Avalanche (AVAX) Price: Technical Analysis Shows Potential for 21% Rally
Avalanche cryptocurrency shows strong potential for a 21% price rally to $25.15 if it breaks above the $21 resistance level amid increased whale activity.
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Avalanche cryptocurrency shows strong potential for a 21% price rally to $25.15 if it breaks above the $21 resistance level amid increased whale activity.
AVAX's large transaction volume jumped by 169%, indicating strong interest from whales and institutions.
Two Layer 1s are gaining momentum again: Solana (SOL) is drawing bullish forecasts with a $143 price target, while Avalanche (AVAX) is showing early signs of recovery after reversing a bearish trend. Both tokens are reclaiming market attention as capital inflows rise and sentiment improves.
Avalanche's AVAX token has broken out of its multi-week correction phase, demonstrating remarkable strength despite ongoing geopolitical tensions affecting cryptocurrency markets.
The price of Avalanche (AVAX) is currently 20.42 USD, marking a slight daily decline of 0.79%, but with a weekly increase of 2.52%, according to CoinMarketCap data updated as of April 22, 2025. The recent performance of AVAX suggests a phase of consolidation, with contrasting signals between technical corrections and bull cues.
The altcoins have been badly hit in this current bull market. Will Avalanche (AVAX), Toncoin (TON), and Kaspa (KAS) be able to recover?
The Avalanche ecosystem has grown significantly in the past year backed by institutional investors seeking to tokenize RWAs. AVAX price has already broken out of a multi-week correction phase, amid rising crypto bullish momentum.
Bitcoin (BTC) has been trading in a tight range for a few days, but a minor positive is that the bulls have kept the price above $83,000. Usually, a low volatility period is followed by a range expansion, but it is difficult to predict the direction of the breakout with certainty.Cryptocurrency analysts remain bullish on Bitcoin's prospects because gold's rally in 2017 and 2020 was followed by a sharp rise in Bitcoin's price.
Ava Labs President John Wu discusses Avalanche's accomplishments in bringing TradFi and gaming enterprises onchain.
The price of Avalanche (AVAX) has halted its fall above the $15 support.
Solana, Cardano, and Avalanche are currently leading the cryptocurrency market losses, with each experiencing drops of over 5% in the past 24 hours.
Operation Avalanche showcased how the Secret Service worked across borders with Canadian law enforcement and blockchain analysts to disrupt a sophisticated $4.3M Ethereum phishing operation. The joint effort identified compromised wallets and alerted victims before additional assets could be stolen. The post Secret Service & Canada Target $4.3 M Ethereum Phishing Scam in “Operation Avalanche” appeared first on Cryptonews.
Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The altcoins underperformed relative to the broader market in today's trading, despite some encouraging recent news emerging for the Solana ecosystem.
Avalanche displayed impressive performance in the past seven days, gaining over 35% to hover at $20 during this publication. The bullish outlook emerged as the protocol's total value locked (TVL) bounced back in April, ending the downtrends that dominated since early January. The shifting sentiments have sparked debates about AVAX's potential price recovery.
Avalanche's 16% weekly surge and VanEck's ETF filing boost investor confidence as price targets $30 with rebounding DeFi ecosystem activity.
Avalanche surged 16%, with TVL recovery and a potential breakout toward $30 resistance in sight.
The price of Avalanche (AVAX) is trading at the bottom of the chart as it has touched the $15 support twice.
The cryptocurrency market slipped by 1.56% in the past 24 hours on Sunday, pulling the global market cap down to $2.66 trillion as major assets saw mixed performance. Altcoins Diverge as Trading Volume Declines This week in crypto markets, bitcoin ( BTC) maintained its dominance, trading at $83,781 with a slight 1.
Avalanche (AVAX) is carving a niche as a blockchain network with boundless scalability but one expert is highlighting its real-world use case in finance. Crypto expert Olivia Vande Woude says Avalanche will change the landscape for traditional finance as we know it.
Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000.Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin.
Balancer has deployed its v3 protocol on Avalanche, marking another expansion into one of the fastest-growing DeFi ecosystems.
The SEC is set to list the VanEck Avalanche Trust, a new spot ETF. It would give investors exposure to the AVAX token without needing to buy or store it directly.