Avalanche (AVAX/USD) Market Continues Downtrend Amid Bearish Momentum
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Avalanche Price Prediction – February 25
AVAX market continues its downtrend amid bearish momentum and weak buyer support. According to the indicators, there is no reversal or major bullish correction in sight.
The AVAXUSD market is displaying strong bearish momentum, as seen in the indicators. The 9-day Simple Moving Average (SMA) is trending downward at $23.960, reinforcing the overall bearish bias. The MACD (Moving Average Convergence Divergence) histogram also reflects a weakening bullish attempt, with the MACD line at -2.21 and the signal line at -2.29, both in negative territory. This alignment confirms increasing selling pressure, reducing the likelihood of an immediate recovery. The price currently sits below the SMA, further signaling that sellers remain in control of the market.
AVAX/USD Market Key Levels
Resistance Levels: $24.000, $33.020, $45.050
Support Levels: $21.490, $17.280, $8.620
AVAX/USD – Daily Chart
The daily chart for AVAXUSD shows that the market is very bearish as the bulls failed to take control of the market.
Price action on the chart confirms the bearish outlook, with multiple break-of-structure (BOS) patterns and market structure shifts (MSS) to the downside. The price has formed a supply zone (order block) around $24.000. A rejection during the formation, marked by a bearish engulfing candle, signaled further downside movement.
The recent BOS at $21.490 indicates that sellers are still dominant, and the price is now struggling to find support. The lack of strong bullish momentum suggests that a lower low is likely to form soon.
What is the projection for AVAXUSD market?
Based on the current technical setup, AVAXUSD is projected to continue its bearish trend toward the next key support level at $17.280. If this level fails to hold, the next downside target would be around $8.620, aligning with a previous historical support zone.
Any short-term bullish retracements are expected to face resistance at $24.000, where sellers could step in to push prices lower. Until the market shows a strong bullish reversal structure, the bearish trend remains intact.
AVAX/BTC Price Analysis
AVAXBTC remains bearish as price continues to trade below key resistance levels, with the 9-day SMA acting as dynamic resistance at 0.0002550 BTC. The MACD histogram is in negative territory, showing weak bullish momentum and confirming continued selling pressure.
Price recently broke below a key support zone, signaling potential continuation toward the next major support at 0.0001940 BTC. Any short-term bullish retracement is likely to face rejection around 0.0002830 BTC before further downside movement.
Avalanche (AVAX) Current Statistics
The current price: $23.960
Market Capitalisation: $9,120,000,000
Trading Volume: $802,760,000
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What is the projection for AVAXUSD market?
AVAX/BTC Price Analysis