AVAX Technical Analysis Feb 14
The post AVAX Technical Analysis Feb 14 appeared on BitcoinEthereumNews.com.
AVAX is approaching a critical support test at the $9.21 level, with RSI at 37 giving an oversold signal; however, could Bitcoin’s downtrend hinder the altcoin rally? Market Overview and Current Position Avalanche (AVAX) reached $9.21 with a 4.07% rise in the last 24 hours, trading in the 8.74-9.26 range. Daily volume points to $184 million, while the overall trend continues downward. Although this move gives a short-term recovery signal, the dominant bearish pressure across the market keeps AVAX below EMA20 ($9.87). The MTF (multi-timeframe) alignment on the weekly chart identifies a total of 10 strong levels across 1D, 3D, and 1W timeframes, providing investors with a clear framework: 2 supports and 2 resistances on 1D, similar distribution on 3D, and on 1W, 2 supports and 5 resistances stand out. The market is highlighting these technical levels during a period of calm news flow. AVAX’s subnet architecture and high-speed transaction capacity preserve its long-term potential, while in the short term, rising Bitcoin dominance is pressuring altcoins. Daily candle closes show a structure testing the 9.25 resistance; a break here could increase short-term optimism, but a cautious approach is necessary within the overall downtrend. Check detailed data for AVAX Spot Analysis. AVAX’s market cap and liquidity profile keep it in the shadow of ETH and SOL in Layer-1 competition, but the recent rise is supported by increasing volume. This indicates speculative buying entering, but sustainability requires broader market confirmation. Technical Analysis: Key Levels to Watch Support Zones The strongest support level is $9.1433 (score: 73/100), functioning as a pivot point on the daily chart and positioned just above the last 24-hour lows. Below this, $7.5500 (score: 61/100) comes into play; this area carries Fibonacci retracement from weekly lows and MTF confluence. If 9.14 holds, short-term recovery is possible, but a break…
Filed under: News - @ February 14, 2026 4:17 am