{"id":7327,"date":"2026-03-09T12:22:43","date_gmt":"2026-03-09T12:22:43","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=7327"},"modified":"2026-03-09T12:22:43","modified_gmt":"2026-03-09T12:22:43","slug":"avalanche-price-forecast-as-bears-keep-avax-below-key-level","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=7327","title":{"rendered":"Avalanche price forecast as bears keep AVAX below key level"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/00_chart-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/00_chart-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/00_chart-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/00_chart-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2022\/08\/00_chart.jpg\" alt=\"Graphiques de trading\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Avalanche climbed above $9 as bulls mirrored broader gains.<\/li>\n<li>However, the altcoin remains in bearish momentum as the price hovers below a key level.<\/li>\n<li>Derivatives data and technical indicators offer a mixed outlook for the AVAX price.<\/li>\n<\/ul>\n<p>Avalanche price continues to face headwinds as the token trades just above $9.00.<\/p>\n<p>Despite slight gains after four consecutive days of downward action, AVAX price remains below the $10 mark as on-chain metrics and technical indicators show a mixed outlook.<\/p>\n<p>The overall bearish price action and underlying crypto market sentiment favour sellers, particularly amid the unfolding geopolitical scenario.<\/p>\n<h2>Avalanche derivatives outlook<\/h2>\n<p>The derivatives market for Avalanche presents a conflicting picture that traders must navigate carefully.<\/p>\n<p>On one hand, Avalanche futures Open Interest (OI) has fallen to $387 million, having declined steadily since mid-January.<\/p>\n<p>Coinglass data shows OI is nearing the February low of $361 million, which could highlight a drop in investor confidence amid a broader bearish outlook.<\/p>\n<p>Such a decline in open interest typically suggests that traders are closing positions rather than opening new ones, reflecting a cautious or bearish sentiment across the broader market.<\/p>\n<p>However, a closer look at the funding rates tells a different story. The funding rate for AVAX turned positive on Monday after hitting -0.0153% on March 6.<\/p>\n<p>While it is not steady amid recent price declines, it currently hovers around 0.0070%.<\/p>\n<p>A positive funding rate indicates that long positions are paying shorts.<\/p>\n<p>Often, this suggests that despite the falling price, a segment of the market remains bullish and is willing to pay a premium to hold long positions.<\/p>\n<p>This divergence of a falling open interest and positive funding suggests that while overall participation is down, the remaining leveraged traders are optimistic of a notable rebound.<\/p>\n<h2>Avalanche price forecast<\/h2>\n<p>The technical picture for Avalanche indicates that the region around the $8.63 and $8.10 levels provides a crucial support zone.<\/p>\n<p>AVAX has bounced off this area multiple times in the past two months, with bulls setting the lower boundary of the range as a key level on Feb 6 and on Feb 26.<\/p>\n<p>However, the bulls have failed to go higher amid supply wall rejection below $10.<\/p>\n<p>Avalanche\u2019s price has declined by more than 26% year-to-date.<\/p>\n<figure id=\"attachment_363291\" aria-describedby=\"caption-attachment-363291\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-363291\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/03\/avax-avalanche-chart.png\" alt=\"Avalanche AVAX Price Chart\" width=\"1057\" height=\"613\"\/><figcaption id=\"caption-attachment-363291\" class=\"wp-caption-text\">Avalanche price chart by TradingView<\/figcaption><\/figure>\n<p>The Relative Strength Index (RSI) currently reads 46, which is below the neutral 50 level.<\/p>\n<p>However, it\u2019s upturned to indicate that bulls could reclaim traction.<\/p>\n<p>Also notably, the Moving Average Convergence Divergence (MACD) indicator features a bullish crossover whose upside bias has not yet been invalidated.<\/p>\n<p>As of Monday morning, AVAX traded at $9.08, hovering just above the critical support zone.<\/p>\n<p>Should the market sentiment shift and buyers step in, a recovery to above $11 could bring the next level of $14 into play.<\/p>\n<p>If the bearish momentum outlook picks up fresh momentum, the token\u2019s value could test the February 6 low of $7.53.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Markets,AVAX News#Avalanche #price #forecast #bears #AVAX #key #level1773058963<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Avalanche climbed above $9 as bulls mirrored broader gains. However, the altcoin remains in bearish momentum as the price hovers below a key level. Derivatives data and technical indicators offer a mixed outlook for the AVAX price. Avalanche price continues to face headwinds as the token trades just above $9.00. Despite slight gains after four<\/p>\n","protected":false},"author":1,"featured_media":7328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-7327","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Avalanche price forecast as bears keep AVAX below key level - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Avalanche price remains near $9 as bulls eye fresh gains despite a mixed outlook for AVAX amid current geopolitical conditions\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=7327\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avalanche price forecast as bears keep AVAX below key level\" \/>\n<meta property=\"og:description\" content=\"Avalanche price remains near $9 as bulls eye fresh gains despite a mixed outlook for AVAX amid current geopolitical conditions\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=7327\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-09T12:22:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/03\/00_chart.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"362\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7327\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=7327\",\"name\":\"Avalanche price forecast as bears keep AVAX below key level - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7327#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7327#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/03\/00_chart.jpg\",\"datePublished\":\"2026-03-09T12:22:43+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Avalanche price remains near $9 as bulls eye fresh gains despite a mixed outlook for AVAX amid current geopolitical conditions\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7327#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=7327\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7327#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/03\/00_chart.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/03\/00_chart.jpg\",\"width\":700,\"height\":362},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7327#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Avalanche price forecast as bears keep AVAX below key level\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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