Avalanche AVAX
Current Price
$9.18 -3.10%
$0.4300 Daily Range (4.68%)
$9.12$9.55
$234.37M Daily Volume
3,057 BTC
Vol/MktCap: 5.91%
Market Performance
0.56% Relative BTC Volume
The total volume of Avalanche is $234.37M over the past 24 hours, compared to $41.75B total Bitcoin volume.
Hourly Moving Average
8 SMA $9.22 -0.38%
13 SMA $9.23 -0.57%
21 SMA $9.33 -1.62%
55 SMA $9.37 -2.05%
144 SMA $9.39 -2.27%
Price Performance
+0.07% 1 Hour Change
$9.18 from $9.17
+0.01% 7 Day Change
$0.0011 from $9.18
-1.18% 14 Day Change
-$0.1081 from $9.29
+3.10% 30 Day Change
$0.2849 from $8.90
All Time High
November 21, 2021
$144.96 -93.67%
-$135.78 vs. now
24H Change
-123.33M USD -3.02%
-1,608 BTC
Volume and Supply
Total Supply: 463.44M AVAX 
431.77M AVAX Available93.17% 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
23.15 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
25.11M AVAX
traded over past 24 hours
5.81% 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 $9.16, reflecting a 24-hour price decline of 3.30%. The daily range indicates a low of $9.12 and a high of $9.55, suggesting a relatively narrow trading window of 0.43% in the last 24 hours, with a trading volume of approximately $242.4 million, indicating a Vol/Market Cap ratio of 6.13%.
The short-term moving averages are exhibiting bearish signals, with the 8 SMA at $9.29 showing a decline of 1.40%, and the longer-term 144 SMA also at $9.40 down 2.56%. The 1-hour RSI is at an extremely low 23, indicating oversold conditions, while the 7-day RSI at 48 suggests that the asset is neither overbought nor oversold, reflecting indecision in the market.
From a price trend perspective, AVAX has decreased by approximately 0.65% over the past week and 0.47% over the last 14 days, although it has seen a notable 3.22% increase over the past 30 days. This suggests a potential short-term correction after a recovery period, with current momentum lacking the strength to push prices upward.
Given the significant distance from its all-time high of $144.96 and the current bearish momentum indicated by moving averages, it appears that AVAX is facing resistance in regaining upward momentum. The low RSI levels could suggest a potential rebound; however, without confirmation of trend reversal, caution is warranted.
In conclusion, the current analysis indicates a Sell rating for AVAX. The combination of bearish price action, weak short-term indicators, and declining moving averages suggests that a further downside is probable before any substantial recovery can be anticipated.
The short-term moving averages are exhibiting bearish signals, with the 8 SMA at $9.29 showing a decline of 1.40%, and the longer-term 144 SMA also at $9.40 down 2.56%. The 1-hour RSI is at an extremely low 23, indicating oversold conditions, while the 7-day RSI at 48 suggests that the asset is neither overbought nor oversold, reflecting indecision in the market.
From a price trend perspective, AVAX has decreased by approximately 0.65% over the past week and 0.47% over the last 14 days, although it has seen a notable 3.22% increase over the past 30 days. This suggests a potential short-term correction after a recovery period, with current momentum lacking the strength to push prices upward.
Given the significant distance from its all-time high of $144.96 and the current bearish momentum indicated by moving averages, it appears that AVAX is facing resistance in regaining upward momentum. The low RSI levels could suggest a potential rebound; however, without confirmation of trend reversal, caution is warranted.
In conclusion, the current analysis indicates a Sell rating for AVAX. The combination of bearish price action, weak short-term indicators, and declining moving averages suggests that a further downside is probable before any substantial recovery can be anticipated.
Updated 125 minutes ago.
Avalanche Relative Price at Market Cap of:
Avalanche TradingView Chart
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