Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
AVAXUSD Market Analysis- April 12
AVAXUSD has undergone a significant shift in market sentiment, transitioning into a bearish trend following a major high at the start of 2025. This high marked the beginning of a persistent decline, with the price breaking through key support zones decisively, signaling a change in overall market direction.
AVAX/USD Key Levels
Support Levels: $32.60, $15.70
Resistance Levels: $44.20, $55.40
AVAX/USD Long-Term Trend: Bearish (Daily Chart)
The bullish momentum that began in early August 2024 saw AVAXUSD steadily climb, reaching a local high around $55.40 in early December. However, this rally was halted as the price formed a double top pattern, which initiated a sharp bearish reversal. Initially interpreted as a retracement within the broader bullish trend, the decline intensifies after breaching the $32.60 demand level.
This bearish momentum accelerated further as AVAXUSD approached the $15.70 level, breaking below the major low formed in August 2024. This confirmed a significant bearish structure shift, solidifying the longer-term downtrend.
Currently, price action suggests a potential short-term retracement. The market is showing early signs of bullish momentum as it retests the $15.70 zone, a key support level. The daily Relative Strength Index (RSI) also reflects increasing bullish momentum, pointing to a possible corrective move within the broader bearish context.
AVAXUSD Medium-Term Trend: Bullish (4-Hour Chart)
On the 4-hour timeframe, AVAXUSD is beginning to show signs of a short-term bullish trend that aligns with the potential retracement anticipated on the daily chart. The recent price action has formed a failed low, followed by the emergence of strong bullish candlesticks.
Moreover, the short-term bearish trendline has been broken, and price has moved above the 4-hour Moving Average—both strong crypto signals supporting a bullish move in the medium term. If momentum sustains, this 4-hour uptrend could fuel a deeper pullback on the daily chart, although the broader trend remains bearish until significant resistance levels are reclaimed.
Make money without lifting your fingers: Start using a world-class auto trading solution
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
[xyz-ihs snippet="Markets"]Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
