AVAX/USDT Precise Analysis and Price Forecast Across Daily, 3-Day, and Weekly Charts
Daily Chart (1D)
- Current Price: $31.36
- Moving Averages: The 7-day moving average has crossed above the 25-day moving average, indicating short-term bullish momentum.
- RSI: At 83, which signals overbought conditions. A pullback or sideways movement may occur to relieve buying pressure.
- MACD: The MACD line is above the signal line, with positive histogram bars showing strong bullish momentum.
- Support: $29.21
- Resistance: $33.29
- Prediction: Likely to test $33.29. If broken, there is potential to rise toward $35, though a pullback could happen due to the high RSI.
3-Day Chart (3D)
- Moving Averages: The 7-period moving average is above the 25-period moving average, signaling medium-term bullish sentiment.
- RSI: At 76, nearing overbought levels, which may suggest some consolidation in the medium term.
- MACD: Positioned above the signal line, with positive histogram bars indicating ongoing bullish momentum.
- Support: $29.21
- Resistance: $33.29, with potential to reach $40 if it breaks through.
- Prediction: Likely to challenge $33.29, and a breakout could push it toward $40.
Weekly Chart (1W)
- Moving Averages: The 7-week moving average is starting to trend upward, while the 25-week moving average is flattening, indicating a possible trend reversal.
- RSI: At 62, showing bullish sentiment with room for further upside.
- MACD: Slightly above the signal line, with emerging positive histogram bars, suggesting the beginning of a bullish trend.
- Support: Primary support at $17.29, interim support at $29.21.
- Resistance: $33.29, with the next target at $52.43 if momentum continues.
- Prediction: Potential move toward $52.43 in the longer term, if market sentiment remains positive.
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