Coinidol.com Avalanche value evaluation: AVAX has been trending sideways beneath the $31 barrier since September 13.
Avalanche value long-term evaluation: bullish
On September 2, AVAX resumed its uptrend after rising above the transferring common traces. The altcoin rose to a excessive of $31, however patrons have been unable to maintain the constructive momentum till $44.
Final week, AVAX was pressured to commerce beneath the $31 stage however above the transferring common traces. The formation of doji candlesticks has stagnated the worth motion. Nonetheless, AVAX will rise if patrons push the worth above the $31 stage, in any other case the sideways pattern may proceed.
Technical Indicators:
AVAX value indicators evaluation
The value bars are above the upward transferring common traces. The uptrend will proceed so long as the worth bars are above the transferring common traces. On the 4-hour chart, the transferring common traces are horizontal and point out a sideways pattern. Doji candlesticks have shaped and are influencing the worth motion.
AVAX/USD value chart – September 17, 2025
What’s the subsequent course for Avalanche?
The value of AVAX is now transferring sideways because the altcoin faces rejection on the $31 mark. The altcoin is steadily oscillating above the $28 help and beneath the $31 resistance stage.
On the 4-hour chart, the worth of the cryptocurrency has pulled again above the transferring averages. The value of the cryptocurrency is consolidating above the transferring common traces, indicating a potential restoration.
AVAX/USD 4-hour value chart – September 17, 2025
Disclaimer. This evaluation and forecast are the non-public opinions of the creator. The information offered is collected by the creator and isn’t sponsored by any firm or token developer. This isn’t a suggestion to purchase or promote cryptocurrency and shouldn’t be considered as an endorsement by CoinIdol.com. Readers ought to do their analysis earlier than investing in funds.
