Avalanche AVAX
Current Price
$9.37 -2.86%
$0.5900 Daily Range (6.30%)
$9.38$9.97
$371.11M Daily Volume
4,892 BTC
Vol/MktCap: 9.17%
Market Performance
0.43% Relative BTC Volume
The total volume of Avalanche is $371.11M over the past 24 hours, compared to $85.97B total Bitcoin volume.
Hourly Moving Average
Price Performance
-3.38% 1 Hour Change
$9.37 from $9.70
+1.09% 7 Day Change
$0.1017 from $9.27
+5.48% 14 Day Change
$0.5136 from $8.86
-2.30% 30 Day Change
-$0.2153 from $9.59
All Time High
November 21, 2021
$144.96 -93.51%
-$135.55 vs. now
24H Change
-118.83M USD -2.85%
-1,566 BTC
Volume and Supply
Total Supply: 463.44M AVAX 
431.77M AVAX AvailableRelative Supply Ratio
23.15 x BTC SupplyRelative Trade Volume
38.36M AVAX
traded over past 24 hours
Conversion Tool
Avalanche AI Market Analysis
The trading volume stands at approximately $366.59 million, which represents 8.75% of the market cap, suggesting healthy trading activity. However, the 1-hour RSI is at 27, indicating a potential short-term oversold condition, while the 7-day RSI at 55 shows that the asset is neither overbought nor oversold in the medium term.
Moving averages indicate a mixed outlook; the 8 SMA, 13 SMA, and 21 SMA are all showing slight declines, while the 55 SMA is increasing by 0.83%, reflecting short-term selling pressure. The 144 SMA is significantly higher at $9.41, suggesting that there is potential support at this level.
Over the last week, AVAX has appreciated by approximately 4.65%, and over the past 14 days, it has gained 9.41%. However, the 30-day price change indicates a much more muted performance of only 0.86%, suggesting that while there are short-term gains, longer-term momentum may be lacking.
Considering the technical indicators, the mixed performance of moving averages, and the relatively low RSI readings, AVAX appears to be at a critical juncture. Despite the recent uptick, the overall price performance over the past month and the high volatility suggest caution is warranted.
Given these factors, I recommend a Hold rating for AVAX. While there is potential for short-term gains, the mixed signals from technical indicators and the lack of significant upward momentum over the past month suggest that investors should wait for clearer signals before making any new positions.
Updated 346 minutes ago.
Avalanche Relative Price at Market Cap of:
Avalanche TradingView Chart
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