Avalanche AVAX
Current Price
$9.27 -2.93%
$0.3700 Daily Range (3.99%)
$9.25$9.62
$249.05M Daily Volume
3,198 BTC
Vol/MktCap: 6.23%
Market Performance
0.56% Relative BTC Volume
The total volume of Avalanche is $249.05M over the past 24 hours, compared to $44.37B total Bitcoin volume.
Hourly Moving Average
8 SMA $9.33 -0.60%
13 SMA $9.39 -1.27%
21 SMA $9.45 -1.94%
55 SMA $9.42 -1.57%
144 SMA $9.41 -1.50%
Price Performance
-0.02% 1 Hour Change
$9.27 from $9.27
-2.63% 7 Day Change
-$0.2440 from $9.51
+2.54% 14 Day Change
$0.2358 from $9.03
-2.71% 30 Day Change
-$0.2510 from $9.52
All Time High
November 21, 2021
$144.96 -93.61%
-$135.70 vs. now
24H Change
-123.58M USD -3.00%
-1,587 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
26.40M AVAX
traded over past 24 hours
6.11% 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 $9.26, reflecting a 3.93% decline over the last 24 hours. The price has fluctuated between a high of $9.64 and a low of $9.25, indicating limited volatility in the daily range of just 0.39%.
The trading volume stands at approximately $235.49 million, contributing to a volume-to-market cap ratio of 5.89%. This relatively high volume suggests active trading but may also indicate bearish sentiment as the price has dropped consistently over the last week.
Technical indicators show that the short-term moving averages are all trending downwards, with the 8 SMA at $9.47, down 2.18%. Additionally, the 1-hour Relative Strength Index (RSI) is at a significantly low 19, indicating potential oversold conditions, while the 7-day RSI at 48 suggests a neutral position that could lead to a reversal if buying pressure increases.
Over the past week, AVAX has experienced a price change of -2.38%, but the 14-day change shows a slight increase of 2.59%. Despite this, the 30-day price change remains negative at -2.72%, signaling ongoing bearish pressure in the medium term.
Given the current market dynamics, including the downtrend in moving averages and the low 1-hour RSI indicating oversold conditions, a cautious approach is warranted. The historical all-time high of $144.96 from November 2021 further highlights the long-term potential of AVAX, but short-term conditions are currently unfavorable.
In conclusion, the recommendation for Avalanche (AVAX) is to Hold. This rating is based on the oversold condition that may lead to a short-term rebound, combined with the ongoing bearish trend and the need for more confirmation of a sustained recovery before considering a Buy.
The trading volume stands at approximately $235.49 million, contributing to a volume-to-market cap ratio of 5.89%. This relatively high volume suggests active trading but may also indicate bearish sentiment as the price has dropped consistently over the last week.
Technical indicators show that the short-term moving averages are all trending downwards, with the 8 SMA at $9.47, down 2.18%. Additionally, the 1-hour Relative Strength Index (RSI) is at a significantly low 19, indicating potential oversold conditions, while the 7-day RSI at 48 suggests a neutral position that could lead to a reversal if buying pressure increases.
Over the past week, AVAX has experienced a price change of -2.38%, but the 14-day change shows a slight increase of 2.59%. Despite this, the 30-day price change remains negative at -2.72%, signaling ongoing bearish pressure in the medium term.
Given the current market dynamics, including the downtrend in moving averages and the low 1-hour RSI indicating oversold conditions, a cautious approach is warranted. The historical all-time high of $144.96 from November 2021 further highlights the long-term potential of AVAX, but short-term conditions are currently unfavorable.
In conclusion, the recommendation for Avalanche (AVAX) is to Hold. This rating is based on the oversold condition that may lead to a short-term rebound, combined with the ongoing bearish trend and the need for more confirmation of a sustained recovery before considering a Buy.
Updated 184 minutes ago.
Avalanche Relative Price at Market Cap of:
Avalanche TradingView Chart
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