Key notes
- Avax recovered 9% in a month after spending a peak from $ 54 to $ 16.
- The token recently rebounded its 200 -day SMA, with the sequential TD flashing a purchase signal.
- A rupture greater than $ 22.8 could send AVAX in the $ 28 to $ 30 zone, suggest analysts.
Avalanche (AVAX) is negotiated at $ 19.92 at the time of the press, turn signals that refer to potential escape. After falling at $ 16 after its slide from a local peak of $ 54, the token bounced almost 9% in the last month.
Avax recently rebounded its simple 200 -day mobile average (SMA), a level often watched by merchants to determine the long -term trend direction. Meanwhile, as noted by popular analyst Ali Martinez, the TD sequential indicator has flashed a new purchase signal on the 4 -hour table.
#Avalanche $ Avax Rebounds on the 200sma, with sequential TD flashing up a purchase signal on the 4 -hour table! pic.twitter.com/l6zyvdp5ij
– Ali (@ali_charts) May 5, 2025
According to CoinmarketCap data, AVAX has added more than $ 2 billion to its market capitalization in the last 30 days.
This suggests a short -term trend reversal with increasingly bullish cryptographic analysts. Crypto expert, Thelordofentry, recently noted that ADAX shows one of the “best inversion prints” among altcoins over the 4 -hour period.
$ Avax Interestingly, the best inversion impressions of most 4hr alts, but the largest underperforming of this rebound – I’m still long here. pic.twitter.com/n3ynjb1dd
– Thelordofentry (@thelordofentry) May 5, 2025
However, he also admitted that it had been underperforming in the recent rebound.
Meanwhile, AMCRYPTO believes that an escape greater than the resistance area of $ 22.8 could lead AVAX to the range of $ 28 to 30, citing the growing appetite for investors for altcoins focused on public services.
$ Avax Taureau flag training 🚀
Utility tokens are gaining momentum, so Avx is most likely to follow this rally.
If Avx manages to exceed $ 22.8, expect a rally to $ 28 at $ 30 in the coming weeks. pic.twitter.com/b1hnmcz64y
– amcrypto (@amcryptoalex) April 28, 2025
AVAX PRICE PEULOOK
On the Avox daily price table, the RSI is currently at 45.6, suggesting that the asset is neither overbound nor occurring and leaving room for an ascending direction. An upward divergence from RSI lows formed in April alludes to a potential bruising mixing.
Avx price that | Source: Commercial view
The price is negotiated in a notable tightening fork in the shrinking Bollinger bands, often a precursor of increased volatility. The price oscillates near the intermediary band (20 -day SMA), indicating the indecision of the merchant.
An escape greater than $ 22.8 could lead to bullish expansion. However, if the token breaks below $ 18.4, the lower strip, it can see more drop.
MacD lines show a potential bullish crossing above the zero line. If the MacD line crosses the signal line, it could revive the upward pressure.
Avx price that | Source: Commercial view
Interestingly, a rounded background motif emerges on the daily graphic, a bullish overturning formation. If he is confirmed with a break greater than $ 22.8, he could confirm a rally around $ 30.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
