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$AVAX Technical Analysis and Price Prediction.
Avalanche is up roughly 6% at press time on Monday, testing the 50-day EMA at $9.58. If AVAX clears this level, it could target the 100-day EMA at $10.75.
The MACD line has crossed back above its signal, with the histogram turning higher, suggesting improving upside momentum after a shallow consolidation. The RSI at 57 departs from mid-range and points higher, indicating buyers are regaining control without yet reaching overbought conditions.
Looking down, the key support for AVAX lies at the $8.24 support level marked by the February 5 low.#GateSquareAprilPostingChallenge