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Market Overview
AVAX/USD closed at $18.0636, slightly up 0.27% from the previous close of $18.0141, yet remains in a downtrend with a 30-day return of -8.20%. The price has declined from a recent high of $19.8871 to a low near $17.5454, reflecting sustained selling pressure. No major upcoming events are currently noted that might influence price action. Technical indicators show the 20-day SMA at $18.1153, 50-day and 200-day DMAs are not provided, RSI is not specified, with nearest support around $17.55 and resistance near $19.50. The trend and momentum suggest continued caution. For information only.
Last Updated 10/30/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.