Avalanche AVAX
Current Price
$12.20 -2.85%
$0.4800 Daily Range (3.93%)
$12.08$12.56
$229.69M Daily Volume
2,561 BTC
Vol/MktCap: 4.37%
Market Performance
0.60% Relative BTC Volume
The total volume of Avalanche is $229.69M over the past 24 hours, compared to $38.12B total Bitcoin volume.
Hourly Moving Average
Price Performance
+0.33% 1 Hour Change
$12.20 from $12.16
-11.71% 7 Day Change
-$1.43 from $13.63
-12.21% 14 Day Change
-$1.49 from $13.69
+1.64% 30 Day Change
$0.2004 from $12.00
All Time High
November 21, 2021
$144.96 -91.58%
-$132.75 vs. now
24H Change
-150.58M USD -2.78%
-1,679 BTC
Volume and Supply
Total Supply: 462.92M AVAX 
431.25M AVAX AvailableRelative Supply Ratio
23.17 x BTC SupplyRelative Trade Volume
18.64M AVAX
traded over past 24 hours
Conversion Tool
Avalanche AI Market Analysis
Volume has been substantial at 256,648,448, with a volume-to-market cap ratio of 4.91%. The high trading volume suggests active interest, but the recent price drop may deter bullish sentiment as traders react to negative momentum.
Technical indicators show that all key short-term moving averages (8, 13, 21, and 55 SMA) are trending below the current price, indicating bearish sentiment. The 144 SMA, significantly above the current price at $12.90, further reflects a downward trend with a decline of 5.79%.
The 1-hour RSI is at a notably low 18, suggesting that AVAX is oversold in the immediate term, while the 7-day RSI at 42 indicates a lack of momentum but not yet in the oversold zone. Over the past week, AVAX has decreased by 11.09%, and the 14-day price change shows a similar trend, with a decline of 12.14%.
In contrast, the 30-day price change shows a slight increase of 0.44%, indicating potential for a recovery if short-term selling pressure abates. However, with the current technical indicators pointing towards a bearish trend and no clear bullish reversal patterns, the outlook remains cautious.
Given the recent downtrend, short-term technical indicators, and overall market sentiment, I recommend a Hold rating for AVAX. Investors should monitor for signs of stabilization before considering a buy, particularly watching for a potential recovery in RSI and volume trends.
Updated 342 minutes ago.
Avalanche Relative Price at Market Cap of:
Avalanche TradingView Chart
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