Avalanche (AVAXUSD) Price Remains in an Uptrend

Avalanche (AVAXUSD) Price Forecast: September 24

Today, the AVAXUSD market value remains in an uptrend. The crypt is gaining traction, soaring past the crucial level with a robust bullish trend and innovative tokenization, signaling strong market optimism. The crypto price gave a bullish breakout from the $496.67 value amidst market correction and recovery attempt, suggesting buyers are making solid progress. The breakout rally made a high of $35.76; if the coin holders could prove stronger and the price shows sustainability above the mentioned value, the next price target could be the $36.00 upper resistance level, attracting big players to drive the coin price higher.

Key Levels:
Resistance Levels: $33.00 $34.00, $35.00
Support Levels:    $17.00, $16.00, $15.00

AVAX (USD) Long-term Trend: Bullish (Daily Chart)

Today, the Avalanche market remains in an uptrend as the market sparked renewed optimism among investors, with the crypto price showing upward momentum on its higher time forecast.
The price bars are approaching the overhead resistance, suggesting a robust bullish momentum.

The bulls’ successful breakout to the $33.99 high level in the last session has contributed to the crypto price going long at its recent high.

As the daily chart resumes, the AVAXUSD price remains in an uptrend at the $35.76 supply level today, suggesting a further favorable outlook for the cryptocurrency. Thus, more upward moves are possible as new positive entries are trading in the crypto market.

However, to reflect increased investor confidence in an up trending market, a positive breakout from the current resistance point might set off the recovery pattern and push coin prices higher to reach the upper range.

Furthermore, if the Avalanche price continues to surge in the long run, the token price may rise gradually under the influence of this market level and break through the current high to hit the upper resistance level of $36.00 shortly.

AVAX (USD) Medium-term Trend: Bullish (4H Chart)

The market value has increased by 5.46% as a result of the AVAXUSD prices continuing their upward trend on the 4-hourly chart.
The prices have broken the previous high and are above the moving averages, confirming a positive trend.

The sustained bullish pressure to $33.99 in the previous action has contributed to the coin’s recent high.

As the 4-hourly chart opens, the Avalanche price remains in an uptrend at $35.60 level over the EMA-50, suggesting buyers are actively trading the asset.

The market is responding to this pattern, and a strong buy entry opportunity should be presented by its breakout.

Investors purchasing at this supply can therefore anticipate steady growth above the current level, as the uphill trend continues.

Additionally, due to upward momentum shown by the daily indicator, the price of AVAXUSD may maintain its firmness above the supply levels and surge to reach the $36.00 upper resistance level sooner in its medium- term forecast.

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