AVAXUSD.P trade ideas
AVAX/USD is currently trading at $90AVAX/USD is currently trading at $90.
Support is present at $85.
The price analysis of the Avalanche cryptocurrency shows that it is trading at a record high of upwards of $98. The AVAX/USD has corrected today, with bulls regaining enough power for a possible move higher, surpassing the previous all-time high level. According to technical models, the next resistance AVAX may be at $103.4.
Avalanche: Could still 10x in this crypto cycleThis is our first time covering Avalanche. AVAX seems to be starting a new uptrend, that could lead up to $900 by March 2022, when the cryptocurrency frenzy hits retail. If we look at Defillama, the TVL in that layer-1 is increasingly significantly, at a faster pace than even Solana. AVAX has been consolidating for a while now and seems ready to go higher.
AVAX Long, Target of $122 by EOM, Breakout 12-14NovThe cup and handle pattern played out as expected and now a bull flag is forming on the daily. The bull flag target matches up nicely with the sine wave projection as well as the fib extension. A lot of buys orders coming in during this correction and a push upwards is imminent. TSI has headroom as well as beginning a new momentum cycle.
AVAX tests new all-time high at $88 on the hourly chartAvalanche price analysis is bullish today.
AVAX/USD found support at $80/
AVAX is ready to move higher again after testing new all time high.
The $73.5 mark was a barrier to more downside yesterday, resulting in sluggish trading this morning above the support. We will most likely observe AVAX/USD rise today, with $88 as the price level to breach.
AVAX - $209 MID-DECEMBERI like AVAX just because it has such a rad name... rad names = superbullish... JK! very good project makes me super bullish long term.... so i'm looking at $209 around mid december...
people need to understand setups require time to mature so a prediction today does not indicate a target is reached tomorrow
have patience, this will happen but also not trading advice
stay safe homies/homegirls/whatever else you go by these days
tg
We expect AVAX to continue hiking for the next 24 hoursThe $83.5 level was a barrier to further downside yesterday, resulting in sluggish trading today above the support. We will almost certainly observe AVAX go past the $90 level in the coming days.
AVAX/USD is trading at $93.4 with a gain of 10.6%. The pair has been generally rising since it broke past its support but is still below the previous high of $102.7 as it finds resistance at $94.
It seems that the bearish market we saw for the past few weeks is over. AVAX is at a pivotal moment right now – it could reach up to $100 within the next couple of days if it keeps going this way.
AVAXUSD - Definitive move incomingHi Traders,
AVAX has been consolidating for several weeks inside this triangle formation after hitting its ATH of around 80 dollars.
Could break either way depending on what Bitcoin does while it nears its own ATH. However, should BTC enter price discovery mode, which I believe it will, I think a decisive move to the upside is imminent for AVAX targeting the $90 level for the short term.
Not financial advice, DYOR & good luck!