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Avalanche analysis · Nov 6, 2026 · Downtrend

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at the daily close 03:00 (UTC+3)

Daily close 8.174 −6.45% on the day

Nov 6, 2026 in one sentence

Avalanche closed the day inside the 8.000–8.200 zone. A daily close above 8.200 opens the way to 8.277–8.317; below 8.000, to 7.011–7.169.

Avalanche on Nov 6, 2026: up or down? Two paths from the daily levels · each needs a daily close

Upside path A daily close above the zone top 8.200 (0.3% above the close) opens the way to 8.277–8.317, then the key zone 9.060–9.264.
Downside path A daily close below the zone bottom 8.000 (2.1% below the close) opens the way to 7.011–7.169.

Not financial advice

Avalanche broke support at 8.28 today and closed at 8.17, down 6.45 percent. RSI fell from 41.8 to 35.6. Price now sits in a tight zone between 8.00 and 8.20, so the next close can settle direction fast. A daily close above 8.20 would suggest the drop is being absorbed. A daily close below 8.00 would open the way toward 7.01–7.17.

Support and resistance on Nov 6, 2026

  • Zone bottom 8.000 2.1% below the close
  • Zone top 8.200 0.3% above the close

The bigger picture

The daily trend is down, and price is under the 200-day average at 9.08. The broken band at 8.28–8.32 is the first ceiling. Support at 7.01–7.17 has been tested four times, making it the stronger floor below.

What to watch

The levels 8.00 and 8.20 are very close, so a clear close either side matters more than intraday swings. Open interest edged up 0.36 percent.

Frequently asked questions

What were the support and resistance levels for Avalanche on Nov 6, 2026?

On the daily chart, the nearest support is 8.000 and the nearest resistance is 8.200.

Was Avalanche up or down on Nov 6, 2026?

Avalanche closed the day at 8.174, −6.45%. The daily trend is down. A daily close beyond 8.000 or 8.200 is what would change that picture.

What happens if Avalanche closes above 8.200?

A daily close above the zone top 8.200 (0.3% above the close) opens the way to 8.277–8.317, then the key zone 9.060–9.264.

What happens if Avalanche closes below 8.000?

A daily close below the zone bottom 8.000 (2.1% below the close) opens the way to 7.011–7.169.

Avalanche: technical analysis →