AVAX

Avalanche

AVAX testing support at 9.21 dollars, giving a recovery signal with RSI at 37 but downtrend remains dominant. Bitcoin correlation is increasing risks, critical levels 9.14 support and 9.25 resistance.

After enduring a brutal 95%+ drawdown from its 2021 peak, Avalanche is now showing early signs of a potential high-timeframe reversal. With price stabilizing at macro support and forming an emerging Elliott Wave structure on the weekly chart, the current phase could mark a critical turning point in the broader cycle. Weekly Elliott Wave Structure Signals Macro Inflection AVAX is currently forming an Elliott Wave structure on the weekly chart, trading within a massive descending channel that has remained intact since the 2021 all-time high. The broader structure suggests the asset is still operating within a long-term corrective phase, but key technical signals now point to a potential higher-timeframe inflection point. Related Reading: Avalanche Shows Signs Of Recovery As Key Indicator Flashes A Buy Signal – Details According to Crypto Patel, after enduring a brutal 95%+ cycle correction, Avalanche appears to have completed Wave 1 with a macro low near $5.67. Price is now transitioning into the early stages of a Wave 2 recovery phase, a critical moment in the Elliott Wave sequence that often determines whether a sustainable expansion phase can follow. Structurally, the weekly chart shows several notable developments. Wave 1 seems to have finalized within the $8–$5 macro bottoming zone, establishing a potential base of support. At the same time, price continues to trade within the long-term descending channel that has defined the broader downtrend. Technically, the chart reflects a clean bearish breakdown followed by a retest of the lower trendline, a classic deviation setup. Additionally, AVAX executed a liquidity sweep into the weekly demand zone between $8 and $7. Meanwhile, the overall fractal structure also mirrors the compression phase seen in the previous cycle before expansion. For confirmation, Crypto Patel emphasizes the need for sustained weekly strength and expansion back toward mid-channel resistance. A decisive push in that direction would strengthen the bullish Wave 2 thesis and signal that the larger recovery structure is beginning to unfold. Avalanche Upside Roadmap: $33 To $147 In Focus CryptoPatel outlines an ambitious upside roadmap for Avalanche, projecting sequential targets at $33, $58, $97, and ultimately $147. Should the broader channel expansion scenario play out into 2026–2027, price could trend toward the upper boundary of the multi-year descending channel. From the macro bottom to the final target, that would represent an estimated 2,489% expansion. Related Reading: Avalanche (AVAX) Defies Bear Market With Explosive On‑Chain Growth, Messari The bullish thesis remains intact as long as Avalanche holds above $5.50 on a weekly final support, which marks the Wave 1 low and last major structural support. Maintaining this level preserves the higher-timeframe recovery structure and keeps the Wave 2 continuation scenario in play. However, a confirmed weekly close below $5.50 would invalidate the setup and signal structural weakness. As it stands, this remains a high-timeframe, patience-driven opportunity with asymmetric risk-to-reward, a framework best suited for spot accumulation and long-term holders. Featured image from Getty Images, chart from Tradingview.com

The market remains in a downward trend, yet savvy investors seek opportunities for careful portfolio management. This article delves into digital assets poised for potential growth even amid challenging conditions. Discover which cryptocurrencies may offer a beacon of hope in the current financial landscape. Chainlink Eyes Recovery as Prices Hover Around New Levels Source: tradingview Chainlink (LINK) stands in a tight price range between about $7.34 and $10.16. It's pushing against the nearest resistance level at $11.49, needing a 10% jump to break through. The coin's nearest support is at $5.86. Recent movements show a 6% rise in the past week, though it's still down by over 40% this month. The long-term 100-day and 10-day averages sit close to $8.50. With the RSI near neutral at around 52 and a Stochastic reading above 80, there's cautious optimism. If momentum builds, LINK could aim for a 40% gain, potentially setting sights on nearly $14.31. However, a healthy dose of wait-and-see remains. Avalanche (AVAX) Shows Signs of Recovery Amid Recent Price Fluctuations Source: tradingview Avalanche (AVAX) is showing signs of possible upward movement as it trades between around seven to ten dollars. Recently, it has gained just over 6% in a week, despite a harsh drop of nearly 40% over the last month. The current price is hovering around its short-term and longer-term averages, signaling a potential shift. If AVAX breaches its nearby resistance level, it could rise to almost twelve dollars, marking an approximate gain of 15%. Breaking through further could see targets near fourteen and a half dollars. While the crypto has seen a turbulent half year, current indicators suggest possible stabilization and growth. Mantle (MNT) Fluctuates, Eyeing Potential Surge Source: tradingview Mantle’s price is moving between fifty-two and seventy-six cents. Over the past week, it has seen a small rise of about one and a half percent. However, this looks small compared to a drop of almost forty percent in the last month and over fifty percent in six months. The current price is slightly below its short-term moving average. If Mantle breaks past its nearest barrier at eighty-seven cents, it could aim for the dollar mark and beyond. This would be a jump of about twenty-six percent from the top of its current range. But if it falls below support, it could dip even lower, testing investor patience. Conclusion The current market conditions remain challenging. LINK, AVAX, MNT, and ADA are suggested for those aiming to manage risk. Each has unique strengths that can navigate through tough times. LINK excels with its data oracle services. AVAX offers solid technology for decentralized applications. MNT has shown potential in the financial sector. ADA focuses on creating a sustainable blockchain. Diversifying with these coins might help balance a risk-managed portfolio. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Capital is rotating again within the smart contract sector. As Ethereum consolidates its Layer-2 dominance and Solana regains retail momentum, attention has quietly returned to Avalanche. Across Crypto Twitter and recent CoinDesk coverage, analysts are revisiting the AVAX price p...

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AVAX traders are getting more careful about execution in 2026. When the market moves quickly, even a small slippage can change a trade's outcome. Many traders who used Uniswap for AVAX spot swaps on Avalanche are now looking at perp venues instead, especially when they want quick...

The most recent AVAX price predictions indicate a contradictory approach to bearishness and apprehensive optimism as 2026 unfolds. On social networks and analyst feeds, the mood towards Avalanche has been dynamic: some of the models indicate a moderate growth potential, whereas o...

AVAX is under heavy market pressure right now.