Avalanche (AVAX): daily brief · Nov 7, 2026
Technicals
Price is just above the 200-day SMA ($8.13) and below the 7-day ($8.46), 20-day ($8.84) and 50-day ($9.92) SMAs. MACD is −0.39 with a flat histogram.
Daily RSI is 38.6, up from ~36 this morning.
Resistance: $8.35 (pivot) · $8.49 · $8.62 · $8.81–8.84
Support: $8.13–8.14 · $8.04–8.07 · $7.65 · $7.21
Fundamentals and on-chain
Unlock: 1,666,800 AVAX (~$14M, under 0.4% of supply) from the Avalanche Foundation on Nov 8. No exact time found.
Treasury company: Avalanche Treasury Corp (AVAT) posted preliminary Q3 net income of ~$54.6M, mostly from AVAX revaluation. It holds 13.31M AVAX, ~91% staked, and bought back 2.89M shares.
ETFs: $0 net flow on Nov 6, after ~−$841K on Nov 5. Cumulative inflows are $12.95M.
RWA: ~$1.73B tokenized on Avalanche. Tokenized Treasuries are $545M (+14% QoQ).
Upgrades: Helicon has been live since Sep 22. Its staking-curve phase-in finishes by Dec 21.
Derivatives: CoinGlass OI is $339M and 24h liquidations ~$102K. Binance OI is $65.6M (−3.2%) with neutral funding (0.01%/8h). Futures traders lean long.
Top news
AVAT reports a Q3 profit and its AVAX holdings.
The 1.67M AVAX unlock lands on Nov 8.
AVAX ETFs show zero flows.
Tokenized assets on Avalanche top $1.7B.
Forecasts
🟢 Bullish: $8.60–8.84 if AVAX reclaims the $8.35 pivot and breaks $8.49–8.62.
⚪ Base: $8.04–8.49, trading on the 200-day as the unlock lands.
🔴 Bearish: $7.21–7.65 on a daily close below $8.04, which CMC AI says would confirm further downside.
Analysts: Blockchain.News (Peter Zhang) says positioning is supportive but spot isn’t confirming. CoinGabbar stays bearish below $9.40.
Upcoming events
Sun Nov 8: 1.67M AVAX unlock (time not given)
Mon Nov 9, 02:00: weekly close
Tue Nov 10, 15:30: US October CPI
By Mon Dec 21: Helicon staking curve fully phased in
Market overview, not investment advice.