After a marked correction, Avalanche stagnates below key levels: between selling pressure and a latent bullish bias. Find our complete technical analysis and AVAX outlook.
In brief
Technical analysis: AVAX stabilizes around $23.50 in a neutral and unengaged market, with limited recovery and still weak momentum.
Technical levels: AVAX trades between supports at $21 / $19 and resistances at $27 / $29; a breakout from the $22–35.3 range could trigger a strong directional move.
Derivatives analysis: AVAX shows a consolidating market, dominated by moderate selling pressure despite a slight bullish bias on funding.
Forecasts: Bullish bias above $21, with potential of +63%, but a break would expose AVAX to a drop of up to -37%; the macro and geopolitical context will remain key.
Technical Analysis of Avalanche (AVAX)
The spot price of AVAX stabilizes around $23.50, showing a slight weekly increase of about 2%, in a context of nearly unchanged volumes around 756 million dollars. The long-term trend remains neutral, marking a transition phase after a prolonged bearish period. In the medium term, the market moves without a clear direction, reflecting a lack of conviction. In the short term, a buying dynamic is visible, although progress remains contained. Momentum remains weak but balanced, without notable acceleration, indicating a watchful market where flows are present but lightly engaged.
Avalanche (AVAX) Technical Levels
AVAX faces several major technical levels. Resistances at $27, $29, $38, and $45 correspond to potential distribution zones, whose crossing could favor a bullish recovery. Supports at $21, $19, $17, and $14.5 represent historic demand zones, and their break would increase the risk of a continued decline. The monthly pivot point at $19.5 serves as a benchmark for the underlying trend. The low value area at $22 marks the lower boundary of a market equilibrium, while the high value area at $35.3 forms the upper boundary. Breaking either boundary could cause an imbalance likely to trigger a significant directional move.
The current technical analysis was carried out in collaboration with Elyfe, and 0xhugzer, investors and educators on the cryptocurrency market.
Derivatives Analysis (AVAX/USDT)
Open positions on AVAX/USDT contracts remain stable, a sign of a waiting or consolidating market. Flows reveal sell-side dominance with aggressive sell orders. Liquidations remain low but mainly affect longs, consistent with this bearish pressure. Despite this, the slightly positive funding rate reflects a persistent slight bullish bias among traders.
Several liquidation zones are identified on the market that could amplify volatility if approached. On the sell side, order concentration levels are at $24.90, then between $25.20 and $25.50, $26 and $26.30, as well as between $26.80 and $27.20. On the downside, buy-side liquidation zones are at $22 – $21, $20.70 – $20.50, $20.30 – $20, and finally between $19.10 and $18. Reaching these key levels could trigger rapid market reactions.
Forecasts for Avalanche (AVAX) Price
Bullish scenario:
Conditions: Maintaining above $21.
Targets: $27 / $29 / $36 – $38.
Potential: Approximately +63% from current level.
Bearish scenario:
Conditions: Break of the $21 support.
Targets: $18 / $15.5 – $14.6.
Potential: Drop up to -37% from current level.
Comment:
The bias remains bullish, but US macroeconomic indicators as well as news related to the global geopolitical context will be decisive to confirm this scenario.
Conclusion
AVAX moves in a fragile balance, with dominant selling pressure despite a persistent bullish bias. Interest remains moderate and without clear momentum, while several sensitive zones could amplify volatility if triggered. The macroeconomic and geopolitical context will play a key role in the future market direction. In this context, it will be essential to closely monitor price reactions at strategic levels to confirm or adjust current forecasts.
Finally, remember that these analyses are based solely on technical criteria, and cryptocurrency prices can change rapidly according to other more fundamental factors.
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Spécialiste en analyse technique, Elyfe décrypte les tendances graphiques des marchés des cryptomonnaies avec une approche rigoureuse et en constante évolution. À travers ses analyses détaillées, il apporte un regard éclairé sur la dynamique des prix, aidant les investisseurs et passionnés à mieux comprendre et anticiper les mouvements du marché.
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