Avalanche AVAX
Current Price
$12.34 +0.55%
$0.3400 Daily Range (2.76%)
$12.02$12.36
$364.57M Daily Volume
4,167 BTC
Vol/MktCap: 6.88%
Market Performance
0.78% Relative BTC Volume
The total volume of Avalanche is $364.57M over the past 24 hours, compared to $46.50B total Bitcoin volume.
Hourly Moving Average
8 SMA $12.30 +0.35%
13 SMA $12.28 +0.52%
21 SMA $12.26 +0.69%
55 SMA $12.62 -2.22%
144 SMA $13.06 -5.52%
Price Performance
+0.22% 1 Hour Change
$12.34 from $12.31
-15.47% 7 Day Change
-$1.91 from $14.25
-10.45% 14 Day Change
-$1.29 from $13.63
-20.25% 30 Day Change
-$2.50 from $14.84
All Time High
November 21, 2021
$144.96 -91.51%
-$132.65 vs. now
24H Change
32.69M USD +0.62%
374 BTC
Volume and Supply
Total Supply: 461.14M AVAX 
429.48M AVAX Available93.13% 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
23.10 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
29.91M AVAX
traded over past 24 hours
6.96% 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 $12.31, reflecting a marginal 24-hour change of 0.02269%. The daily range has been tight, with a high of $12.36 and a low of $12.02, indicating a stable price action but limited volatility in the short term.
Volume has seen significant activity at 364,605,961, contributing to a volume/market cap ratio of 6.90%. This suggests that there is an active trading environment, although the 24-hour price change indicates a lack of strong momentum in either direction.
The hourly moving averages show mixed signals; while the 8 SMA ($12.30) and 13 SMA ($12.28) are indicating slight bullish momentum, the 55 SMA ($12.62) and 144 SMA ($13.06) suggest bearish pressure over longer time frames. The 1-hour RSI is at 57, hinting at potential upward momentum, whereas the 7-day RSI at 44 indicates oversold conditions that could lead to a rebound.
From a longer-term perspective, AVAX has experienced notable declines with a 7-day price change of -15.77%, a 14-day decline of -9.91%, and a 30-day drop of -18.61%. The substantial deviation from its all-time high of $144.96 raises concerns about the asset's recovery potential.
Given the current mixed signals from both technical indicators and recent price performance, the outlook for AVAX appears cautiously optimistic for short-term trading but lacks strong bullish fundamentals. Therefore, the recommendation is to Hold, as potential for a rebound exists, but the prevailing bearish sentiment and recent price declines warrant a more conservative approach.
Volume has seen significant activity at 364,605,961, contributing to a volume/market cap ratio of 6.90%. This suggests that there is an active trading environment, although the 24-hour price change indicates a lack of strong momentum in either direction.
The hourly moving averages show mixed signals; while the 8 SMA ($12.30) and 13 SMA ($12.28) are indicating slight bullish momentum, the 55 SMA ($12.62) and 144 SMA ($13.06) suggest bearish pressure over longer time frames. The 1-hour RSI is at 57, hinting at potential upward momentum, whereas the 7-day RSI at 44 indicates oversold conditions that could lead to a rebound.
From a longer-term perspective, AVAX has experienced notable declines with a 7-day price change of -15.77%, a 14-day decline of -9.91%, and a 30-day drop of -18.61%. The substantial deviation from its all-time high of $144.96 raises concerns about the asset's recovery potential.
Given the current mixed signals from both technical indicators and recent price performance, the outlook for AVAX appears cautiously optimistic for short-term trading but lacks strong bullish fundamentals. Therefore, the recommendation is to Hold, as potential for a rebound exists, but the prevailing bearish sentiment and recent price declines warrant a more conservative approach.
Updated 31 minutes ago.
Avalanche Relative Price at Market Cap of:
Avalanche TradingView Chart
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