{"id":464108,"date":"2023-12-07T21:52:52","date_gmt":"2023-12-07T21:52:52","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=464108"},"modified":"2023-12-07T21:52:52","modified_gmt":"2023-12-07T21:52:52","slug":"avalanche-price-prediction-for-today-december-7-avax-technical-analysis","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/avalanche-price-prediction-for-today-december-7-avax-technical-analysis","title":{"rendered":"Avalanche Price Prediction for Today, December 7 \u2013 AVAX Technical Analysis"},"content":{"rendered":"<p>The Avalanche price prediction is moving with an uptrend, and the traders could expect an early arrival of a price rally.<\/p>\n<h2>Avalanche Prediction Statistics Data:<\/h2>\n<ul>\n<li>Avalanche price now &ndash; $25.9<\/li>\n<li>Avalanche market cap &ndash; $10 billion<\/li>\n<li>Avalanche circulating supply &ndash; 365.6 million<\/li>\n<li>Avalanche total supply &ndash; 433.6 million<\/li>\n<li>Avalanche CoinMarketCap ranking &ndash; #10<\/li>\n<\/ul>\n<h2>AVAX\/USD Market<\/h2>\n<p>Key Levels:<\/p>\n<p>Resistance levels: $32, $34, $36<\/p>\n<p>Support levels: $20, $18, $16<\/p>\n<figure id=\"attachment_464111\" aria-describedby=\"caption-attachment-464111\" style=\"width: 1400px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-464111 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/AVAXUSD_04122023.png\" alt=\"Avalanche Price Prediction for Today, December 7 &ndash; AVAX Technical Analysis\" width=\"1400\" height=\"744\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/AVAXUSD_04122023.png 1400w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/AVAXUSD_04122023-300x159.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/AVAXUSD_04122023-1024x544.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/AVAXUSD_04122023-768x408.png 768w\" sizes=\"(max-width: 1400px) 100vw, 1400px\"><figcaption id=\"caption-attachment-464111\" 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 dealing with the bulls as the coin remains above the 9-day and 21-day moving averages. The Avalanche price has always sought to increase despite the pressure of the market. However, the crypto market is heading toward the upside, and the coin is likely to touch the resistance level of $27. The period after this one should be flourishing.<\/p>\n<h2>Avalanche Price Prediction: AVAX Could Gain More Upwards<\/h2>\n<p>As of the current daily chart, the <a href=\"https:\/\/insidebitcoins.com\/news\/avalanche-price-prediction-for-today-november-29-avax-technical-analysis\">Avalanche price<\/a> is resiliently maintaining its position at $25.9. However, should the $24 support undergo testing, there is a likelihood of the coin experiencing a downward break. Should AVAX\/USD breach this level, traders may anticipate a subsequent descent below it, potentially probing critical support thresholds at $20, $18, and $16.<\/p>\n<p>As of now, the price hovers around $25.99, driven by robust bullish momentum, complemented by moderately positive technical indicators. The resistance levels are identified at $32, $34, and $36, with the 9-day Moving Average (MA) persisting above the 21-day MA, amplifying the bullish trend.<\/p>\n<h2>AVAX\/BTC Breaks to the Upside<\/h2>\n<p>Against Bitcoin, the <a href=\"https:\/\/insidebitcoins.com\/visit\/etoro-news\" rel=\"nofollow\">Avalanche<\/a> price has been grinding higher and the market price is likely to cross above the upper boundary of the channel. The Avalanche price is now contained within the channel as traders wait for the bulls to hopefully push the market higher while the 9-day moving average may need to cross above the 21-day moving average.<\/p>\n<figure id=\"attachment_464110\" aria-describedby=\"caption-attachment-464110\" style=\"width: 1400px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-464110 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/AVAXBTC_04122023.png\" alt=\"Avalanche Price Prediction for Today, December 7 &ndash; AVAX Technical Analysis\" width=\"1400\" height=\"744\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/AVAXBTC_04122023.png 1400w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/AVAXBTC_04122023-300x159.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/AVAXBTC_04122023-1024x544.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/AVAXBTC_04122023-768x408.png 768w\" sizes=\"(max-width: 1400px) 100vw, 1400px\"><figcaption id=\"caption-attachment-464110\" class=\"wp-caption-text\">AVAXBTC &ndash; Daily Chart<\/figcaption><\/figure>\n<p>Moreover, if the bulls can break out above the channel, traders can expect initial resistance at 7000 SAT. Above this, higher resistance could be located at 7500 SAT and above. From below, if the sellers bring the market beneath the lower boundary of the channel, traders can expect critical support at 4200 SAT and below.<\/p>\n<h2>Avalanche Alternatives<\/h2>\n<p>The Avalanche price may continue to move bullishly, waiting for a cross above the upper boundary of the channel. However, the daily breakout reveals that the AVAX price may rise to the resistance level of $30 before creating additional gains. Meanwhile, if this support level gets weak, a price breakdown may occur, and the bears could locate the support at $22.<\/p>\n<p>In this regard, the <a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" rel=\"nofollow\">Bitcoin Minetrix<\/a> is presently amid its initial coin offering, positioned to surpass the well-established Avalanche (AVAX) in yielding significant profits. With a presale that has already garnered over $4.9 million, investors are poised to witness a remarkable 10X price surge upon the token&rsquo;s listing on exchanges in the upcoming months. Seize the opportunity now, acquire BTCMTX tokens, and pave your path to financial liberation.