$ 20,003.00
$ 1,128.77
$ 0.999909
$ 0.456899
$ 0.323634
$ 1.00

Avalanche Price Prediction October 2021: Will AVAX Reach $100 In October?

Avalanche Price Prediction October 2021: Will AVAX Reach $100 In October?

AVAX  Technical Analysis – October 2021

Monthly Analysis

Over the last 30 days, AVAX has been bearish. This price decline came forth after AVAX reached an all-time high at $79. The price has declined by around 36% after that. The trend is downward for AVAX.

Monthly analysis for Avalanche (AVAX)
AVAX/ USDT 4-Hour Chart

Weekly Analysis 

In the last 7 days, AVAX had increased by around 16%, indicating that the trend was reversing. However, the price decreased again after that by 14%. AVAX is currently attempting to retest the previous high at $60.

Daily Analysis

In the intraday chart, AVAX has been highly volatile. While its price increased in the early hours of the day, it declined again at the same point, leaving plenty of profitable trades for day traders.

Key Structures


  • $51


  • $65


Moving Average

The 20-day moving average is quite above the price of AVAX due to the recent downtrend. Unless there is a bullish breakout, the MA line indicates that the price of AVAX could keep decreasing in the coming days.

The 9-day EMA is currently acting as resistance to the price of AVAX. If today’s candlestick in a 1-day chart closes above the EMA line, then we could see the trend reverse and the price of AVAX increase in the short run.

Relative Strength Index

The RSI of a daily chart has been fairly average and below 50. This indicates that the momentum is slightly bearish, but it also means that there is room for growth for AVAX. In a 4-hour chart, the RSI is slightly more optimistic.


The MACD line has been below the signal line for quite some time in the daily chart, indicating that the trend is bearish for AVAX. Nonetheless, the lines are slowly converging, hinting at a possible shift in momentum soon. In a 4-hour chart, the momentum has become bullish after MACD recently moved above the signal line and above the baseline.

Fear & Greed 

The fear and greed indicator in a 4-hour chart suggests that the current emotion of AVAX traders is green, meaning that traders are bullish.

Fear and greed indicator for Avalanche (AVAX)
AVAX/USDT in 4-Hour Chart


The Fibonacci retracement level in a 1-day chart forecasts that the price of AVAX has recently found support at the 61.8% level. Other things equal, AVAX could aim for the 23.6% extension level in the coming weeks.

Fibonacci retracement levels for Avalanche (AVAX)
AVAX/USDT in a 1-Day Chart

Price Prediction AVAX  – October 2021

Based on this technical analysis on Avalanche (AVAX), we could see its trend reverse after finding support at the 61.8% level. Furthermore, the longer-term trend of AVAX is bullish, indicating that the price could increase in the long run. With BTC continuing its bullish run, we could see AVAX reach a new all-time high and go close to $100 in the coming weeks.

Latest News for AVAX  – Affecting Price

Avalanche Foundation has announced that they will be allocating $3 million as incentives for Stake DAO strategies. This could have a positive effect on the price of AVAX in the coming weeks.

Also read: Avalanche (AVAX) Price Prediction 2021 and Beyond – Will It Grow Even More?

Also read:

Related News

Will KuCoin Token Reach $100 in 2022 – KuCoin Price Forecast

KuCoin is a popular cryptocurrency exchange because of its cheap fees and extensive range of features. The platform allows you to trade in futures and margin products, using a vast variety of tokens to pick from. The crypto exchange also has a native coin KuCoin Token (KCS). KuCoin’s numerous features, low costs, and wide range of cryptocurrencies make it a great choice for experienced cryptocurrency traders. But what about its

Read More »
Ethereum Price Prediction May 2022: Will ETH Reach $5,000 in May?

Ethereum Price Prediction May 2022: Will ETH Reach $5,000 in May?

ETH Technical Analysis – May 2022 Ever since hitting an all-time high in November of 2021 at around $4,800, the price of Ethereum (ETH) has been in a downtrend. Initially, the price declined by around 26%, and ETH ended the year at $3,500. That bearish momentum continued in January as well, where ETH declined by almost 45% in January alone. However, ETH managed to find support at $2,160, which then

Read More »
Bitcoin Price Prediction May 2022: Will BTC Reach $100,000 in May?

Bitcoin Price Prediction May 2022: Will BTC Reach $100,000 in May?

BTC Technical Analysis – May 2022 Ever since Bitcoin (BTC) reached its all-time high in November of 2021 at around $69,000, the price has been in a downtrend. The price initially declined by more than 30%. BTC ended the year at around $50,000.  In 2022, BTC maintained that similar approach, where the price declined by an additional 35% in the first few weeks of the year. After finding support at

Read More »

My Coins

$ 20,003.001.68%
$ 1,128.773.13%
$ 0.4568992.46%
$ 0.9999090.19%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy


Contact Us

For any question conatct us through:

Disclaimer: All information and materials on this website are for educational purposes only. does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: