Coinidol.com Avalanche price analysis: AVAX has been trending sideways below the $31 barrier since September 13.
Avalanche price long-term analysis: bullish
On September 2, AVAX resumed its uptrend after rising above the moving average lines. The altcoin rose to a high of $31, but buyers were unable to sustain the positive momentum until $44.
Last week, AVAX was forced to trade below the $31 level but above the moving average lines. The formation of doji candlesticks has stagnated the price movement. However, AVAX will rise if buyers push the price above the $31 level, otherwise the sideways trend could continue.
Technical Indicators:
AVAX price indicators analysis
The price bars are above the upward moving average lines. The uptrend will continue as long as the price bars are above the moving average lines. On the 4-hour chart, the moving average lines are horizontal and indicate a sideways trend. Doji candlesticks have formed and are influencing the price movement.
AVAX/USD price chart – September 17, 2025
What is the next direction for Avalanche?
The price of AVAX is now moving sideways as the altcoin faces rejection at the $31 mark. The altcoin is steadily oscillating above the $28 support and below the $31 resistance level.
On the 4-hour chart, the price of the cryptocurrency has pulled back above the moving averages. The price of the cryptocurrency is consolidating above the moving average lines, indicating a possible recovery.
AVAX/USD 4-hour price chart – September 17, 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.