<\/p>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">New Crypto Mining Platform - Bitcoin Minetrix<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/09\/bitcoin-minetrix.svg\" alt=\"Bitcoin Minetrix\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Audited By Coinsult<\/li>\n                                                                                                    <li>Decentralized, Secure Cloud Mining<\/li>\n                                                                                                    <li>Earn Free Bitcoin Daily<\/li>\n                                                                                                    <li>Native Token On Presale Now - BTCMTX<\/li>\n                                                                                                    <li>Staking Rewards - Over 50% APY<\/li>\n                                                                                            <\/ul><!--\/.inContentProviderSingle--lis-->\n                                                                            <\/div>\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img float-right\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/09\/bitcoin-minetrix.svg\" alt=\"Bitcoin Minetrix\" width=\"125\" height=\"60\">\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <div class=\"col-12 text-center\">\n                                        <div class=\"inContentProviderSingle--button\">\n                                                                                        <a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" title=\"Start Trading\" rel=\"nofollow\">Learn More<\/a>\n                                        <\/div>\n                                        <div class=\"inContentProviderSingle--disclaimerText\">\n                                                                                    <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderSingle--wrapper-->\n                    <\/div><!--\/.inContentProvider--single-->\n                            \n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The Avalanche price prediction is moving with an uptrend, and the traders could expect an early arrival of a price rally. Avalanche Prediction Statistics Data: <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/in-content-providers\/bitcoin-minetrix\" title=\"Bitcoin Minetrix\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":464109,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[8409,12306,12830,7992],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Avalanche Price Prediction for Today, December 7 \u2013 AVAX Technical Analysis<\/title>\n<meta name=\"description\" content=\"The Avalanche price prediction is moving with an uptrend, and the traders could expect an early arrival of a price rally.\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108\" \/>\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, December 7 \u2013 AVAX Technical Analysis\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-07T21:52:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/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\/464108#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Avalanche Price Prediction for Today, December 7 \u2013 AVAX Technical Analysis\",\"datePublished\":\"2023-12-07T21:52:52+00:00\",\"dateModified\":\"2023-12-07T21:52:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108\"},\"wordCount\":497,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"keywords\":[\"Avalanche\",\"AVAX\",\"AVAXUSD\",\"Technical Analysis\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108#respond\"]}],\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108\",\"name\":\"Avalanche Price Prediction for Today, December 7 \u2013 AVAX Technical Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"datePublished\":\"2023-12-07T21:52:52+00:00\",\"dateModified\":\"2023-12-07T21:52:52+00:00\",\"description\":\"The Avalanche price prediction is moving with an uptrend, and the traders could expect an early arrival of a price rally.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108\"]}],\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108#primaryimage\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search &amp; 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Find his other published work on Learn2.trade, and CryptoSignals.org.","sameAs":["https:\/\/www.linkedin.com\/in\/azeez-mustapha-0825565b\/","https:\/\/twitter.com\/ItuGlobal"],"url":"https:\/\/insidebitcoins.com\/news\/author\/azeezmustaph"}]}},"modified_by":"Azeez Mustapha","_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1742"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=464108"}],"version-history":[{"count":1,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108\/revisions"}],"predecessor-version":[{"id":464112,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/464108\/revisions\/464112"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/464109"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=464108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=464108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=464108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}