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Avalanche (AVAX/USD) Market Heads Downward With Potential Retracement Looming

Avalanche
August 28, 2024

Avalanche (AVAX/USD) Market Correction Sets To Give Bullish Push

Avalanche Price Prediction – August 27 Avalanche (AVAXUSD) market correction sets to give a bullish push. Once the downward correction ends, a massive push, sufficient enough to invalidate the diagonal resistance, is probable. The price is currently hovering around $26.660, with the 9-period SMA of...
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August 21, 2024

Avalanche (AVAX/USD) Market Commences Short-Term Rally Amid Bearish Trend

Avalanche Price Prediction – August 20 AVAXUSD market commences a short-term rally amid the overall bearish trend. Following the completion of the ranging in the triangle pattern, an upward pullback is probable. Negative momentum is indicated by the MACD (moving average convergence divergence) sign...
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August 15, 2024

Avalanche (AVAX/USD) Market Diverges From Bearish Descent

Avalanche Price Prediction – August 13 AVAXUSD market diverges from a bearish descent and begins a bullish retracement. The ongoing bullish retracement, however, is likely to end as soon as the price reaches the bearish order block around $27.210. The Relative Strength Index (RSI) is hovering aroun...
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August 06, 2024

Avalanche (AVAX/USD) Market Signals Bearish Trend Resumption 

Avalanche Price Prediction – August 6 AVAX/USD market signals bearish trend resumption. The recent BOS (Break Of Structure) strengthens the selling momentum as the market’s order flow remains bearish. The MACD (Moving Average Convergence Divergence) indicator is crossing below the signal line...
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July 31, 2024

Avalanche (AVAX/USD) Market Retraces Into the Bullish Order Block

Avalanche Price Prediction – July 30 AVAXUSD market retraces into the bullish order block. The overall bullish trend is likely to resume from the bullish order block in the discount zone. The price is currently trading near $27.420, slightly below the 9-day Simple Moving Average (SMA), which stands...
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July 23, 2024

Avalanche (AVAX/USD) Market Retests Bullish Order Block As Order Flow Remains Bullish

Avalanche Price Prediction – July 23 AVAX/USD market retests bullish order block as order flow remains bullish. The bullish order block formed around the $30.000 support level. The Moving Averages (MAs) of 9 and 21 days are in a convergence phase, with the 9-day MA beginning to cross above the 21-d...
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July 17, 2024

Avalanche (AVAX/USD) Market Surges Upward as a Bullish Divergence Surfaces

Avalanche Price Prediction – July 16 AVAXUSD market surges upward as a bullish divergence surfaces. A breakout beyond $28.870 will likely strengthen the bullish sentiment, causing an increase in buying pressure. The RSI (Relative Strength Index) is currently around 49.20, indicating a potential bul...
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July 15, 2024

Avalanche (AVAXUSD) Market Indicates Potential Upcoming Surge  

Avalanche Price Prediction – July 9 AVAXUSD market indicates a potential upcoming surge after a bullish hammer formed at the discount zone. AVAXUSD is likely to break out to the upside through the major trendline. The technical indicators for AVAXUSD suggest a bullish outlook. The Simple Moving Ave...
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July 03, 2024

Avalanche (AVAX/USD) Market Shows Signs of Impending Rally

Avalanche Price Prediction – July 2 AVAXUSD market shows signs of an impending rally as a Change of Character (CHoCH) recently occurred. Should the price respect the bullish order block in the discount zone, a massive rally is likely, with a tendency to invalidate the major high. The Simple Moving ...
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