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AVAXUSD

Avalanche Buy OpportunitySo far, I have profited 450%, 56% and 223% from Avalanche. I have already shared the profits I made in 2023 in my X report, and my followers have profited with me. I don't have any Avalanche at the moment. I am waiting for this moving average to pick up. If Avalanche falls below the moving average, I will wait for my Dip Finder indicator to turn green to buy. But if it is rejected from the moving average, I will buy and hold it until my indicator lights white. I will update this post again when I buy, so I recommend you to stay tuned.
CRYPTO:AVAXUSD
by YavuzAkbay
AVAX - CAME TO GLOBAL RESISTANCEAnalyzing the chart, it becomes obvious that the price is trading within the global resistance zone spanning from 44 to 56. Given this context, it is wise to look for attractive short-term setups, as they are quite reasonable at this stage. The initial target could be to remove liquidity behind the wick (x) at 27.24, and further targets could be to fill the imbalance on the daily timeframe (FVG) around 23.70. The third target involves withdrawing liquidity at 18.90(x) and then targeting a significant imbalance (FVG) over a one-week period. Here we can already start looking for good setups in the downward movement, we are waiting for our confirmation!
Short
by truepersonal
AVAX - Big One? Hi, this is my new update for AVAX. As you see we are in a big range over 6 months now and I expect we are going to takeoff in the next couple of weeks. In the picture above you see Ethereum in 2017 and it seems that we are going to try something similar to what Ethereum did. Right now we are in the yellow circle and we are backtesting the trendline. If it holds then we are getting ready for 170% upside with the main target 95-100$. We have still things to settle, like the RSI and the moving averages. The RSI is still bellow the trendline. We have good support level around 28 -31$ and big resistance around 55-65$. Good things take time, be patient.
COINBASE:AVAXUSDLong
by GOAT1375
2
AVAX Analysis: Entry into Main Trend and Peak ExpectationAVAX is currently entering the main trend in the middle. If this is successful, I expect a strong peak after the second half of June. I want to highlight two important dates: June 21 and August 5. As seen in the chart, AVAX is moving within a strong upward trend. Currently trading at 40.500, I foresee the possibility of AVAX moving towards the 148.000 levels. Closures above this level may indicate the continuation of the trend and pave the way for new peaks. Key Levels to Watch: June 21, 2024: I expect significant price movement on this date. It is likely that the trend entry will be confirmed and the upward momentum will gain speed. August 5, 2024: During this period, a strong move towards the peak could occur. If AVAX successfully enters this trend, we may see much higher levels in the remainder of the year. However, it is important to manage risks well and diversify your portfolio when investing. Disclaimer: This analysis is not intended as investment advice. You should make your investment decisions based on your own research. As cryptocurrency markets are highly volatile, always be cautious and prioritize risk management. The responsibility for investments made based on this analysis lies entirely with the investor. Invest smart, stay safe. Atilla Yurtseven
Long
by AtillaYurtseven
AVAX/USDT is about to do a Bearish movement!!!Hi. COINEX:AVAXUSDT Today, I want to analyze AVAX for you in a 3D time frame so that we can have a mid-term view of AVAX regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). AVAX reached the resistance but could not break it. Also, we have a bearish divergence on MACD and RSI that the price will soon decline. ✅ Due to the Descending structure of the chart... - High potential areas are clear in the chart. - DIVERGENCE ON MACD - DIVERGENCE ON RSI Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Short
by CobraVanguard
10
AVAX MVRV Detailed Analysis AVAX 1W MVRV and Price Analysis Hi folks, Let's take a look at some on-chain data. What is MVRV (Market Value to Realized Value)? MVRV is an on-chain indicator used to analyze the valuation of cryptocurrencies. It is a simple but powerful tool that shows investors how overvalued or undervalued a cryptocurrency is at the moment. Simply 👇🏻 MVRV is below 1: This means that most investors are at a loss and can be interpreted as a potential buying opportunity. MVRV is above 1: This means that investors are in profit and the price may be overheating. However, when performing cyclical analysis of each instrument, we can see that different MVRV levels are critical. In instrument X, 1.15 may indicate that the price is overheating, while in instrument Y, 2.00 may indicate that the price is overheating. Now let's examine AVAX with MVRV Data In the bull rally we experienced in 2021, AVAX had risen from $5 to $150. When we examined the MVRV, we witnessed that it had risen from 0.64 to 1.27 points. When we examine AVAX historically, we can observe that the price overheats when the MVRV score exceeds 1.11 points. However, it should not be forgotten that we are making this examination on weekly data. Therefore, selling everything you have when the MVRV score exceeds 1.11 points will NOT help you maximize your profit in a bull run. Instead, strategies can be created for gradual selling along with the MVRV score exceeding 1.11 in AVAX. It may be beneficial to do this in 5 or 10 steps. From now on, it is up to you. Conclusion In conclusion, by examining the MVRV score of an instrument, we can deduce that investors are at a loss if the price is below 1 (relatively cheap), and relatively profitable if it is above 1. Historical examinations made specifically for the instrument help us to understand where the price of an instrument heats up based on the MVRV score. In this way, we can create a gradual selling strategy specific to the instrument. When we look at AVAX, we can see that it offered selling opportunities after 1.11 points in the previous bull run. Following the 1.11 points closely can be beneficial for investors in this bull run. Thank you for reading.
