Avalanche Price Forecast: AVAXUSD Recovers Bullish Strength Back to $28.800 Significant Level

Avalanche Price Forecast – September 19th

The Avalanche price forecast indicates a bullish resurgence, with buyers pressing the market higher after a retest of key levels.

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

Support Levels: $20.000, $22.800
Resistance Levels: $28.800, $32.800
The AVAXUSD price has seen a strong recovery, with bullish momentum pushing the price back to the $28.800 significant resistance level. Earlier in the week, the market showed signs of weakness, but buyers managed to regain control, driving a sharp recovery from the $20.170 key level.

Avalanche Price Forecast: AVAXUSD Outlook

Following the initial breakthrough at the $22.800 market area, the buyers have continued building momentum. The price is now approaching the $28.800 resistance level, a critical point that halted the buyers’ progress last month, leading to a bearish decline. If the buyers can sustain their pressure, a breakthrough at this level could lead to further bullish expansion towards the $32.800 market area.

After the recovery from the $20.000 support zone, the market has shown signs of sustained bullish strength. The Momentum indicator has been rising steadily, signaling an upward push from the bulls. Similarly, the Stochastic Oscillator is firmly entrenched in bullish territory, suggesting that the buyers still maintain control of the market.

Currently trading near the $28.800 resistance level, the market’s direction will largely depend on whether the buyers can break this key zone. A successful push higher could pave the way for further price gains, potentially breaching the $32.800 mark.

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

In the short-term timeframe, the bullish momentum remains strong. The buyers have maintained a steady advance after overcoming the $22.800 key level. Although price volatility remains relatively low, this controlled upward movement could be beneficial for a sustained bullish trend.
Both the Stochastic Oscillator and the Momentum indicator continue to rise, reinforcing the bullish narrative and being employed in crypto signals. If the current market dynamics persist, a break above the $28.800 significant level may lead to a further surge towards the $32.800 resistance zone. Bulls appear ready for the next phase of expansion as the market builds strength.

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