🪙 AVAX/USDT Analysis and Forecast 🪙
🔹 Current Price: $25.86
🔹 RSI: 44 (Neutral)
🔹 MACD: Sell signal
🔹 EMA (20): $26.00
🔹 EMA (50): $27.00
🔹 EMA (200): $30.00
🔹 Stochastic RSI: 35 (Neutral)
🔹 OBV: In decline
🔹 Whale Purchases: Low in the last 24 hours
📊 Comment: AVAX has been trending downwards over the past few days. The EMA indicators are below the price and the MACD is giving a sell signal, indicating a short-term downtrend. The Stochastic RSI is in the neutral zone and OBV is declining, indicating weak purchasing power in the market. The low level of whale buying indicates that major investors are cautious. The low whale buying in the last 24 hours indicates that the market is unsupported and could potentially fall lower. This suggests that AVAX could test the $25.00 level in the short term.
📉 Support: $25.00 📈 Resistance: $28.00🚀 Target: $28.00 🔻 Risk: $25.00
🔍 Technical Analysis Indicators
👉 RSI: 44, neutral zone, does not give an overbought or oversold signal. 👉 MACD: Sell signal shows that the trend is downwards. 👉 EMA (20, 50, 200): The price below the EMA values indicates a downward trend.
👉 Stochastic RSI: 35, neutral zone, does not give an overbought or oversold signal.
👉 OBV: In decline, it shows that volumetric sales are high.
It is not investment advice, be careful!📊