Bloomberg: Apa's 15-Min Chart Triggers MACD Death Cross, KDJ Death Cross

Based on the 15-minute chart for Apa, a technical analysis indicates that a MACD Death Cross and KDJ Death Cross were triggered on 10/02/2025 at 10:15. This suggests that the stock price has the potential to continue declining, as the momentum of the stock price is shifting towards the downside and may further decrease in value.

The Avalanche (AVAX) price has been on an upward trajectory, extending its gains following a significant announcement from the Avalanche Treasury Company (AVAT). As of press time on Thursday, the AVAX price is up by 1% from the previous day, continuing the 2% gains observed on Wednesday. This upward movement is driven by a $1 billion ecosystem treasury plan unveiled by AVAT Avalanche Price Forecast: AVAX eyes further gains on $1 billion ecosystem treasury plan^[1].

AVAT announced a business combination valued at over $675 million with Nasdaq-listed Mountain Lake Acquisition Corporation (MLAC). This deal includes $460 million in treasury assets and establishes a public financial vehicle for AVAX. The goal of this plan is for AVAT to own over $1 billion of AVAX, fueled by the Avalanche Foundation's nod to acquire tokens at a discounted price and an 18-month priority on sales. This treasury plan demonstrates AVAT's confidence in the Avalanche ecosystem, which has boosted investor spirits Avalanche Price Forecast: AVAX eyes further gains on $1 billion ecosystem treasury plan^[1].

CoinGlass data indicates that the AVAX Open Interest (OI) stands at $1.62 billion on Thursday, up from $1.45 billion on Wednesday. This increase in cash inflow into AVAX derivatives suggests a risk-on sentiment among investors Avalanche Price Forecast: AVAX eyes further gains on $1 billion ecosystem treasury plan^[1].

Additionally, Avalanche announced a significant rise in its monthly Decentralized Exchange (DEX) trading volume, reaching $17.432 billion in September. This marks the highest recorded DEX volume in nearly three years, indicating growing liquidity and user adoption Avalanche Price Forecast: AVAX eyes further gains on $1 billion ecosystem treasury plan^[1].

Technically, Avalanche is trading above the $30 mark, bouncing off its 200-week Exponential Moving Average (EMA) at $29.08. The AVAX price movement is currently within the 50% and 61.8% Fibonacci retracement levels at $28.60 and $33.48, respectively. If the recovery extends to a decisive close above $33.48, AVAX could advance towards $41.91 Avalanche Price Forecast: AVAX eyes further gains on $1 billion ecosystem treasury plan^[1].

The Relative Strength Index (RSI) on the weekly chart is at 58, indicating a bullish view with room for further growth before reaching the overbought zone. The Moving Average Convergence Divergence (MACD) indicator also displays a rise in bullish momentum, with the average line pointing upwards into positive territory Avalanche Price Forecast: AVAX eyes further gains on $1 billion ecosystem treasury plan^[1].

However, a potential reversal below $28.60 could test the 38.2% Fibonacci retracement level at $24.43, signaling a bearish trend Avalanche Price Forecast: AVAX eyes further gains on $1 billion ecosystem treasury plan^[1].