{"id":433814,"date":"2023-08-27T22:07:46","date_gmt":"2023-08-27T22:07:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=433814"},"modified":"2023-08-27T22:07:46","modified_gmt":"2023-08-27T22:07:46","slug":"avalanche-price-prediction-for-today-august-27-avax-technical-analysis","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/avalanche-price-prediction-for-today-august-27-avax-technical-analysis","title":{"rendered":"Avalanche Price Prediction for Today, August 27 &#8211; AVAX Technical Analysis"},"content":{"rendered":"<p>The Avalanche price prediction shows that AVAX could spike above the 9-day moving average or extend the market movement toward the south.<\/p>\n<h2>Avalanche Prediction Statistics Data:<\/h2>\n<ul>\n<li>Avalanche price now &ndash; $10.19<\/li>\n<li>Avalanche market cap &ndash; $3.6 billion<\/li>\n<li>Avalanche circulating supply &ndash; 353.4 million<\/li>\n<li>Avalanche total supply &ndash; 430.8 million<\/li>\n<li>Avalanche Coinmarketcap ranking &ndash; #19<\/li>\n<\/ul>\n<h2>AVAX\/USD Market<\/h2>\n<p>Key Levels:<\/p>\n<p>Resistance levels: $13, $14, $15<\/p>\n<p>Support levels: $8, $7, $6<\/p>\n<figure id=\"attachment_433817\" aria-describedby=\"caption-attachment-433817\" style=\"width: 968px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-433817 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/AVAXUSD_19082023.png\" alt=\"Avalanche Price Prediction for Today, August 27 - AVAX Technical Analysis\" width=\"968\" height=\"534\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/AVAXUSD_19082023.png 968w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/AVAXUSD_19082023-300x165.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/AVAXUSD_19082023-768x424.png 768w\" sizes=\"(max-width: 968px) 100vw, 968px\"><figcaption id=\"caption-attachment-433817\" class=\"wp-caption-text\">AVAXUSD &ndash; Daily Chart<\/figcaption><\/figure>\n<p><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-avalanche\">AVAX\/USD<\/a> is currently moving sideways but the coin has not been able to sustain a steady uptrend over the past few days. However, the Avalanche price has formed a pattern where the day could begin either with an up or down trend, but the coin reverses toward the end of the day.<\/p>\n<h2>Avalanche Price Prediction: What to Expect from Avalanche (AVAX)<\/h2>\n<p>The <a href=\"https:\/\/insidebitcoins.com\/news\/avalanche-price-prediction-for-today-july-8-avax-usd-could-touch-15-level\">Avalanche price<\/a> may continue to consolidate itself in a flag formation, waiting for a cross above the 9-day and 21-day moving averages. However, the daily breakdown reveals that the AVAX price may drop to the support level of $9.5 before heading to the upside. Meanwhile, if the support level of $10 gets weak, a price breakdown may occur and the bears could locate the supports at $8, $7, and $6 respectively.<\/p>\n<p>Meanwhile, a bullish movement may continue and this could push the market price toward the resistance levels of $13, $14, and $15. For now, the Relative Strength Index (14) is moving to cross above the 30-level as the signal line points to the upside.<\/p>\n<h2>AVAX\/BTC Bulls May Continue to Play Out<\/h2>\n<p>Against Bitcoin, the <a href=\"https:\/\/insidebitcoins.com\/visit\/etoro-news\" rel=\"nofollow\">Avalanche<\/a> bulls may continue to push the coin toward the upper boundary of the channel and this could increase the bullish signals in the market. Meanwhile, if the AVAX price drops, sellers could pose a threat to buyers and any breakdown toward the lower boundary of the channel may cause the coin to collapse.<\/p>\n<figure id=\"attachment_433816\" aria-describedby=\"caption-attachment-433816\" style=\"width: 968px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-433816 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/AVAXBTC_19082023.png\" alt=\"Avalanche Price Prediction for Today, August 27 - AVAX Technical Analysis\" width=\"968\" height=\"534\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/AVAXBTC_19082023.png 968w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/AVAXBTC_19082023-300x165.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/AVAXBTC_19082023-768x424.png 768w\" sizes=\"(max-width: 968px) 100vw, 968px\"><figcaption id=\"caption-attachment-433816\" class=\"wp-caption-text\">AVAXBTC &ndash; Daily Chart<\/figcaption><\/figure>\n<p>Nevertheless, for a positive upsurge, 4500 SAT and above could be the major resistance level for the coin, but any bearish movement could hit the important support at 3300 SAT and below. The technical indicator Relative Strength Index (14) is likely to cross above the 40-level, which could take the price to the positive side.<\/p>\n<h2>Alternatives to Avalanche<\/h2>\n<p>The Avalanche price is hovering around the resistance level of $10.19 as the coin trades near the 9-day moving average to touch the resistance level of $10.23. The Avalanche may continue to move upwards if the price crosses above the 9-day and 21-day moving averages.<\/p>\n<p>Meanwhile, as we stand on the cusp of history, the countdown to the official launch of <a href=\"https:\/\/insidebitcoins.com\/visit\/wallstreetmemes\" rel=\"nofollow\">Wall Street Memes ($WSM)<\/a> on tier 1 exchanges is underway. The question isn&rsquo;t just why you should invest, but rather, how can you afford to miss out on being part of this remarkable journey as over $25m has been raised so far? Join Now. 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Avalanche Prediction Statistics <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/wall-street-memes\" title=\"Wall Street Memes\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":433815,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[8409,12306,12830,7992],"class_list":["post-433814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-avalanche","tag-avax","tag-avaxusd","tag-technical-analysis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Avalanche Price Prediction for Today, August 27 - AVAX Technical Analysis<\/title>\n<meta name=\"description\" content=\"The Avalanche price prediction shows that AVAX could spike above the 9-day moving average or extend the market movement toward the south.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/433814\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avalanche Price Prediction for Today, August 27 - AVAX Technical Analysis\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-27T22:07:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/avalanche-avax-logo-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Azeez Mustapha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ItuGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azeez Mustapha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/433814#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/433814\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Avalanche Price Prediction for Today, August 27 &#8211; 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