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Avalanche Price Forecast – December 26
The Avalanche price forecast indicates that buyers are regaining strength, pushing the price above the significant $40.600 level.
Avalanche Long Term Trend: Bullish (Daily Chart)
Key Levels
Support Levels: $40.600, $35.000
Resistance Levels: $48.000, $55.770
Avalanche’s bullish rally earlier this month drove the price to a high of $55.770 before sellers disrupted the upward momentum, causing the market to slip. Buyers have now regained control, lifting the price back above the $40.600 support level, signaling a potential turning point.
Avalanche Price Forecast – AVAXUSD Outlook
The MACD (Moving Average Convergence and Divergence) indicator shows signs of recovery, with the potential for the signal line to cross above the midline. If this occurs, it will confirm a bullish signal and boost buyers’ confidence. Additionally, the RSI (Relative Strength Index) is approaching the buy zone, further suggesting a resurgence in bullish momentum.
If buyers sustain their efforts, Avalanche could aim for the $48.000 resistance level in the short term. Breaking through this level could lead to another attempt at the $55.770 key zone, reaffirming the bullish trend.
However, if the recovery stalls, the price may consolidate around the $40.600 level or dip further to test the $35.000 support. Traders should monitor confirmations from the MACD and RSI for a clearer sense of the market’s next direction.
Avalanche Medium Term Trend: Bullish (4-Hour Chart)
On the shorter time frame, buyers are actively working to recover lost ground. Both the MACD and RSI indicators are beginning to align with bullish momentum. The MACD is approaching a positive crossover, while the RSI is gradually moving into the buyers’ zone.
If the current momentum continues, Avalanche could climb toward $45.000 in the medium term, with the possibility of further gains as bullish signals strengthen. Failure to maintain the upward trajectory might result in a retest of the $40.600 level before the market attempts another advance. Crypto signals suggest traders remain optimistic about the potential for recovery.
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