Avalanche Price Holds $15 Support Amid SMA Resistance
Avalanche price (AVAX) has been trading in a narrow $15–$24 range since March 2025, recently touching a multi-month low of $15.28 on November 4 before rebounding to around $18.15. Avalanche price remains capped by its 21-day and 50-day simple moving averages (SMAs), while daily and four-hour Doji candlesticks signal trader indecision. The 21-day SMA sits below the 50-day SMA, confirming bearish momentum. A sustained break above the 50-day SMA could trigger renewed upside, whereas a drop below the $15 support would open the door for further declines. Traders should monitor these SMA barriers and the $15 support zone for clear directional cues.
Neutral
The combined analysis shows that Avalanche price remains trapped between a critical $15 support level and resistances at the 21-day and 50-day SMAs. Technical indicators, including Doji candlesticks and a bearish SMA alignment, point to weakening momentum and trader indecision. This suggests a neutral outlook as the market awaits a clear breakout or breakdown. In the short term, price is likely to continue range-bound trading. In the long term, a decisive move above the 50-day SMA could trigger bullish momentum, while a break below $15 support would signal a bearish trend. Traders should remain cautious and wait for confirmation before positioning.