Avalanche (AVAX): The bulls tried to push the price back above the uptrend line
14 Feb 2022
Avalanche (AVAX) plummeted below the moving averages and the uptrend line on Feb. 20, suggesting that the higher levels continue to attract selling by the bears. The bulls tried to push the price back above the uptrend line on Feb. 2 but the long wick on the candlestick suggests that bears are defending the breakdown level. If the price breaks and sustains below $74.70, the AVAX/USDT pair could further slip to $65.
The RSI has dipped into the negative zone and the 20-day EMA ($82) has started to turn down, indicating that bears have the upper hand. This negative view will invalidate if the price rebounds off the current level and breaks above the downtrend line. That could result in a rally to the psychological level at $100.
Related
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 87.6% | 13 | $61 918.40 | -0.84% | -1.50% | $1 219 695 029 363 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 83.6% | 22 | $2 900.39 | -1.36% | -4.32% | $348 385 659 060 |  |
|
| 3 |  USDT |
Tether predictions | 93.6% | 1 | $0.999539 | 0% | -0.04% | $110 795 844 297 |  |
|
| 4 |  BNB |
Binance Coin predictions | 89.2% | 15 | $569.29 | -3.24% | -2.73% | $84 020 110 443 |  |
|
| 5 |  SOL |
Solana predictions | 80% | 28 | $143.97 | -1.57% | -3.60% | $64 594 929 261 |  |
|
| 6 |  USDC |
USD Coin predictions | 93.6% | 1 | $1.000113 | 0.02% | 0.02% | $32 883 921 637 |  |
|
| 7 |  XRP |
XRP predictions | 87.2% | 14 | $0.501454 | -1.04% | -4.56% | $27 760 079 989 |  |
|
| 8 |  TON |
Toncoin predictions | 66.8% | 62 | $6.95 | -0.17% | 22.62% | $24 160 692 921 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 82% | 34 | $0.146123 | -1.91% | -3.36% | $21 084 716 794 |  |
|
| 10 |  ADA |
Cardano predictions | 85.6% | 19 | $0.430130 | -1.09% | -3.14% | $15 343 126 229 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 74.4% | 45 | $0.000023 | -0.89% | -0.37% | $13 598 349 040 |  |
|
| 12 |  AVAX |
Avalanche predictions | 79.6% | 34 | $32.33 | 0.49% | -8.47% | $12 351 127 554 |  |
|
| 13 |  TRX |
TRON predictions | 79.6% | 40 | $0.125444 | -0.01% | 3.45% | $10 972 427 318 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 79.6% | 42 | $0.125028 | -0.54% | 3.43% | $10 935 991 865 |  |
|
| 15 |  STETH |
Lido stETH predictions | 91.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
