Avalanche $AVAX Price Technical Analysis

The popular altcoin is trading at $26.67 as of writing #avax . Altcoin has decreased by 6% in the last week and 28.05% in the last month. While the ATH level of the project is at $146.22, there has been an 81% depreciation since the ATH value.

According to our current Avalanche price prediction, the Avalanche price is predicted to increase by 229.12% by July 27, 2024, reaching $84.74. According to our technical indicators, current sentiment is Neutral while the Fear and Greed Index is reading 40 (Fear).

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According to data on June 27, 2024 09:53, the overall Avalanche price forecast approach is neutral, with 16 technical analysis indicators pointing to bullish signals and 14 indicating bearish signals.

Based on today's classic pivot point (P1) at $26, the Avalanche has support levels at $25.23, $24.63, and the strongest at $23.95. Similarly, Avalanche resistance levels lie at $26.50, $27.19, and $27.78.

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