Avalanche AVAX
Current Price
$9.12 -1.75%
$0.3600 Daily Range (3.95%)
$8.99$9.35
$293.71M Daily Volume
3,948 BTC
Vol/MktCap: 7.46%
Market Performance
0.52% Relative BTC Volume
The total volume of Avalanche is $293.71M over the past 24 hours, compared to $56.80B total Bitcoin volume.
Hourly Moving Average
8 SMA $9.14 -0.18%
13 SMA $9.19 -0.79%
21 SMA $9.21 -1.00%
55 SMA $9.42 -3.18%
144 SMA $9.46 -3.63%
Price Performance
+1.22% 1 Hour Change
$9.12 from $9.01
-0.30% 7 Day Change
-$0.0275 from $9.15
-3.18% 14 Day Change
-$0.2902 from $9.41
-4.46% 30 Day Change
-$0.4071 from $9.53
All Time High
November 21, 2021
$144.96 -93.71%
-$135.84 vs. now
24H Change
-60.96M USD -1.52%
-819 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
23.15 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
32.03M AVAX
traded over past 24 hours
7.42% 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 priced at $9.09, reflecting a 24-hour change of -2.18%. The daily trading range remains tight at 0.36%, with a 24-hour high of $9.35 and a low of $8.99, indicating slight volatility in the short term.
The trading volume stands at approximately 295 million, corresponding to a volume-to-market cap ratio of 7.52%. This relatively high volume suggests active trading interest, but the recent price decline indicates potential selling pressure from traders seeking profit-taking opportunities.
Analyzing the moving averages, the 8 SMA at $9.14, 13 SMA at $9.19, and 21 SMA at $9.21 show a downward trend, while longer-term SMAs like the 55 SMA at $9.42 and 144 SMA at $9.46 reflect even steeper declines. This consistent downtrend across different timeframes indicates a bearish sentiment, reinforcing the need for caution among investors.
The 1-hour RSI at 41 indicates that AVAX is nearing oversold conditions, but it is not yet in the oversold territory. Conversely, the 7-day RSI at 47 suggests that while there may be some near-term recovery potential, the overall momentum remains weak.
On a longer-term perspective, the 30-day price change of -5.22% reflects a bearish trend, while the 14-day change of 1.68% shows slight recent stabilization. However, the substantial gap from the all-time high of $144.96 achieved in November 2021 highlights significant long-term weakness and market skepticism regarding AVAX's growth prospects.
Given the current price action, downward moving averages, and bearish momentum indicators, a cautious approach is warranted. Therefore, the recommendation for AVAX is to Hold, as market conditions do not favor new positions, and potential for a near-term recovery is limited without a significant change in market sentiment.
The trading volume stands at approximately 295 million, corresponding to a volume-to-market cap ratio of 7.52%. This relatively high volume suggests active trading interest, but the recent price decline indicates potential selling pressure from traders seeking profit-taking opportunities.
Analyzing the moving averages, the 8 SMA at $9.14, 13 SMA at $9.19, and 21 SMA at $9.21 show a downward trend, while longer-term SMAs like the 55 SMA at $9.42 and 144 SMA at $9.46 reflect even steeper declines. This consistent downtrend across different timeframes indicates a bearish sentiment, reinforcing the need for caution among investors.
The 1-hour RSI at 41 indicates that AVAX is nearing oversold conditions, but it is not yet in the oversold territory. Conversely, the 7-day RSI at 47 suggests that while there may be some near-term recovery potential, the overall momentum remains weak.
On a longer-term perspective, the 30-day price change of -5.22% reflects a bearish trend, while the 14-day change of 1.68% shows slight recent stabilization. However, the substantial gap from the all-time high of $144.96 achieved in November 2021 highlights significant long-term weakness and market skepticism regarding AVAX's growth prospects.
Given the current price action, downward moving averages, and bearish momentum indicators, a cautious approach is warranted. Therefore, the recommendation for AVAX is to Hold, as market conditions do not favor new positions, and potential for a near-term recovery is limited without a significant change in market sentiment.
Updated 157 minutes ago.
Avalanche Relative Price at Market Cap of:
Avalanche TradingView Chart
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