Avalanche AVAX
Current Price
$12.19 -1.28%
$0.4900 Daily Range (4.02%)
$12.06$12.55
$360.89M Daily Volume
4,126 BTC
Vol/MktCap: 6.90%
Market Performance
0.80% Relative BTC Volume
The total volume of Avalanche is $360.89M over the past 24 hours, compared to $45.11B total Bitcoin volume.
Hourly Moving Average
Price Performance
+0.18% 1 Hour Change
$12.19 from $12.17
-14.35% 7 Day Change
-$1.75 from $13.94
-13.95% 14 Day Change
-$1.70 from $13.89
-21.68% 30 Day Change
-$2.64 from $14.83
All Time High
November 21, 2021
$144.96 -91.59%
-$132.77 vs. now
24H Change
-65.81M USD -1.24%
-752 BTC
Volume and Supply
Total Supply: 461.15M AVAX 
429.48M AVAX AvailableRelative Supply Ratio
23.10 x BTC SupplyRelative Trade Volume
29.33M AVAX
traded over past 24 hours
Conversion Tool
Avalanche AI Market Analysis
Volume for the past 24 hours stands at approximately 355.6 million, reflecting a trading volume-to-market cap ratio of 6.77%. This suggests a moderate level of trading activity relative to the asset's market capitalization, which could indicate healthy market interest but not excessive speculation.
Looking at the moving averages, the 8-hour SMA is at $12.16, showing a slight uptick of 0.51%, while the 13-hour SMA aligns closely with the current price at $12.22. However, longer-term SMAs, particularly the 55-hour and 144-hour SMAs, indicate a bearish trend, down 1.75% and 5.61% respectively, suggesting that the asset is under pressure.
The Relative Strength Index (RSI) for the past hour is at 41, indicating a neutral to slightly bearish momentum. Over the last week, the 7-day RSI is at 45, and both the 14-day and 30-day price changes show declines of approximately 14.0% and 19.5%, respectively, which reinforces the bearish sentiment in the medium term.
Avalanche has seen a significant decline from its all-time high of $144.96 reached in November 2021. This dramatic drop highlights the volatility and risk associated with the asset, and the current prices suggest a long-term downtrend that could continue if market conditions do not improve.
Considering the current technical indicators and market sentiment, AVAX appears to be in a bearish phase with weak momentum. Given the lack of bullish signals and ongoing price decline, a cautious approach is warranted; therefore, a Sell rating is recommended for Avalanche at this time.
Updated 4 minutes ago.
Avalanche Relative Price at Market Cap of:
Avalanche TradingView Chart
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