Avalanche Trading Sideways Below $26

Jul 12, 2025 at 07:56 // Price
Author
Coin Idol

The price of Avalanche (AVAX) has risen above the moving average lines following the breakout on July 10.

AVAX price long-term analysis: bullish

The altcoin is trading sideways between the $16 support and the $26 barrier. The moving average lines and resistance at $26 have hindered the rise, although the decline was halted above the $16 low.

Today, buyers have broken above the moving average lines. On the upside, positive momentum is predicted to reach a high of $26. If AVAX breaks above the $26 level, it will start to rise. The altcoin will reclaim its previous highs between $36 and $40. The price of the altcoin stands at $26.

Analysing the Avalanche indicator

The price bars run both below and above the horizontal moving average lines. On the 4-hour chart, the price bars are above the upward moving average lines. The 21-day SMA is above the 50-day SMA, indicating an uptrend.

Technical Indicators:

Resistance Levels – $60 and $70

Support Levels – $30 and $20

AVAXUSD_(Daily Chart) - July 11.jpg

What is the next direction for Avalanche?

AVAX remains in a sideways trend between support at $16 and resistance at $26. The altcoin's uptrend will resume when it breaks above the $26 level.

Currently, the bullish momentum has stalled near the $21 mark. The cryptocurrency is slipping as it continues its downward sideways movement. If the altcoin overcomes the initial restrictions, it is expected to gain in value.

AVAXUSD_(4-hour Chart) - July 11, 2025

Disclaimer. This analysis and forecast are the personal opinions of the author. They are 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.

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