Avalanche Price Forecast: AVAXUSD Faces Persistent Selling
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Avalanche Price Forecast: AVAXUSD Faces Persistent Selling Pressure as Bears Extend Bearish Depth

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Azeez Mustapha

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Avalanche Price Forecast – July 25th

Avalanche price forecast shows the market facing ongoing selling pressure, with the bears maintaining control despite buyers’ efforts.


AVAXUSD Long Term Trend: Bearish (1-Day Chart)
Key Levels

Resistance Levels: $33.150, $37.270
Support Levels: $24.660, $21.790
Avalanche Price Forecast: AVAXUSD Faces Persistent Selling Pressure as Bears Extend Bearish Depth The Avalanche market has faced a prolonged bearish trend, with sellers maintaining a strong grip on the market. The sell traders have been exerting control, pulling the price down from the $33.150 key level. Despite the buyers’ potential, they have been unable to push past this price zone.


Avalanche Price Forecast: AVAXUSD Outlook

The Avalanche price initially took a turn for the worse, plummeting from the $42.070 key level. The bears managed to pressure the price down, ultimately reaching the $21.790 price zone.

In response to this bearish trend, market investors attempted to pull the price back up. However, they have been pushed out at the $33.150 price level.

The Momentum indicator has shown a decline, and the MACD histogram line continues to rise above the 0.00 level, despite the market experiencing an overall decline.


AVAXUSD Medium Term Trend: Bearish (4-hour Chart)

In the shorter time frames, the bears are still exerting their dominance, pushing the Avalanche price lower. As a result of the decline in momentum, the buyers have had to retreat for the moment, with the MACD continuing to trade lower as the sellers remain confident.
Avalanche Price Forecast: AVAXUSD Faces Persistent Selling Pressure as Bears Extend Bearish Depth This persistent selling pressure from the bears is a significant challenge for Avalanche buyers. They must now devise a strategy to regain control of the market and reverse the bearish trend from the $24.660 key level. Utilizing crypto signals may aid buyers in identifying opportune moments to re-enter the market and capitalize on potential recoveries.

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