The price of Avalanche (AVAX) is falling again after being pushed back from the moving average lines on the 11th of June. Avalanche price long-term analysis: bearish After falling above the $18.00 support, buyers were unable to sustain the positive momentum above the moving average lines. The cryptocurrency is back to its current support level at $18. The altcoin has been trading above the $0.18 support but below the moving average lines since its crash. In an attempt to break through the $18 support, the price is testing it again today. If AVAX breaks below the current support, it will fall to its previous low of $14. At the time of writing, AVAX is trading at $18.91. AVAX price indicators analysis The horizontal moving average lines at the bottom of the chart are above the price bars. The doji candlesticks at the bottom of the chart are used to describe the price movement. They show that traders are hesitant to commit to the price of the market. Technical Indicators: Key Resistance Levels – $60 and $70 Key Support Levels – $30 and $20 What is the next direction for Avalanche? The price of AVAX is consolidating at the bottom of the chart. Although it is below the moving average lines, the altcoin is now trading above the $18.50 support. The presence of doji candlesticks has caused the price action to remain stationary. There are long candlestick tails at the bottom of the chart. Strong buying pressure can be seen at the bottom of the chart. Since the 5th of June, the price of the altcoin has been above the $18 support and below the moving average lines, as Coinidol.com wrote before. Disclaimer. This analysis and forecast are the personal opinions of the author. They are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.