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Avalanche (AVAX) Price Prediction: Will AVAX Hit $50 Soon?


by Parshwa Turakhiya
for CoinEdition
Avalanche (AVAX) Price Prediction: Will AVAX Hit $50 Soon?

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Avalanche (AVAX) Price Prediction 2022
  • Avalanche price today trades at $34.69, climbing after defending the $32 support zone.
  • On-chain data shows $3.26M in net inflows as futures open interest steadily rises.
  • Institutional backing, including AVAX One’s $550M treasury, fuels long-term optimism.

Avalanche price today is trading around $34.69, climbing more than 2% in the last 24 hours as buyers defended the $32 zone and pushed price toward the upper boundary of its rising channel. The next major resistance sits near $37, a level that coincides with the 0.5 Fibonacci retracement and could decide whether AVAX extends toward $50 in the coming weeks.

Avalanche Price Tests Mid-Fibonacci Resistance

AVAX Key Technical Levels (Source: TradingView)

The daily chart shows Avalanche steadily advancing within a rising channel, supported by the 20-day EMA at $30.43. Price has cleared the 50-day and 100-day EMAs…

Read The Full Article Avalanche (AVAX) Price Prediction: Will AVAX Hit $50 Soon? On Coin Edition.

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$ 0.0000824

$ 0.000207

$ 1.58


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$ 1.58


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Bitcoin Price Prediction: BTC Slips Below $85K As Silver Collapse

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XRP Price Prediction: $92M ETF Outflows Trigger Breakdown To Critical $1.73 Support

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Avalanche (AVAX) Price Prediction: Will AVAX Hit $50 Soon?


by Parshwa Turakhiya
for CoinEdition
Avalanche (AVAX) Price Prediction: Will AVAX Hit $50 Soon?

Share:

Avalanche (AVAX) Price Prediction 2022
  • Avalanche price today trades at $34.69, climbing after defending the $32 support zone.
  • On-chain data shows $3.26M in net inflows as futures open interest steadily rises.
  • Institutional backing, including AVAX One’s $550M treasury, fuels long-term optimism.

Avalanche price today is trading around $34.69, climbing more than 2% in the last 24 hours as buyers defended the $32 zone and pushed price toward the upper boundary of its rising channel. The next major resistance sits near $37, a level that coincides with the 0.5 Fibonacci retracement and could decide whether AVAX extends toward $50 in the coming weeks.

Avalanche Price Tests Mid-Fibonacci Resistance

AVAX Key Technical Levels (Source: TradingView)

The daily chart shows Avalanche steadily advancing within a rising channel, supported by the 20-day EMA at $30.43. Price has cleared the 50-day and 100-day EMAs…

Read The Full Article Avalanche (AVAX) Price Prediction: Will AVAX Hit $50 Soon? On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.00...361

$ 0.0000824

$ 0.000207

$ 1.58


Share:

In This News

Coins

$ 0.00...361

$ 0.0000824

$ 0.000207

$ 1.58


Share:

Read More

Bitcoin Price Prediction: BTC Slips Below $85K As Silver Collapse

Bitcoin Price Prediction: BTC Slips Below $85K As Silver Collapse

Bitcoin price today trades near $82,853 after breaking below the ascending trendline ...
XRP Price Prediction: $92M ETF Outflows Trigger Breakdown To Critical $1.73 Support

XRP Price Prediction: $92M ETF Outflows Trigger Breakdown To Critical $1.73 Support

XRP price today trades near $1.73 after breaking below the $1.80 support level that h...