COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- Avalanche (AVAX) has recently rebounded, recovering the losses incurred in May and June.
- Last week, AVAX surpassed the $30 threshold, sparking bullish enthusiasm among investors.
- However, extended analysis using Fibonacci retracements suggests that AVAX’s price might face challenges meeting investor expectations.
Explore the latest developments in Avalanche (AVAX) price movements and market sentiment.
Current Market Sentiment
Currently, the overall market outlook for AVAX reveals a short-term positive bias, despite retaining a bearish weekly trend. According to key Fibonacci retracement levels derived from the May and June declines, AVAX faces considerable resistance at the 50% retracement level of $32.66. The daily Relative Strength Index (RSI) is steady at 51, suggesting a balanced market momentum. The On-Balance Volume (OBV) indicates hesitance among buyers, contributing to a cautious market atmosphere.
Potential Price Movements
In early September, liquidity around the $30.8 mark helped propel AVAX’s price upward to $33 before experiencing a pullback. For further upward movement, the critical resistance levels are $34.3, $37.5, and $39.5. There’s a potential scenario where AVAX consolidates above $30, which could incite a downward correction by capturing existing liquidity and liquidating short positions.
Fibonacci retracement levels continue to play a pivotal role in the price analysis. For leveraged investors, a consistent weekly market structure is expected unless AVAX exceeds $38. Additionally, AVAX’s market capitalization has decreased to $10.842 billion, retaining its position at 12th rank, with trading volume dropping by 47% to $340.6 million.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Conclusion
While AVAX has demonstrated promising upward movements, the potential for future downturns remains. The interplay between Fibonacci retracement levels and market volume trends will be critical in forecasting AVAX’s price trajectory. Investors should remain vigilant and consider these factors when making investment decisions.
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |