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Avalanche Price Forecast – January 10
Avalanche price forecast indicates that buyers are reclaiming control, reversing the recent bearish trend that brought the price down to the $35.750 support level.
Avalanche Long Term Trend: Bullish Recovery (Daily Chart)
Key Levels
Support Levels: $35.750, $32.000
Resistance Levels: $40.000, $45.300Avalanche experienced a bearish pullback after reaching the $45.300 resistance level, with sellers driving the price back to the $35.750 zone. However, buyers have interrupted this decline and are demonstrating renewed strength in the market.
Avalanche Price Forecast – AVAXUSD Outlook
The MACD (Moving Average Convergence and Divergence) indicator confirms this recovery, showing an increase in green histogram bars that signal growing bullish momentum. The Bollinger Band indicator also suggests heightened market volatility, creating the potential for significant price movement as buyers seek to regain control.
If buyers sustain their momentum, Avalanche could climb toward the $40.000 resistance level in the short term, with a potential retest of the $45.300 zone if bullish pressure persists. A successful breakout above this resistance level would confirm a stronger bullish trend.
Conversely, failure to maintain the current recovery could result in price consolidation near the $35.750 area. In such a scenario, the $32.000 zone may act as the next key support level if sellers regain control.
Avalanche Medium Term Trend: Bullish (4-hour Chart)
On the 4-hour chart, buyers are signaling a potential reversal, with the MACD showing upward momentum and the Bollinger Band indicating strong volatility. This suggests renewed buyer activity, increasing the likelihood of further price gains.If the current trend holds, as crypto signals suggest, Avalanche could target $38.000 in the medium term, with further gains toward $40.000. However, if momentum wanes, the market may consolidate before buyers make another attempt to push higher.
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