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<ul> 
 <li>When the daily technical chart of AVAX is examined, it is observed that the price is approaching the 4-hour resistance level of $39.59.</li> 
 <li>If there are 4-hour candle closures above $39.60 and $39.59 becomes a support, it is anticipated that the price could rise first to $45 and then to $50.</li> 
 <li>However, in case the resistance is not surpassed, it is indicated that the downward trend could continue down to the level of $32.64, emphasizing the significance of the range between $32.64 and $28.50 for long-term spot purchases.</li> 
</ul> 
<p><strong>When looking at the daily technical chart of AVAX, it is observed that the price is moving close to the resistance level of $39.59, and if this level is surpassed, it is predicted to rise to $45 and $50 levels.</strong></p> 
<h2 id="b-middle-term-avax-analysis-b"><b>MIDDLE TERM AVAX ANALYSIS</b></h2> 
<figure id="attachment_138066" aria-describedby="caption-attachment-138066" style="width: 100%" class="wp-caption alignnone">
 <a href="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?quality=70&amp;ssl=1"><img loading="lazy" decoding="async" class=" td-modal-image wp-image-138066 size-full" src="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?resize=696%2C332&amp;quality=70&amp;ssl=1" alt="Daily AVAX/USD Chart" width="696" height="332" srcset="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?w=2560&amp;quality=70&amp;ssl=1 2560w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?resize=300%2C143&amp;quality=70&amp;ssl=1 300w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?resize=1024%2C488&amp;quality=70&amp;ssl=1 1024w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?resize=768%2C366&amp;quality=70&amp;ssl=1 768w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?resize=1536%2C732&amp;quality=70&amp;ssl=1 1536w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?resize=2048%2C976&amp;quality=70&amp;ssl=1 2048w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?resize=150%2C71&amp;quality=70&amp;ssl=1 150w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?resize=696%2C332&amp;quality=70&amp;ssl=1 696w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?resize=1068%2C509&amp;quality=70&amp;ssl=1 1068w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?resize=1920%2C915&amp;quality=70&amp;ssl=1 1920w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/AVAXUSD-1D-Chart-scaled.webp?w=1392&amp;quality=70&amp;ssl=1 1392w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1"></a>
 <figcaption id="caption-attachment-138066" class="wp-caption-text">
  Daily AVAX/USD Chart
 </figcaption>
</figure> 
<p>When looking at the daily technical chart of AVAX, it is observed that the price is moving close to the 4-hour resistance level of $39.59. If 4-hour candle closures occur above $39.60 and $39.59 becomes a support, it is predicted that the price will continue to rise, first to $45 and then to $50.</p>
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<p>However, if AVAX fails to surpass the<strong> $39.59</strong> resistance, it is stated that the downtrend may continue until the $32.64 level. In this case, $32.64 may be suitable for partial buying for those who missed the last downward movement.</p> 
<p>For long-term spot purchases, it is emphasized that the levels of <strong>$32.64 – $28.50</strong> are important and can be considered. AVAX investors are advised to carefully monitor the support and resistance levels mentioned in the analysis. If the $50 level is surpassed, the next target could be<strong> $70</strong>, but if this level is not surpassed, the price may exhibit sideways movements in the $50 – $40 range, as indicated in the article.</p>
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If AVAX Can Break Its Critical Resistance, It Could Target $50! Updated AVAX Analysis!

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