Avalanche AVAX
Current Price
$8.82 -1.71%
$0.5100 Daily Range (5.78%)
$8.46$8.97
$354.44M Daily Volume
5,394 BTC
Vol/MktCap: 9.33%
Market Performance
0.87% Relative BTC Volume
The total volume of Avalanche is $354.44M over the past 24 hours, compared to $40.87B total Bitcoin volume.
Hourly Moving Average
8 SMA $8.60 +2.57%
13 SMA $8.60 +2.55%
21 SMA $8.72 +1.14%
55 SMA $9.02 -2.17%
144 SMA $8.85 -0.38%
Price Performance
+1.52% 1 Hour Change
$8.82 from $8.69
-4.51% 7 Day Change
-$0.3977 from $9.22
-6.51% 14 Day Change
-$0.5738 from $9.39
-19.90% 30 Day Change
-$1.75 from $10.57
All Time High
November 21, 2021
$144.96 -93.97%
-$136.22 vs. now
24H Change
-76.08M USD -1.96%
-1,158 BTC
Volume and Supply
Total Supply: 463.44M AVAX 
431.77M AVAX Available93.17% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
23.18 x BTC Supply23:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
40.67M AVAX
traded over past 24 hours
9.42% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Avalanche AI Market Analysis
Avalanche (AVAX) is currently trading at $8.55, reflecting a 24-hour decline of 5.38%. The price has fluctuated between a daily high of $9.03 and a low of $8.46, indicating a relatively narrow daily range of 0.57%.
The trading volume stands at approximately $338 million, contributing to a volume-to-market cap ratio of 9.19%, which suggests moderate trading activity relative to its market capitalization. Moving averages indicate bearish momentum, with the 8 SMA at $8.61 (-0.75%), 13 SMA at $8.74 (-2.13%), and the more extended 55 SMA at $9.09 (-5.99%), reflecting an overall downward trend in the short to medium term.
The RSI metrics show weakness, with the 1-hour RSI at 31, indicating oversold conditions, while the 7-day RSI at 48 suggests a neutral stance. Additionally, AVAX has experienced a notable decline over the past month, with a 30-day price change of -25.84%, signaling ongoing bearish sentiment in the market.
From a fundamental perspective, the significant drop from the all-time high of $144.96 in November 2021 highlights a drastic decrease in investor confidence and market value. The sustained downward trend over various timeframes further emphasizes the challenges AVAX faces in regaining upward momentum.
Given the current technical indicators, including the bearish moving averages and oversold RSI conditions, coupled with a lack of strong buying pressure, the outlook for Avalanche remains bearish. Therefore, the recommendation is to Hold AVAX for now, monitoring for potential signs of stabilization or reversal before making any further investment decisions.
The trading volume stands at approximately $338 million, contributing to a volume-to-market cap ratio of 9.19%, which suggests moderate trading activity relative to its market capitalization. Moving averages indicate bearish momentum, with the 8 SMA at $8.61 (-0.75%), 13 SMA at $8.74 (-2.13%), and the more extended 55 SMA at $9.09 (-5.99%), reflecting an overall downward trend in the short to medium term.
The RSI metrics show weakness, with the 1-hour RSI at 31, indicating oversold conditions, while the 7-day RSI at 48 suggests a neutral stance. Additionally, AVAX has experienced a notable decline over the past month, with a 30-day price change of -25.84%, signaling ongoing bearish sentiment in the market.
From a fundamental perspective, the significant drop from the all-time high of $144.96 in November 2021 highlights a drastic decrease in investor confidence and market value. The sustained downward trend over various timeframes further emphasizes the challenges AVAX faces in regaining upward momentum.
Given the current technical indicators, including the bearish moving averages and oversold RSI conditions, coupled with a lack of strong buying pressure, the outlook for Avalanche remains bearish. Therefore, the recommendation is to Hold AVAX for now, monitoring for potential signs of stabilization or reversal before making any further investment decisions.
Updated 326 minutes ago.
Avalanche Relative Price at Market Cap of:
Avalanche TradingView Chart
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