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 | 76% | 42 | $61 547.52 | 2.05% | -6.23% | $1 216 355 112 897 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 75.6% | 44 | $2 377.14 | 1.41% | -10.43% | $286 144 526 536 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $0.999827 | 0% | -0.03% | $119 621 314 425 |  |
|
| 4 |  BNB |
Binance Coin predictions | 76.4% | 51 | $552.57 | 2.29% | -9.08% | $80 637 236 454 |  |
|
| 5 |  SOL |
Solana predictions | 72% | 55 | $141.69 | 4.13% | -9.33% | $66 377 309 590 |  |
|
| 6 |  USDC |
USD Coin predictions | 96% | 1 | $1.000075 | 0.01% | 0.03% | $35 554 277 856 |  |
|
| 7 |  XRP |
XRP predictions | 78% | 39 | $0.523869 | 0.75% | -10.99% | $29 632 119 965 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 77.2% | 39 | $0.108274 | 4.50% | -12.89% | $15 832 515 125 |  |
|
| 9 |  TRX |
TRON predictions | 93.2% | 1 | $0.157488 | 2.34% | 1.66% | $13 636 924 478 |  |
|
| 10 |  TON |
Toncoin predictions | 73.6% | 49 | $5.37 | 2.42% | -10.24% | $13 604 227 831 |  |
|
| 11 |  ADA |
Cardano predictions | 75.6% | 42 | $0.353883 | 4.62% | -12.53% | $12 370 494 795 |  |
|
| 12 |  AVAX |
Avalanche predictions | 65.2% | 68 | $25.80 | 6.17% | -14.05% | $10 482 710 259 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 55.6% | 94 | $0.000018 | 10.05% | -14.68% | $10 324 207 135 |  |
|
| 14 |  STETH |
Lido stETH predictions | 91.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 96% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
