Avalanche AVAX
Current Price
$13.34 +0.01%
$0.2900 Daily Range (2.17%)
$13.18$13.47
$330.60M Daily Volume
3,811 BTC
Vol/MktCap: 5.78%
Market Performance
0.51% Relative BTC Volume
The total volume of Avalanche is $330.60M over the past 24 hours, compared to $64.43B total Bitcoin volume.
Hourly Moving Average
8 SMA $13.38 -0.28%
13 SMA $13.35 -0.08%
21 SMA $13.34 -0.04%
55 SMA $13.29 +0.37%
144 SMA $13.82 -3.49%
Price Performance
-0.47% 1 Hour Change
$13.34 from $13.40
-13.99% 7 Day Change
-$1.87 from $15.21
-25.86% 14 Day Change
-$3.45 from $16.79
-31.07% 30 Day Change
-$4.14 from $17.48
All Time High
November 21, 2021
$144.96 -90.80%
-$131.62 vs. now
24H Change
-6.54M USD -0.11%
-75 BTC
Volume and Supply
Total Supply: 460.54M AVAX 
428.87M AVAX Available93.12% 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
23.08 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
24.81M AVAX
traded over past 24 hours
5.78% 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 $13.32, reflecting a slight decline of 0.40% over the last 24 hours. The daily price action has been relatively stable, with a high of $13.47 and a low of $13.18, indicating a tight trading range of 0.29%.
The trading volume stands at 331,688,895, representing 5.81% of the market cap, which suggests moderate investor interest. The hourly moving averages indicate a bearish short-term trend, with the 8 SMA at $13.38 showing a decrease of 0.43%, while the longer 144 SMA indicates a more pronounced decline of 3.63% at $13.82.
The Relative Strength Index (RSI) on an hourly basis is at 49, suggesting a neutral market sentiment, while the 7-day RSI at 45 indicates potential bearish pressure. Furthermore, AVAX has experienced significant declines over longer time frames, with a 7-day price change of approximately -13.94%, a 14-day decline of about -25.68%, and a 30-day drop of roughly -31.42%.
Given that the current price is significantly lower than its all-time high of $144.96 reached in November 2021, it indicates a substantial potential for recovery if market conditions improve. However, the persistent downtrend in the moving averages, combined with bearish RSI readings, suggests that the asset may face continued selling pressure in the short term.
In conclusion, the current technical indicators and price action suggest a cautious approach. Therefore, I recommend a Hold rating for AVAX, as the potential for recovery exists, but the bearish trend and overall market sentiment warrant careful observation before making further investment decisions.
The trading volume stands at 331,688,895, representing 5.81% of the market cap, which suggests moderate investor interest. The hourly moving averages indicate a bearish short-term trend, with the 8 SMA at $13.38 showing a decrease of 0.43%, while the longer 144 SMA indicates a more pronounced decline of 3.63% at $13.82.
The Relative Strength Index (RSI) on an hourly basis is at 49, suggesting a neutral market sentiment, while the 7-day RSI at 45 indicates potential bearish pressure. Furthermore, AVAX has experienced significant declines over longer time frames, with a 7-day price change of approximately -13.94%, a 14-day decline of about -25.68%, and a 30-day drop of roughly -31.42%.
Given that the current price is significantly lower than its all-time high of $144.96 reached in November 2021, it indicates a substantial potential for recovery if market conditions improve. However, the persistent downtrend in the moving averages, combined with bearish RSI readings, suggests that the asset may face continued selling pressure in the short term.
In conclusion, the current technical indicators and price action suggest a cautious approach. Therefore, I recommend a Hold rating for AVAX, as the potential for recovery exists, but the bearish trend and overall market sentiment warrant careful observation before making further investment decisions.
Updated 31 minutes ago.
Avalanche Relative Price at Market Cap of:
Avalanche TradingView Chart
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