum. CMF was -0.18, indicating strong capital flows in the market.

Should investors prepare for a revisit to $30?

AVAX liquidation heatmapAVAX liquidation heatmap

Source: Hiblock

Liquidation heatmaps over the past three months highlight the $50 region as a pivotal space for liquidity. When the price fell below that, a liquidation cascade followed, causing the price to fall further.


Read Avalanche (AVAX) Price Prediction for 2023-24


At press time, the $42.6 and $38.6 levels were the next pockets of liquidity that could attract AVAX price.

There was also a high clearing concentration of $33-$33.3. An avalanche could lead to a plunge to these levels and such a move would change the market structure to bearish.

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

Next: Solana ‘beats’ Bitcoin by ‘second-highest’ number – Is this good news for SOL investors?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ETF Land Rush: Solana’s filing speed outpaces XRP and matches BTC.

October 23, 2025

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Whale.io Confirms First Airdrop For Crock Dentist NFT Holders

October 29, 2025

BTC And XRP Prices Fluctuate Dramatically. WOAHash Helps Holders Earn $9,900 In Daily Returns.

October 29, 2025

Acre Launches V2 Platform, Enabling Bitcoin Holders To Earn 14% APY (est.) From Self-Custody

October 29, 2025

BitcoinOS $BOS Token Is Live On Binance Alpha And Top Tier CEX Listings, Advancing Institutional BTCFi

October 29, 2025

MEXC Maintains Strong Financial Stability With Over 100% Proof Of Reserve Across Major Assets

October 29, 2025

Australia provides clarity on cryptocurrency regulation with new guidelines

October 29, 2025

Stake USDT To Earn BTC With Up To 600% APR

October 28, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025

US Bitcoin reports holdings of 3,865 BTC after recent acquisition

October 27, 2025

Swiss Bitcoin App Relai Acquires MiCA License In France

October 27, 2025

Tapzi Presale Gains Traction with DeepSnitch AI and Bitcoin Hyper

October 27, 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

Whale.io Confirms First Airdrop For Crock Dentist NFT Holders

October 29, 2025

BTC And XRP Prices Fluctuate Dramatically. WOAHash Helps Holders Earn $9,900 In Daily Returns.

October 29, 2025

Acre Launches V2 Platform, Enabling Bitcoin Holders To Earn 14% APY (est.) From Self-Custody

October 29, 2025
Most Popular

Crypto traders saw liquidations of more than $400 million as Bitcoin fell below $67,000.

April 2, 2024

Bitcoin Price Consolidates Gains: Cryptocurrency Market Stability Amid Recent Spikes

May 17, 2024

Best Cryptocurrencies to Buy Now March 15 – Aptos, Fetch.ai, Conflux

March 16, 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.