Avantis (AVNTUSD) Trades Strongly above the $2.048 Supply Mark
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Avantis (AVNTUSD) Trades Strongly above the $2.048 Supply Mark

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Azeez Mustapha

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Avantis (AVNTUSD) Price Forecast: September 22

The AVNTUSD pair is experiencing resurgence in its bullish trend, trading strongly above the supply trend line and facing high demand from the bulls. Meanwhile, the token price may go higher from the $2.144 current high to the upper range. Hence, a bullish breakout from the current resistance level could trigger a new bull cycle within this pattern. Thus, in response to this bullish continuation, the coin might eventually reach the $2.475 prior resistance trend line and beyond, signaling a buy trade for the interested traders.

Key Levels:
Resistance Levels: $2.470 $2.471, $2.472
Support Levels:    $0.961, $0.960, $0.959

AVNT (USD) Long-term Trend: Bullish (1H Chart)

The Avantis market remains bullish and trades strongly above the supply trend levels in the higher time frames. This is clear as we can see the prices trading above the moving average line, indicating an uptrend.
Avantis (AVNTUSD) Trades Strongly above the .048 Supply Mark Nonetheless, the coin price is above the supply trend line in its most recent price level due to the prior action at the $1.428 high level in the previous session.

As the 1-hourly chart begins today, the AVNTUSD pair is experiencing a significant surge and is losing bearish momentum as it climbs and trades aggressively above the EMA-50 at a high level of $2.144, creating excitement among investors.

Hence, the pair indicates an upcoming bullish momentum as indicated by the daily stochastic pointing up.

As a result, more gains and strength from the coin are expected, leading the crypto price to a $2.475 upper resistance level in the days ahead as it trades strongly above the supply trend lines in its higher time frame.

AVNT (USD) Short-term Trend: Bullish (30-Minute Chart)

The market value of Avantis on the lower time frame is also in a bullish trend zone. The price bar is trading above the EMA-50, indicating an uptrend and bullish sentiment.
Avantis (AVNTUSD) Trades Strongly above the .048 Supply Mark The high momentum from the bulls at the $1.429 supply in the last session has enabled the crypto price to remain strong above the resistance line..

At the time of writing, the AVNTUSD price rises to a $2.144 supply level above the moving average as the 30-minute chart opens, providing buy traders with the tendency to further ladder up the trend.

To swing the token price ahead of the current trend level, more buyers’ attention is a prerequisite.

However, if the broader market bullish trend continues, the $2.475 value could be reached and extend further to a $2.490 resistance level, signaling the potential for significant gains as the bull trend continues.

Furthermore, an upward trend is indicated on the daily signal. Thus, a bullish candle closing above the $2.475 supply will confirm a potential uptrend.

Thus, a prolonged correction phase may increase the price of Avantis to a $2.490 high value in the coming days.

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