Avalanche Consolidates Near Key Support After Sharp Weekly Drop
Avalanche (AVAX) finds itself in a crucial phase as market participants closely monitor for a possible recovery after recent downturns in price. The token is presently valued at approximately $21.85, experiencing a decline of 3.75% in the last 24 hours and a significant drop of 24.34% over the week, while trading volume has decreased by over 40%, now standing at $740 million.
In light of the recent downturn, experts observe that Avalanche is still adhering to long-term support levels, preserving its framework within a symmetrical triangle pattern, a technical setup that frequently signals significant directional shifts.
Symmetrical Triangle Formation Suggests a Potential Breakout
Technical analyst Jonathan Carter notes that Avalanche is currently examining the lower edge of its symmetrical triangle on the weekly chart, bolstered by the 50-day moving average (MA 50). This region serves as a vital technical basis for possible upward reversals.
Carter’s examination highlights a range of possible targets: $30, $55, $80, and potentially $120 should breakout momentum strengthen. He highlights that these levels are contingent upon ongoing buying volume and a validated breakout above resistance.
Avalanche Consolidates Within Symmetrical Triangle Ahead of Key Breakout
Amidst the fluctuations of the wider crypto landscape, AVAX’s steady performance indicates a robust foundation. Traditionally, symmetrical triangles indicate a balance between buyers and sellers prior to the emergence of a significant trend.
Carter emphasizes the importance for traders to pay attention to volume spikes and trend validations around breakout areas to assess whether the upcoming movement leans towards bullish or bearish sentiment. The current phase of increasing volatility may pave the way for Avalanche’s next significant surge, should the sentiment turn favorable.
Recommended Article: Avalanche Price Rebound Signals $47 Recovery Target Ahead
2025 Market Forecasts Show Mixed Price Projections
Predictions for 2025 indicate significant fluctuations in Avalanche’s anticipated price path. DigitalCoinPrice suggests that AVAX might reach $48.08 by the end of the year, indicating a reasonable rebound from its current position. The platform indicates a possible return to $146.22, its previous peak, should market conditions become favorable.
On the other hand, Changelly presents a more cautious outlook, predicting that AVAX will range between $22.18 and $22.78 by October 2025. This range suggests a projected return on investment between 2.6% and 7.7%, with an annual average price around $23.92, indicating steady and sustainable growth.
Avalanche Maintains Stability Above $21.50 With Buyers Showing Interest
The moving averages are drawing closer to significant support levels, with the 50-day MA offering short-term protection. If AVAX can maintain its position above $21.50, market participants anticipate increased buying interest at lower levels, potentially leading to short-term recovery movements.
Should Avalanche fall beneath this threshold, the token may return to the $18–$20 range, where prior buying interest was noted earlier this year. It is essential to uphold these levels to sustain a positive trajectory as we approach the fourth quarter of 2025.
Broader Market Conditions Remain the Key Driver
The near-term performance of Avalanche is intricately linked to the prevailing sentiment in the broader market. The recent surge in Bitcoin volatility, coupled with a drop in liquidity, has hindered the recovery of altcoins in the past few weeks. Experts suggest that a robust recovery in BTC might pave the way for increased investment in Layer-1 initiatives such as AVAX.
The involvement of institutions and the expansion of the ecosystem, especially regarding DeFi and subnet integrations, will significantly influence Avalanche’s recovery potential in the midterm.
Avalanche Holds Key Triangle Support as Analysts Eye Breakout Above $30
Avalanche’s triangle support remains intact, and with analysts highlighting potential for significant upward movement, the upcoming months may be crucial. A confirmed breakout above the $30 resistance would affirm positive momentum, paving the way for significant movements toward $55–$120.
Currently, the technical indicators suggest a preference for consolidation rather than a breakdown. Traders are maintaining a measured sense of hope that the enduring strengths of Avalanche, characterized by rapid transaction speeds and a growing ecosystem, will underpin a consistent rebound leading into 2026.
