Avalanche Collapses To Its Range Above $23

Share This Post


Sep 06, 2025 at 13:01 // Price

The price bars have remained between the moving averages

The price of Avalanche (AVAX) is moving upwards while moving sideways.


As the altcoin moves into a positive trend zone, the price bars are caught between the moving average lines. 


Avalanche price long-term analysis: ranging


The crypto has been fluctuating between the moving average lines since July 14, as reported by Coinidol.com. Today, the altcoin is at $24.30. On the upside, the altcoin will reach a high of $45 if it breaks above the 50-day SMA. If the bears break the 21-day SMA support, AVAX could fall to its low price of $15.65.

AVAX price indicators analysis


The price bars have remained between the moving averages. The cryptocurrency is currently trading between the 21-day SMA support and the 50-day SMA barrier. On the 4-hour chart, the price of the cryptocurrency is also between the moving average lines.


Technical Indicators:


AVAXUSD_(Daily Chart) - Sept.6, 2025


AVAX/USD daily price chart – September 6, 2025


What is the next direction for Avalanche?


The price of AVAX is currently in a sideways trend, fluctuating between $22 and $26 or between the moving average lines while the trend is still being determined. On September 5, the altcoin rose and broke through the $25 mark before being beaten back.


AVAXUSD_(4-hour Chart) - Sept.6, 2025


AVAX/USD price 4-hour chart – September 6, 2025


Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.



Source link

Related Posts

Anthropic ties 151 million Claude queries to alleged Alibaba distillation

Anthropic said on Thursday that accounts linked to...

A wallet coding flaw just helped shut down an entire XRP project

XRP Healthcare, an healthcare platform build on the...

Apple’s October product wave may cost more as memory prices climb

Apple plans to release at least seven new...

Metaplanet Equity Backlash, SE Asia Crypto Funding Doubles: Asia Express

JAPANMetaplanet’s executive stock pool sparks shareholder backlashJapanese Bitcoin...

OpenAI just pushed smart-contract security closer to an AI takeover

OpenAI’s latest mathematics breakthrough could bring automated theorem...

Coinbase drops Base App name and reverts to Coinbase Wallet in trading pivot

Coinbase is putting the Coinbase Wallet name back...