Avalanche Price Forecast: AVAX Buyers Eye a Breakout Beyond $37.420 with Order Block Insights

Avalanche Price Forecast – November 28

The Avalanche price forecast highlights a decrease in bullish momentum despite a recent upward run.

Avalanche Long-Term Trend: Bullish (Daily Chart)

Support Levels: $30.640, $22.210
Resistance Levels: $37.420, $40.000
Avalanche experienced a significant move this week, breaking past the $40.000 level before undergoing a sharp pullback that stalled its momentum. This deceleration has shifted focus to key levels, where institutional activity and liquidity zones will likely influence the market’s next direction.

Avalanche Price Forecast – AVAXUSD Outlook

Avalanche’s price continues to maintain a bullish structure. Earlier this month, the rally from the $22.210 bullish order block confirmed institutional accumulation at lower levels, driving upward expansion. However, the $40.000 resistance zone coincides with a critical liquidity pool, where the price is now consolidating.

The rejection around $40.000 signals the presence of sell-side liquidity, prompting a retracement as the market gathers strength. Current price action suggests that liquidity beneath the $37.420 resistance zone is being engineered, setting the stage for a potential breakout.

The Parabolic SAR indicates waning bullish momentum as it flips above the price, signaling consolidation without negating the overall bullish trend. The Stochastic Oscillator entering overbought conditions hints at potential exhaustion but aligns with typical pullbacks in a bullish market. This suggests that buyers may regroup for another push higher, aided by favorable crypto signals.

Avalanche Medium-Term Trend: Bullish (4-hour)

On the 4-hour chart, Avalanche shows signs of consolidation. The price remains range-bound near $37.420, with multiple failed attempts to break through resistance. This behavior likely reflects a phase of liquidity accumulation before the next significant move.
The Parabolic SAR positioning below the price on the 4-hour chart supports a localized bullish trend. Additionally, the Stochastic Oscillator indicates bullish divergence, pointing to renewed momentum as buyers prepare to regain control.

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