The altcoin is expected to trend once these range-bound levels are breached. AVAX price analysis by Coinidol.com.
Avalanche price long-term analysis: bearish
The price of Avalanche (AVAX) has remained unchanged since September 25, trapped between the moving average lines. The altcoin is trading within a range above the 50-day SMA support and below the 21-day SMA resistance. Neither bulls nor bears have managed to break through these support and resistance levels.
According to price indications, AVAX could reach a low of $19.12. In the meantime, the altcoin remains below the 21-day SMA resistance. Currently, AVAX price is at $30.33.
Technical Indicators:
Avalanche indicator analysis
The cryptocurrency price continues to trade above the 50-day SMA support but below the 21-day SMA resistance. Despite the recent decline, both the 50-day and 21-day moving average lines are trending upwards. On the 4-hour chart, the moving average lines are horizontal, with the price bars fluctuating above and below them.
AVAX/USD daily chart – October 6, 2025
What is the next direction for Avalanche?
Currently, AVAX is trading above the $27 support but below the $32 resistance. The upward trend has paused at the $31 level. The altcoin is now trading in a narrow range between $29 and $31, below the resistance level. Once these immediate levels are breached, the altcoin is expected to trend.
AVAX/USD 4-hours chart – October 6, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/avax-below-key-support/
