Avalanche Price Forecast – AVAXUSD Drips As Buyers Struggle For Recovery

Avalanche Price Forecast – December 12

Avalanche price forecast indicates that buyers are losing confidence in their ability to counter the ongoing selling pressure.

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

Support Levels: $40.000, $35.000
Resistance Levels: $50.000, $55.500
Avalanche is currently experiencing selling pressure, with the price hovering around the $45.900 level. Following a significant pullback to $40.000, buyers are striving to regain momentum amid resistance near the $55.500 zone.

Avalanche Price Forecast – AVAXUSD Outlook

The bullish trend that began at $22.100 in November appears to have stalled as sellers attempt to capitalize on recent price weakness. Buyers initiated a strong rally last month, driving AVAXUSD from $22.100 to a peak of $55.500. However, resistance at this critical level triggered a reversal, with sellers dragging the price back to $40.000. Buyers are now working to establish a foothold to counter the growing downward pressure.

Market indicators suggest sellers are gaining momentum, and buyers must defend key support levels to prevent further declines. The ongoing tug-of-war between buyers and sellers will likely shape short-term price movements.

The MACD (Moving Average Convergence and Divergence) on the daily chart reflects bearish sentiment, with the signal line trending lower and histogram bars widening. This indicates increasing sell pressure. Additionally, the moving average shows a bearish crossover, signaling the potential for further downside unless buyers regain strength.

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

On shorter timeframes, sellers maintain dominance as both the MACD and moving average indicators reflect declining momentum. Buyers must mount a stronger recovery to shift the trend in their favor.
If buyers successfully defend the $40.000 support level, a reversal could push AVAXUSD back toward the $50.000 resistance zone. A sustained rally beyond this level may reignite bullish sentiment. However, failure to hold $40.000 could lead to a deeper decline toward $35.000, where buyers might regroup to initiate a stronger recovery. Crypto signals suggest traders should monitor these levels closely for actionable opportunities.

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