Avalanche Price Forecast- AVAXUSD Faces Bearish Pressure as Buyers Struggle

Avalanche Price Forecast -March 27th

Avalanche(AVAXUSD) price forecast has slipped lower after buyers failed to break the $24.270 resistance level.

AVAXUSD Key Levels:

Support: $20.000, $17.330
Resistance: $24.270, $33.000

AVAXUSD Long-Term Trend: Bearish (Daily Chart)

The crypto market has taken a bearish turn, with AVAXUSD struggling to maintain bullish momentum. AVAX/USD has been under selling pressure since last year, with buyers failing to push through the $33.000 significant level.

Avalanche Price Forecast – AVAXUSD Outlook

After being rejected, sellers drove the price down to $17.330 key level, marking a strong bearish zone. The Momentum indicator signals increasing bearish sentiment.

The Bollinger Bands suggest sellers are targeting a breach of the mid-level, reinforcing the downside outlook. If buyers fail to reclaim strength, we could see further declines toward the $17.330 key support level.

One the daily time frame, the market atmosphere therefore suggest sellers taking over the market. The bears are more likely to dominate more than ever as time goes on in the market.

AVAXUSD Short-Term Trend: Bearish (4-Hour Chart)

On the lower chart Avalanche remains under selling pressure: The Momentum indicator is declining, confirming bearish control.

The sellers are driving price lower, increasing the likelihood of a break below $20.000. With sustained selling pressure, AVAXUSD may continue to decline, potentially testing the $17.330 support level.

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