Avalanche AVAX
Current Price
$12.41 -2.56%
$0.4800 Daily Range (3.87%)
$12.34$12.82
$318.20M Daily Volume
3,504 BTC
Vol/MktCap: 5.95%
Market Performance
0.76% Relative BTC Volume
The total volume of Avalanche is $318.20M over the past 24 hours, compared to $42.14B total Bitcoin volume.
Hourly Moving Average
8 SMA $12.59 -1.47%
13 SMA $12.63 -1.77%
21 SMA $12.68 -2.12%
55 SMA $13.01 -4.63%
144 SMA $13.59 -8.67%
Price Performance
-0.65% 1 Hour Change
$12.41 from $12.49
-10.07% 7 Day Change
-$1.25 from $13.66
-14.96% 14 Day Change
-$1.86 from $14.27
+1.50% 30 Day Change
$0.1865 from $12.22
All Time High
November 21, 2021
$144.96 -91.46%
-$132.57 vs. now
24H Change
-142.33M USD -2.59%
-1,567 BTC
Volume and Supply
Total Supply: 462.65M AVAX 
430.98M AVAX Available93.15% 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
23.16 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
25.29M AVAX
traded over past 24 hours
5.87% 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 $12.44, reflecting a 2.68% decrease over the past 24 hours. The daily trading range has been narrow, with a high of $12.82 and a low of $12.45, indicating low volatility in the short term.
Volume stands at approximately $268.71 million, representing 5.00% of the market cap, which suggests moderate trading activity. The recent price action shows a downward trend, with the 7-day RSI at 37, indicating that the asset is nearing oversold territory but still has potential for further decline.
The hourly moving averages indicate bearish momentum, with the 8 SMA at $12.71 reflecting a 2.10% drop, and the 55 SMA significantly lower at $13.14, down 5.31%. This consistent downward movement across shorter time frames suggests selling pressure is prevalent, potentially leading to further declines in the near term.
Over the past week, AVAX has dropped 9.43%, and over the past 14 days, it has decreased by 14.19%. The 30-day change of 2.49% shows a slight recovery compared to the previous periods, but overall, the trend remains negative.
Given the substantial distance from its all-time high of $144.96, the current price reflects a significant decline in value, underscoring bearish sentiment in the market. The technical indicators combined with the ongoing downward trend in price suggest that any potential rebound may be limited unless strong buying pressure emerges.
In conclusion, the current market conditions and technical indicators suggest a Sell rating for AVAX. The persistent downtrend, coupled with bearish RSI levels, points to further declines in the near term, warranting caution for potential investors.
Volume stands at approximately $268.71 million, representing 5.00% of the market cap, which suggests moderate trading activity. The recent price action shows a downward trend, with the 7-day RSI at 37, indicating that the asset is nearing oversold territory but still has potential for further decline.
The hourly moving averages indicate bearish momentum, with the 8 SMA at $12.71 reflecting a 2.10% drop, and the 55 SMA significantly lower at $13.14, down 5.31%. This consistent downward movement across shorter time frames suggests selling pressure is prevalent, potentially leading to further declines in the near term.
Over the past week, AVAX has dropped 9.43%, and over the past 14 days, it has decreased by 14.19%. The 30-day change of 2.49% shows a slight recovery compared to the previous periods, but overall, the trend remains negative.
Given the substantial distance from its all-time high of $144.96, the current price reflects a significant decline in value, underscoring bearish sentiment in the market. The technical indicators combined with the ongoing downward trend in price suggest that any potential rebound may be limited unless strong buying pressure emerges.
In conclusion, the current market conditions and technical indicators suggest a Sell rating for AVAX. The persistent downtrend, coupled with bearish RSI levels, points to further declines in the near term, warranting caution for potential investors.
Updated 358 minutes ago.
Avalanche Relative Price at Market Cap of:
Avalanche TradingView Chart
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