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Avalanche Price Remains Stuck Amid Bearish Trend

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AVAX
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The current price of Avalanche (AVAX) on August 19, 2026 is $6.34, very close to its daily pivot level of $6.35.

Although this seems stable, a closer look at the daily chart reveals that the trend remains bearish.

Avalanche's price is below its EMA20 ($6.42) and EMA50 ($6.61), and sits dramatically below its EMA200 at $8.69.

The market has not yet done the work to repair this damage, and the daily regime reading confirms that the trend is still down.

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