Avalanche Price Forecast – AVAXUSD Buyers Push Toward $45.390 Resistance Zone

Avalanche Price Forecast – January 16

The Avalanche price forecast indicates continued bullish momentum, with buyers regaining control and aiming for the $45.390 resistance level.

Avalanche Long Term Trend: Bullish (Daily Chart)
Key Levels

Support Levels: $35.750, $32.000
Resistance Levels: $40.000, $45.390
The bullish recovery that began at the $35.750 support level has gained considerable traction. Buyers have successfully pushed the price beyond the midline of the Bollinger Band indicator, signaling a shift in market momentum. Although an earlier attempt to surpass the $45.390 resistance level in January failed, the current trend indicates that buyers are regrouping for another attempt.

Avalanche Price Forecast – AVAXUSD Outlook

The Stochastic Oscillator reflects a strong recovery, highlighting sustained bullish strength. If buyers maintain their current momentum, a breakout above the $45.390 resistance level could pave the way for further gains toward the $50.000 mark.

The ongoing bullish recovery points to a potential test of the $45.390 resistance zone. A successful breach of this level would confirm a robust recovery phase, enabling Avalanche to target higher price levels, particularly around $50.000.

Conversely, if buyers fail to overcome the $45.390 resistance, a temporary pullback may occur, with $40.000 serving as a critical support level. This would provide an opportunity for buyers to regroup. Crypto signals suggest monitoring market indicators closely to confirm the direction in the upcoming sessions.

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

On the 4-hour chart, the determination of buyers is evident, with the Stochastic Oscillator reinforcing the upward momentum. The market environment remains favorable for bullish activity, as the price continues to make steady progress toward the $43.000 level in the medium term.
If the current momentum persists, Avalanche could potentially breach the $45.000 resistance level in the short term, setting the stage for further gains toward $46.000. However, failure to sustain this momentum could result in consolidation around the $40.000 level.

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