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Cryptocurrency News Articles
AVAX Price Prediction 2024: Will AVAX Reach $34.03 by Oct 08, 2024?
Oct 03, 2024 at 12:01 pm
AVAX price is expected to rise by 33.40% in the next 5 days according to our Avalanche price prediction is trading at $25.56 after losing -3.08%
The price of AVAX (CRYPTO:AVAX) dropped -3.08% in the last 24 hours to reach $ 25.56. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -1.76% in the same time period. AVAX performed poorly against BTC today and recorded a -2.54% loss against the world’s largest cryptocurrency.
According to Benzinga Pro, the coin is displaying a neutralをもってして technical reading. Out of the 30 moving averages, 16 are signaling a bullish prediction, while 15 are bearish. Moreover, out of the 30 total indicators, 16 are predicting a bullish price movement, while 15 suggest bearish price movements.
What has been going on with Avalanche in the last 30 days
The last 30 days saw AVAX record 17 days of positive price movements. The coin saw a high of $ 28.0 and a low of $ 24.01 in the last 30 days. In the last 3 months, the coin went up 8.63%. This 3-month period saw a maximum price of $ 31.8 and a minimum price of $ 18.8.
The coin reached its all-time high price on Nov 21, 2021, when the price of AVAX peaked at $ 146.18. The current AVAX cycle high is $ 65.26, while the cycle low is at $ 8.69.
Avalanche technical analysis for today - Oct 03, 2024
The rally in AVAX price over the last 24 hours saw the coin hit a high of $ 26.08 and a low of $ 25.1. At the time of writing, AVAX is trading at $ 25.56.
The most important support levels to watch are $ 24.82, $ 24.21 and $ 23.24, while $ 26.41, $ 27.38 and $ 28.00 are the key resistance levels.
Crypto market is currently experiencing Fear
The Fear & Greed index is currently at 37 (Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed†reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear†reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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