{"id":563117,"date":"2023-11-30T05:20:43","date_gmt":"2023-11-30T05:20:43","guid":{"rendered":"https:\/\/uniquehot.com\/?p=563117"},"modified":"2024-06-11T14:42:38","modified_gmt":"2024-06-11T14:42:38","slug":"avax-price-prediction-avalanche-rally-25","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/avax-price-prediction-avalanche-rally-25\/","title":{"rendered":"AVAX Price Prediction: Avalanche Rally Just Getting Started?"},"content":{"rendered":"<p><em>AVAX price is showing positive signs above the $20 support. Avalanche bulls seem to be in control, and they might aim for a rally toward $25.<\/em><\/p>\n<ul>\n<li>AVAX price is showing positive signs above the $20 level against the US dollar.<\/li>\n<li>The price is trading above $21 and the 100 simple moving average (4 hours).<\/li>\n<li>There is a key bullish trend line forming with support near $20.60 on the 4-hour chart of the AVAX\/USD pair (data source from Kraken).<\/li>\n<li>The pair could continue to rise if there is a clear move above the $22.50 and $23.00 resistance levels.<\/li>\n<\/ul>\n<h2>AVAX Price Signals Fresh Rally<\/h2>\n<p>After a strong increase, Avalanche\u2019s AVAX faced resistance near the $24.00 zone. It started a downside correction from $24.05 but remained in a positive zone, like <a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-price-consolidates-37550\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-price-rally-jeopardy-2075\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a>.<\/p>\n<p>There was a drop below the $23 and $22 levels. The price declined below the 50% Fib retracement level of the upward move from the $15.60 swing low to the $24.05 high. It even spiked below the $20 support zone. However, the bulls were active above $18.80.<\/p>\n<p>AVAX price found support near $18.80 and the 61.8% Fib retracement level of the upward move from the $15.60 swing low to the $24.05 high. It is again moving higher and trading above the $20 level.<\/p>\n<p>There was a move above the $21 zone and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $20.60 on the 4-hour chart of the AVAX\/USD pair. On the upside, an immediate resistance is near the $22.50 zone.<\/p>\n<p><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/AVAX-Price-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-563118\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/AVAX-Price-1.png?resize=1024%2C468\" alt=\"AVAX Price Prediction\" width=\"1024\" height=\"468\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/AVAX-Price-1.png?w=1835 1835w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/AVAX-Price-1.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/AVAX-Price-1.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/AVAX-Price-1.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/AVAX-Price-1.png?w=1536 1536w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/AVAX-Price-1.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/AVAX-Price-1.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/AVAXUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">AVAXUSD on TradingView.com<\/a><\/p>\n<p>The next major resistance is forming near the $23.00 zone. If there is an upside break above the $22.50 and $23.00 levels, the price could surge over 10%. In the stated case, the price could rise steadily towards the $25 level.<\/p>\n<h2>Dips Limited in Avalanche?<\/h2>\n<p>If AVAX price fails to continue higher above the $22.50 or $23.00 levels, it could start another decline. Immediate support on the downside is near the $20.60 level and the 100 simple moving average (4 hours).<\/p>\n<p>The main support is near the $19.50 zone. A downside break below the $19.50 level could open the doors for a fresh decline towards $18.80. The next major support is near the $15.80 level.<\/p>\n<p>Technical Indicators<\/p>\n<p>4 hours MACD \u2013 The MACD for AVAX\/USD is gaining momentum in the bullish zone.<\/p>\n<p>4 hours RSI (Relative Strength Index) \u2013 The RSI for AVAX\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $19.50 and $18.80.<\/p>\n<p>Major Resistance Levels \u2013 $22.50, $23.00, and $25.00.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AVAX price is showing positive signs above the $20 support. Avalanche bulls seem to be in control, and they might aim for a rally toward $25. AVAX price is showing positive signs above the $20 level against the US dollar. The price is trading above $21 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $20.60 on the 4-hour chart of the AVAX\/USD pair (data source from Kraken). The pair could continue to rise if there is a clear move above the $22.50 and $23.00 resistance levels. AVAX Price Signals Fresh Rally After a strong increase, Avalanche\u2019s AVAX faced resistance near the $24.00 zone. It started a downside correction from $24.05 but remained in a positive zone, like Bitcoin and Ethereum. There was a drop below the $23 and $22 levels. The price declined below the 50% Fib retracement level of the upward move from the $15.60 swing low to the $24.05 high. It even spiked below the $20 support zone. However, the bulls were active above $18.80. AVAX price found support near $18.80 and the 61.8% Fib retracement level of the upward move from the $15.60 swing low to the $24.05 high. It is again moving higher and trading above the $20 level. There was a move above the $21 zone and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $20.60 on the 4-hour chart of the AVAX\/USD pair. On the upside, an immediate resistance is near the $22.50 zone. Source: AVAXUSD on TradingView.com The next major resistance is forming near the $23.00 zone. If there is an upside break above the $22.50 and $23.00 levels, the price could surge over 10%. In the stated case, the price could rise steadily towards the $25 level. Dips Limited in Avalanche? If AVAX price fails to continue higher above the $22.50 or $23.00 levels, it could start another decline. Immediate support on the downside is near the $20.60 level and the 100 simple moving average (4 hours). The main support is near the $19.50 zone. A downside break below the $19.50 level could open the doors for a fresh decline towards $18.80. The next major support is near the $15.80 level. Technical Indicators 4 hours MACD \u2013 The MACD for AVAX\/USD is gaining momentum in the bullish zone. 4 hours RSI (Relative Strength Index) \u2013 The RSI for AVAX\/USD is now above the 50 level. Major Support Levels \u2013 $19.50 and $18.80. Major Resistance Levels \u2013 $22.50, $23.00, and $25.00.<\/p>\n","protected":false},"author":67,"featured_media":563119,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[9885,87282,86413,86411,88018,86511],"class_list":["post-563117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-avalanche","tag-avalanche-price","tag-avax-price","tag-avax-usd","tag-avax-usdt","tag-avaxusd"],"acf":[],"yoast_head":"\n<title>AVAX Price Prediction: Avalanche Rally Just Getting Started?<\/title>\n<meta name=\"description\" content=\"AVAX price is showing positive signs above the $20 support. 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Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. 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