Daily close 8.233 −1.32% on the day
Nov 8, 2026 in one sentence
Avalanche closed the day between support 8.000 and resistance 9.264. A daily close above 9.264 breaks resistance, and there is no higher daily level in the current data. A daily close below 8.000 opens the way to 7.011–7.169.
What changed since yesterday
- The close moved from 8.343 to 8.233 (−1.32%); the daily trend is sideways.
- Nearest support is unchanged at 8.000 (3 touches).
- Nearest resistance is unchanged at 9.264 (4 touches).
- The daily trend flipped from up to sideways.
- RSI(14) daily moved from 38.4 to 36.9 (−1.5).
- Yesterday's analysis →
Avalanche on Nov 8, 2026: up or down? Two paths from the daily levels · each needs a daily close
Not financial advice
AVAX ended the day at 8.23, down 1.32 percent, with key levels intact in a quiet, fearful weekend market. The daily trend is sideways, while the weekly trend is up; daily RSI moved from 38.4 to 36.9, so momentum is weak. On thin volume, a daily close above 9.26 would improve the picture, while a close below 8.00 would weaken it.
Support and resistance on Nov 8, 2026
- Support 8.000 2.8% below the close
- Resistance 9.264 12.5% above the close
The bigger picture
The nearest ceiling is near 9.06, a band that has often turned the price back, while the weekly trend is up, so the two timeframes disagree. The nearest floor is near 8.20, and futures positions shrank as traders stepped back.
What to watch
A daily close above 9.26 would ease the pressure. A daily close below 8.00 would confirm more weakness and expose support near 7.17. Also watch whether the daily RSI of AVAX, now 36.9, turns up.
Frequently asked questions
What were the support and resistance levels for Avalanche on Nov 8, 2026?
On the daily chart, the nearest support is 8.000 and the nearest resistance is 9.264.
Was Avalanche up or down on Nov 8, 2026?
Avalanche closed the day at 8.233, −1.32%. The daily trend is sideways. A daily close beyond 8.000 or 9.264 is what would change that picture.
What happens if Avalanche closes above 9.264?
A daily close above 9.264 (12.5% above the close) breaks resistance, and there is no higher daily level in the current data.
What happens if Avalanche closes below 8.000?
A daily close below support 8.000 (2.8% below the close) opens the way to 7.011–7.169.