AVAX remains under technical pressure on Oct. 31
BROBROK News · Based on reporting by DiarioBitcoin ·
AVAX is trading at USD 8.41, down 1.19% on the day and 24.64% over 30 days. The token sits below several moving averages, while the RSI and MACD still point to weakness, though support near USD 8.37–8.39 leaves room for a technical bounce.
Key points
- AVAX fell to USD 8.41, below the prior open and close
- The token is trading under short- and medium-term moving averages, including the 7-, 15-, 30- and 50-day SMAs
- RSI at 33.4 and a weak stochastic reading suggest selling pressure, but no confirmed reversal
- Daily volume was 16.10% below the 30-day average
- Estimated support is near USD 8.37–8.39; no clear catalyst was confirmed
Why it matters
The setup points to technical weakness rather than a confirmed trend change. For crypto investors, it highlights the difference between a short-term rebound and a broader recovery.
Original headline: “AVAX bajo presión: señales técnicas y niveles clave para el 31 de octubre de 2026”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.