Coin Gabbar Token

<a href="https://www.coingabbar.com/en/crypto-currency/avalanche-2-avax-prices-usd" rel="noopener noreferrer nofollow">Avalanche price analysis</a> indicates that the market is negative in the short term. The AVAX/USD pair is currently trading at $22.33, facing resistance around $23.50.A break above this level, however, may see AVAX/USD hit the $25 mark. On the downside, AVAX/USD holds support around $21.50, and a break below this level could see the pair reach $20. The market has taken a strong turn lower in the last several hours, with bears successfully dragging the price below the $22 barrier.The cryptocurrency market is now range-bound between $21 and $23 and is expected to stay so for the near future. The 24-hour trading volume has increased slightly in the last few hours and is now at $468,447,571. The asset&#39;s total market capitalization is currently $6,359,734,619, which is slightly lower than the previous closing.The daily Avalanche price analysis is negative since prices are down below the important support level. The AVAX/USD pair is now trading at $22.25 and is expected to meet resistance around the $23.5 level, which will act as a barrier to any market upside. The market opened at $23 and has been consistently selling off over the last four hours, with bears successfully pushing prices below the $21 barrier.The upper limit of the Bollinger bands is at $23.35, which is significantly higher than the <a href="https://www.coingabbar.com/en/price-analysis" rel="noopener noreferrer nofollow">current market price</a>, indicating that prices may fall further in the short term. The RSI indicator is now around 35 and shows no signs of a positive reversal, suggesting that the market is likely to remain negative for the near term. The MACD indicator is presently below the signal line, indicating that prices may fall further in the near term.After a minor bearish drop, the four-hour Avalanche price analysis shows that support has appeared at $21.50. As the chart shows, the market has been following a downward trend line for the previous 4 hours. For the price to rise, the bulls must push it over $23.50.KEY LEVELS :RESISTANCE LEVEL : $23.50-$25.00SUPPORT LEVEL : $21.00-$19.50

Cryptocurrency price update: AVALANCHE PRICE ANALYSIS : AVAX make or break level.

Coingabbar

Other articles published on Aug 23, 2022

Caduceus Global Ambassador Program

Cryptocurrency price update: EOS PRICE ANALYSIS : Will three white soldiers pattern activate the ...

Above Phone partners with Presearch on secure, private phone

Cryptocurrency price update: BITCOIN CASH PRICE ANALYSIS : Will BCH follow the Cup and Handle pat...

Top Cryptocurrency News: World's Largest ETH Mining Pool Will Stop Ether PoW Mining

TRON 101 | What Is an Over-Collateralized Stablecoin?

Join our free newsletter for daily crypto updates!