Avalanche AVAX
Current Price
$9.39 -0.94%
$0.2500 Daily Range (2.66%)
$9.36$9.61
$238.96M Daily Volume
3,447 BTC
Vol/MktCap: 5.89%
Market Performance
0.62% Relative BTC Volume
The total volume of Avalanche is $238.96M over the past 24 hours, compared to $38.30B total Bitcoin volume.
Hourly Moving Average
8 SMA $9.47 -0.89%
13 SMA $9.51 -1.25%
21 SMA $9.52 -1.36%
55 SMA $9.31 +0.82%
144 SMA $9.43 -0.39%
Price Performance
+0.14% 1 Hour Change
$9.39 from $9.38
-8.78% 7 Day Change
-$0.8248 from $10.21
-2.46% 14 Day Change
-$0.2310 from $9.62
+6.53% 30 Day Change
$0.6130 from $8.78
All Time High
November 21, 2021
$144.96 -93.53%
-$135.57 vs. now
24H Change
-29.97M USD -0.73%
-432 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
23.17 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
25.19M AVAX
traded over past 24 hours
5.83% 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 $9.41, reflecting a slight 24-hour decline of 0.80%. The price has oscillated between a high of $9.61 and a low of $9.36 in the last day, indicating a daily range of 0.25%, suggesting low volatility in the current trading environment.
The trading volume over the past 24 hours stands at approximately $242.4 million, with a volume-to-market cap ratio of 5.96%, indicating a healthy level of trading activity relative to its market capitalization. Short-term moving averages are predominantly bearish; the 8 SMA at $9.47 and the 13 SMA at $9.51 both reflect declines, suggesting downward momentum, while the 55 SMA at $9.31 shows a slight bullish trend.
Technical indicators reveal that the 1-hour RSI is at 33, indicating oversold conditions, while the 7-day RSI is at 47, approaching neutral territory. The 7-day price change of -8.38% reflects bearish sentiment over the past week, with a slightly positive 30-day change of 6.10%, hinting at some recovery in the longer term.
Despite the short-term bearish trends indicated by moving averages and RSI metrics, the price remains significantly below its all-time high of $144.96, suggesting potential for future appreciation. However, current price levels suggest that immediate buying pressure is weak, as reflected in the ongoing downward price movement and low RSI readings.
In conclusion, the combination of bearish short-term indicators and mixed longer-term trends suggests a cautious approach. Therefore, the recommendation for Avalanche (AVAX) is to Hold, as the current price levels may offer a potential entry point for future gains, but immediate buying pressure is lacking.
The trading volume over the past 24 hours stands at approximately $242.4 million, with a volume-to-market cap ratio of 5.96%, indicating a healthy level of trading activity relative to its market capitalization. Short-term moving averages are predominantly bearish; the 8 SMA at $9.47 and the 13 SMA at $9.51 both reflect declines, suggesting downward momentum, while the 55 SMA at $9.31 shows a slight bullish trend.
Technical indicators reveal that the 1-hour RSI is at 33, indicating oversold conditions, while the 7-day RSI is at 47, approaching neutral territory. The 7-day price change of -8.38% reflects bearish sentiment over the past week, with a slightly positive 30-day change of 6.10%, hinting at some recovery in the longer term.
Despite the short-term bearish trends indicated by moving averages and RSI metrics, the price remains significantly below its all-time high of $144.96, suggesting potential for future appreciation. However, current price levels suggest that immediate buying pressure is weak, as reflected in the ongoing downward price movement and low RSI readings.
In conclusion, the combination of bearish short-term indicators and mixed longer-term trends suggests a cautious approach. Therefore, the recommendation for Avalanche (AVAX) is to Hold, as the current price levels may offer a potential entry point for future gains, but immediate buying pressure is lacking.
Updated 82 minutes ago.
Avalanche Relative Price at Market Cap of:
Avalanche TradingView Chart
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