Avalanche AVAX
Current Price
$9.10 -0.37%
$0.1200 Daily Range (1.32%)
$9.06$9.18
$123.07M Daily Volume
1,591 BTC
Vol/MktCap: 3.13%
Market Performance
0.40% Relative BTC Volume
The total volume of Avalanche is $123.07M over the past 24 hours, compared to $30.86B total Bitcoin volume.
Hourly Moving Average
Price Performance
-0.20% 1 Hour Change
$9.10 from $9.12
-2.81% 7 Day Change
-$0.2554 from $9.36
-5.95% 14 Day Change
-$0.5416 from $9.64
-0.80% 30 Day Change
-$0.0726 from $9.17
All Time High
November 21, 2021
$144.96 -93.72%
-$135.86 vs. now
24H Change
-17.74M USD -0.45%
-229 BTC
Volume and Supply
Total Supply: 463.44M AVAX 
431.77M AVAX AvailableRelative Supply Ratio
23.15 x BTC SupplyRelative Trade Volume
13.49M AVAX
traded over past 24 hours
Conversion Tool
Avalanche AI Market Analysis
The trading volume of 136,616,851 suggests moderate activity, with a volume-to-market cap ratio of 3.47%, indicating that liquidity may be sufficient for short-term traders. However, the recent performance shows negative trends, with a 7-day price change of -2.71% and a 14-day price change of -4.74%, suggesting bearish sentiment in the short to medium term.
Technical indicators further support this bearish outlook, as the hourly moving averages are trending downward. The 55 SMA at $9.16 and the 144 SMA at $9.26 are both declining, indicating that short-term momentum is weak, while the 1-hour RSI at 51 is neutral but shows potential for further declines if momentum does not improve.
In contrast, the 30-day price change is slightly positive at 1.52%, indicating some longer-term strength. However, the 7-day RSI at 45 suggests that AVAX may be approaching oversold territory, which could provide a buying opportunity if there is a reversal in momentum.
Given the current technical setup and mixed fundamental signals, a cautious approach is warranted. The overall market sentiment appears bearish, but the presence of relatively stable long-term support levels could provide a buffer against further declines.
Rating: Hold. The lack of strong upward momentum and the current bearish indicators suggest that investors should wait for clearer signals before considering a buy, as the potential for further downside exists in the short term.
Updated 300 minutes ago.
Avalanche Relative Price at Market Cap of:
Avalanche TradingView Chart
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