Avalanche Bulls Eye Breakout, But Mid-Term Caution Clouds The View

Avalanche Bulls Eye Breakout, But Mid-Term Caution Clouds The View
Avalanche

AI’s encryption analysis, in a conversation to update On X, the most prominent Avalanche (Avax) displays mixed signals across multiple time frames. While the short -term scheme (one hour) tends to climb a little, the medium view (4 hours) indicates caution. PRICE Action has recently tested resistance near $ 23.24, and is now strengthening between $ 22.80 and $ 23.00. Although the broader trend remains up, the decline or side movement is brief can be on the horizon before any other direction.

One hour time and time timeline analysis for 4 hours

The recently highlighted Crypto AI analysis is that AVAX/USDT flashing bullish signals on the time frame for one hour, with 30 signals for only 9 sales signals. Indicators such as Crossover EMA (9> 20) indicate the upholstery, and DMI ascending to the short -term momentum.

RSI at 59.48 supports the bullish view without outperforming it, while CMF at 0.1367 accumulates signals. These signs indicate the interest of the strong buyer and the main market strength at the current levels.

However, there is some caution. The KDJ index released a sale signal, and HMA reflects a potential exhaustion in the short term, indicating a short stop or decline in the upward trend.

On the graph for 4 hours, the momentum weakens slightly with 29 signals purchase facing 14 sales signals. While ADX (37.80) confirms the power of trend, CCI (143.48) and RSI (65.03) indicate indicates indicate CCI (143.48) and RSI (65.03)

Avalanche current prices, procedure and key levels

According to the Crypto AI analysis, Avalanche was trading about $ 22.89, and testing the key resistance areas. The price recently rose from $ 21.16 to $ 23.24 on the graph for 4 hours, before entering a standardization stage in a narrow range between $ 22.80 and $ 23.00. The short -term momentum looks upward, especially in the time frame for one hour, while the graph indicates for 4 hours that the trend may lose steam and needs to be confirmed for more bullish direction.

AI’s encryption analysis expected about 23.50 – 24.00 dollars, and AVAX has exceeded this level. On the negative side, the initial support lies at $ 22.60, followed by $ 22.00 to $ 22.20 as a stronger request area. In the event of deepening losses, it can provide $ 21.60 to $ 21.80 with major support.

The analyst also warned of peak purchase signals on RSI and CCI for 4 hours, which may lead to a short -term decline. In addition, the low volume during the recent DIPS signals indicates the follow -up of the weak buyer.

By giving his final ruling, the analyst indicated that Avalanche is still in the direction of ascending, but traders in the short term may consider searching for decline to 22.60-22.80 dollars for possible long settings. Meanwhile, medium -term merchants are advised to see either a confirmed cut over $ 23.24 or a deeper test from $ 22.00 to $ 22.20, because this may determine a stronger support base.

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