Avalanche Price Analysis of March 10, 2025: AVAX Attempts to Recover from $18 Dip, Will it Succeed?

    Let’s dive into the Avalanche price analysis of March 10, 2025, as AVAX faces a critical resistance level at $18.50. Will bulls breakthrough, or will bears extend the downtrend?

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    Updated Mar 10, 2025 5:07 AM GMT+0
    Avalanche Price Analysis of March 10, 2025: AVAX Attempts to Recover from $18 Dip, Will it Succeed?

    Are you thinking of investing in AVAX and looking for the Avalanche price analysis for March 10,2025? The AVAX price trend shows a clear picture of its traversal in the last 24 hours. Multiple indicators show that the sustained downtrend of AVAX exists because the price maintains specific lower highs and lower lows within an identifiable downward channel. AVAX has encountered resistance at $18.50 which it cannot overcome despite strong support at $18.00. The price chart indicates a pivotal time for AVAX since overcoming specific resistance levels could result in brief market recovery. The bearish momentum can drive prices to decrease if it continues.

    Analyzed by baishnabtriparna, published on TradingView on March 10,2025

    Avalanche Price Analysis: AVAX’s Downward Channel and Key Price Levels

     AVAX price trends have formed a declining trendline which created bearish trading channels. A brief upward price spike occurred previously even though $18.50 resistance stopped its advance thus causing the price to resume its downward trajectory after the AVAX breakout. New investors started buying AVAX after it reached the $18.00 support line thus creating a short-term price support area. Market support at this level determines whether the market will advance or decline. A sustained recovery of AVAX will face resistance at the $18.50 level and needs to overcome it before changing its trend direction. The price showing resistance at $18.00 possesses the potential to generate lower levels by declining toward $17.80 or beneath that mark.

    Indicators Analysis: Is AVAX Due for a Short-Term Recovery?

    The Relative Strength Index (RSI) served as an essential indicator which identified oversold conditions throughout. The significant drops of RSI to levels below 30 confirm the cryptocurrency entered an intensely oversold zone with selling forces approaching exhaustion. Recent RSI growth to 59.79 marks a rising buying pressure. The RSI exceeding 60 suggests that bullish market sentiment is becoming stronger. The lack of momentum signal would become evident if the indicator approaches its present position but fails to reach it which might trigger another negative market shift.

    The MACD indicator verifies the changing market momentum patterns. The time period of declining values in Bitcoin led to multiple events known as death crosses between the MACD line and signal line which indicated bearish trends. A new golden cross emerges to suggest a potential trend alteration. Positive upward momentum starts to emerge according to the readings of the MACD histogram. The price might move toward support levels when bearish forces regain strength because the MACD maintains negative momentum.

    AVAX at a Crucial Juncture: Potential Scenarios

    Based on Avalanche price analysis, AVAX holds a crucial position within its trading range as two separate market conditions remain possible. The price breaking and maintaining position above $18.50 will validate an upward trend that may continue toward $18.80 and possibly reach $19.00. The presence of a golden cross on the MACD and an improving RSI supports this possibility. 

    Market fluctuations will result in a downward price shift whenever resistance prevents AVAX breakout as this creates conditions for a $18.00 reevaluation. A break beneath $18.00 would cancel the recovery effort and create conditions for additional losses targeting $17.80 or potentially even lower prices since AVAX holds a critical decision point between bullish and bearish potential. A sustained upward trend requires a successful breakthrough of $18.50 resistance yet $18.00 support stands as the main barrier to prevent additional price decline. The market requires traders to monitor resumption above resistance or rejection signals that tend to generate new selling activity.

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