Avalanche Price Forecast: Avalanche Gears Up for Further Upside Movements

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Avalanche Price Forecast: February 15

The Avalanche price forecast is for the market to gain more price level as the buyers keep strengthening. The focus is on $50.00.

Avalanche Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Zones of supply: $42.40, $45.30, $50.00
Zones of Demand: $30.30, $33.60, $36.80

Avalanche has thus far maintained a steady upside movement since the price reversal at around $26.20. This was not without some barriers at some strategic points, such as at $36.80. Now the coin has reached another strategic point at $42.40. Nevertheless, the bulls seem up for this, and the latest candlestick has about edged above the zone. AVAXUSD is expected to surge even higher, with the target set at $50.00

Avalanche Price Forecast: AVAX/USD Outlook

Avalanche has exhibited a consistent upward trajectory since the price reversal around $26.20.

The market has had to overcome barriers at strategic points, including $36.80. The current focal point is now $42.40, where the bulls are displaying resilience.

The persistence of the coin is evident in the latest candlestick edging above the zone. AVAXUSD is poised for an extended surge, targeting $50.00.

AVAX/USD Medium-Term Trend: Bullish (4-hour chart)

Analyzing the daily timeframe reveals a prominent lineup of Parabolic SAR (Stop and Reverse) dots positioned below the daily candlesticks, underscoring robust bullish strength. The MACD (Moving Average Convergence Divergence) lines provide positive crypto signals, crossing upward and surpassing the zero level, indicative of dominant buyer activity in the market.

On the 4-hour chart, the momentum exhibits a temporary slowdown, as the price initially ranged between $33.60 and $36.80 before ascending to the current stronghold at $42.40. Consequently, Parabolic SAR dots alternate around the candles. The MACD lines, having moved above the zero lines, depict alternating bullish and bearish histogram bars. Bulls are anticipated to maintain market control, with a firm focus on the $50.00 target, as confirmed by favorable crypto signals.

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