December 30, 2024 AVAX – Avalanche Daily Chart Analysis
Outlook
AVAX current price is 36.77 USDT and the current market cap is 72.794.133 USDT. This chart period started 210 days ago (04 June 2024) with a total of 99 days closing above the opening price and 110 days closing below the opening price. The lowest price was 17.29 USDT on 05 August 2024, and the highest price was 55.79 USDT on 04 December 2024. The current price is 112.67% above the lowest price and 34.09% below the highest price.
Moving Average
Moving Averages (Closing Prices):
5-Day Moving Average: 36.85
22-Day Moving Average: 42.81
50-Day Moving Average: 42.28
100-Day Moving Average: 34.66
250-Day Moving Average: 30.98
500-Day Moving Average: 29.83
Moving Average Analysis
The current price is %0.21 lower than the 5-Day moving average and has been below it for 2 days.
The current price is %14.11 lower than the 22-Day moving average and has been below it for 13 days.
The current price is %13.04 lower than the 50-Day moving average and has been below it for 12 days.
The current price is %6.08 higher than the 100-Day moving average and has been above it for 40 days.
The current price is %18.67 higher than the 250-Day moving average and has been above it for 51 days.
The current price is %23.27 higher than the 500-Day moving average and has been above it for 52 days.
Trends
The longest uptrend in the 210 day period is 9 days. It started at 20.14 USDT on 15 August 2024 and ended by increasing by 34.61% to 27.11 USDT on 24 August 2024.
The longest downtrend is 6 days. It started at 30.43 USDT on 27 September 2024 and ended by decreasing -18.96% to 24.66 USDT on 03 October 2024.
Support & Resistance
This review was made for the last 7 days
Last 7 days support levels:
Support: 36.97 USDT on 26-12-2024
Support: 36.31 USDT on 27-12-2024
Support: 36.28 USDT on 28-12-2024
Support: 35.53 USDT on 29-12-2024
Last 7 days resistance levels:
No resistances found.
No support or resistance levels found.
Volume
The previous trading day’s volume (29-12-2024) 1,157,162.61 USDT. Highest volume in the last 210 days is 13,230,224.23 USDT on 02-12-2024. Lowest volume in the last 210 days is 588,731.97 USDT on 19-10-2024. Difference between highest and lowest volume is 2147.24%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 1,451,298.86 USDT
22-day Moving Average Volume: 3,434,140.22 USDT
50-day Moving Average Volume: 4,607,779.15 USDT
100-day Moving Average Volume: 3,163,776.11 USDT
250-day Moving Average Volume: 2,422,812.17 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 1,157,162.61 USDT
Previous day’s volume is 20.27% lower than the 5-day moving average.
Previous day’s volume is 66.30% lower than the 22-day moving average.
Previous day’s volume is 74.89% lower than the 50-day moving average.
Previous day’s volume is 63.42% lower than the 100-day moving average.
Previous day’s volume is 52.24% lower than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -57.74% lower than the 22-day moving average.
22-day moving average is -25.47% lower than the 50-day moving average.
50-day moving average is 45.64% higher than the 100-day moving average.
100-day moving average is 30.58% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 07-11-2024 with a volume of 2,304,556.93 USDT and ended on 12-11-2024 with a volume of 9,074,667.64 USDT, lasting for 5 days and representing a 293.77% increase.
The longest consecutive volume decrease started on 23-07-2024 with a volume of 2,989,620.04 USDT and ended on 28-07-2024 with a volume of 955,992.62 USDT, lasting for 5 days and representing a 68.02% decrease.
Price Volume Coorelation
During the longest volume increasing period price increase from 27.38 USDT to 33.96 USDT, which represents a 24.03% change.
During the longest volume decreasing period price decrease from 29.82 USDT to 27.40 USDT, which represents a -8.12% change.
Strategy
There is no trend formation at the moment. We should wait until a trend forms.
AVAX – Avalanche
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