ALong
by Bullfighterr
AVAX: The Ultimate Crypto Showdown!Hey traders, get ready for the showdown of the century with AVAX! In today's thrilling episode, AVAX is gearing up for an epic battle near the critical $33.755 support level. But hold onto your seats, because this isn't your average crypto saga! As the tension mounts, AVAX faces off against formidable bearish threats, with $43.205 serving as the ultimate prize for the victor! Will AVAX emerge triumphant, soaring towards $54.345 and beyond? Or will it face defeat, succumbing to a downward spiral towards $28.670 and beyond? The stakes are high, and the drama is real! Tune in to witness the ultimate crypto showdown unfold!
by Trade-Lean
1
Avalanche in 2024: Boom or Bust? Examining Analyst Predictions The cryptocurrency space is a whirlwind of predictions, with influencers and analysts vying for attention with bold claims about the future of various digital assets. One such case is Crypto Archie, a popular Twitter personality who recently made a bullish prediction for Avalanche (AVAX), a gaming-centric cryptocurrency. With AVAX experiencing a significant rise this year, the question remains: is Avalanche poised for an "explosion" in 2024? Avalanche's 2024 Trajectory: A Look at the Numbers Crypto Archie's prediction certainly piques investor interest. Avalanche has indeed made impressive strides in 2024, boasting a 158% year-to-date (YTD). This growth is a testament to the increasing adoption and potential of the Avalanche ecosystem. However, recent price fluctuations paint a slightly different picture. Trading around $35 at the time of writing, Avalanche seems to be experiencing a period of uncertainty. The Relative Strength Index (RSI), a technical indicator used to gauge market momentum, currently sits around 52. This suggests a balanced market, with no clear indication of overselling or overbuying. This neutrality could be interpreted as a sign of consolidation before a potential breakout, but it also reflects investor hesitation. Technical Support and Resistance: A Range-Bound AVAX? Currently, Avalanche seems to be tethered between $30 and $34. This relatively narrow range indicates potential price fluctuations within these boundaries in the near future. While this might not align with Crypto Archie's vision of an "explosion," it doesn't necessarily negate the possibility of future growth. Beyond Predictions: The Strength of Avalanche's Technology While analyst predictions and price movements are important factors, they shouldn't be the sole basis for investment decisions. A crucial element to consider is the underlying technology powering the cryptocurrency. Avalanche boasts a unique architecture designed for scalability and speed, addressing some of the limitations plaguing older blockchains like Ethereum. Avalanche's platform allows for the creation of subnets, essentially customized blockchains for specific applications. This caters particularly to the gaming industry, where fast transaction speeds and scalability are paramount. Additionally, Avalanche's security relies on a Proof-of-Stake (PoS) consensus mechanism, which is considered more energy-efficient compared to Proof-of-Work (PoW) used by Bitcoin. These technological advantages position Avalanche as a strong contender in the burgeoning blockchain-powered gaming space. Increased adoption from game developers and players could fuel future price growth for AVAX. Investing in Avalanche: A Calculated Approach While Crypto Archie's prediction injects optimism, it's essential to approach cryptocurrency investments with a healthy dose of skepticism. The market is inherently volatile, and unforeseen events can significantly impact prices. Conducting thorough research beyond analyst predictions is crucial. Understanding the technology behind Avalanche, the competitive landscape, and the overall market trends is essential. Additionally, investors should consider their risk tolerance and develop a well-defined investment strategy before committing any capital. Avalanche in 2024: A Promising Future Built on Technology Whether Avalanche experiences an "explosion" in 2024 remains to be seen. However, its robust technology, focus on the booming gaming sector, and existing community support create a compelling case for its long-term potential. While short-term price movements may be uncertain, Avalanche's fundamentals offer a solid foundation for future growth. For investors, careful research, understanding individual risk tolerance, and building a balanced portfolio remain key to navigating the ever-evolving cryptocurrency landscape.
Long
by bryandowningqln