AVAIL Price Prediction 2024: Latest Trends and Analysis

Bittime - AVAIL saw its price spike to $0.250 on July 23 before dropping 48% to $0.128. With an ascending channel pattern and RSI below 50, the analysis shows the potential for a return to the highs or a further decline. The 2024 price prediction is around $0.1763, depending on market dynamics and demand.

AVAIL Latest Trends and Analysis

AVAIL has a market capitalization of $350 million and trading volume of $146 million. On July 23, AVAIL/USDT appeared on KuCoin and experienced a significant price increase, reaching a high of $0.250000. After peaking, the token declined 48% from its initial price to $0.128000. AVAIL Token has been trading in an ascending channel pattern and has a base around the low.

AVAIL attempted to break the $0,250,000 resistance level but was unsuccessful, so it slumped to the lower boundary of the channel. The RSI is below 50, and the price is trading below its twenty- and fifty-day moving averages, indicating a downtrend. According to Coiningabbar's analysis, increased buying pressure could push the price back towards the upper limit, allowing the price to reach a new high, if the lower limit holds. The price may fall further to $0.170000 if the bull run fails.

AVAIL Price Prediction 2024

Many analysts believe that AVAIL's price may experience volatility along with the latest developments in its ecosystem, based on the latest data from CoinGecko, which shows that the current price prediction is around $0.1763, reflecting recent market changes and investors' perception of AVAIL.

AVAIL Fundamental Analysis

Observing the supply and demand dynamics in the case of AVAIL is the easiest way to perform fundamental analysis. To make reasonable future price assumptions, you can also look at the total market cap (300.4B) and circulating supply (1.7B). Then, if there is a request, it can see the number of new addresses, active addresses, and transactions on the network.

Conclusion

On July 23, the price of AVAIL jumped 48% to $0.250000. AVAIL is currently trading at the lower boundary of the ascending channel, and the RSI is below 50, indicating a downtrend. Prices may rise back to previous highs if buying pressure increases; conversely, if the decline continues, the price may fall further to $0.17000. According to market volatility, the 2024 price prediction is around $0.1763. Fundamental analysis shows how important demand and supply dynamics are for determining future prices.

How To Buy Crypto With Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

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