Avalanche Price Forecast – AVAXUSD Buyers Hold Ground Amid Selling Pressure

Avalanche Price Forecast – February 19

The Avalanche price forecast indicates that the market is struggling against persistent selling pressure, with price action consolidating around the $23.900 key level.

Avalanche Long-Term Trend: Bearish (Daily Chart)
Key Levels

Support Levels: $24.270, $23.900
Resistance Levels: $32.840, $40.360
Despite the prevailing bearish trend since last year, buyers are showing resilience, attempting to stabilize prices and prevent further declines. Avalanche has been on a downward trajectory, losing momentum after reaching its $40.360 high in January. Sellers have pushed the price lower, breaking through $32.840 and driving AVAXUSD toward the $24.270 support zone as February unfolds.

Avalanche Price Forecast – Outlook

The Parabolic SAR (Stop and Reverse) indicator continues to signal bearish strength, reinforcing the existing downtrend. Meanwhile, the Stochastic Oscillator suggests a potential shift, as the price is nearing oversold conditions, which could trigger a bullish reaction.

If buyers successfully defend the $23.900 – $24.270 support zone, a short-term reversal could be in play. The price may then attempt to rebound toward the $32.840 resistance level. While the market remains under bearish control, buyers are making efforts to regain strength.

Holding above $24.270 could allow Avalanche to stage a recovery, targeting $32.840 as a key resistance level. A confirmed breakout above this zone could set the stage for a move toward $40.360 in the long run.

Avalanche Medium-Term Trend: Bearish (4-Hour Chart)

On the 4-hour chart, sellers continue to exert pressure, though buyers are putting up resistance around $24.270. The Stochastic Oscillator signals a potential bullish divergence, suggesting that buying momentum may soon increase.
For a significant recovery, buyers must first reclaim $26.000 before attempting to break higher resistance levels. If sellers regain dominance, AVAXUSD could slide toward $23.000, confirming an extended downtrend. Traders should closely monitor crypto signals for potential trend shifts.

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