AVAX crypto is back in motion after weeks of sideways chop, breaking through a key resistance that had kept price action trapped. Participants are now eyeing the recent surge as the beginning of a fresh momentum phase, supported by rising volume and improving sentiment across the board.
Avalanche’s current price is $19.71, up 1.66% in the last 24 hours. Source: Brave New Coin
AVAX crypto is showing renewed strength, reclaiming momentum after days of tight consolidation. The 4-hour chart indicates a clean breakout above $20, a level that had previously capped upside attempts. D2Handler’s observation reflects a strong surge in buying interest, supported by rising volume and a solid candle close above short-term EMAs. This move marks a potential shift in near-term market structure towards bullish continuation.
AVAX breaks above key resistance at $20, signaling renewed bullish momentum after weeks of consolidation. Source: D2Handler via X
If bulls sustain the move above $20 to $20.50, the next immediate resistance levels appear at $22.3 and $23.6. Holding above $19.5 on pullbacks would confirm structural integrity and open the path for a drive towards $25 to $26 in the sessions ahead. The technical setup now leans decisively in favor of momentum traders eyeing short-term gains.
Data from RebornAli3N highlights that a 10% price move in AVAX could liquidate over $40 million in short positions, a setup that often precedes explosive upside extensions. The cumulative short liquidation leverage is clustered between $21.2 to $22.1, implying that even a small upward push could trigger a cascade of buy orders as short traders are forced to cover.
Over $40 million in short positions sit between $21.2 and $22.1. Source: RebornAli3N via X
With open interest rising and volume expansion backing the move, the current structure suggests increasing momentum pressure. If price clears the liquidation zone around $22, AVAX crypto could quickly rally towards $25 to $27, fueled by forced exits.
Price action continues to show an ascending channel structure, with AVAX consistently printing higher lows since bottoming near $18.50. The retests along the trendline have been shallow, reflecting a market that’s gradually rotating back into strength. Dckdck’s chart suggests that as long as price holds above the $19.8 to $20.0 support band, the bullish continuation setup remains intact.
AVAX maintains its ascending channel, with participants eyeing a breakout above $22.5 that could propel price towards the $30 mark. Source: dckdck via X
A breakout above $22.5 would confirm this ascending trendline move and potentially trigger a measured leg towards $28–$30. Momentum indicators such as RSI and MACD both support the view of a strengthening bullish bias, and with fresh inflows showing up across exchanges, the move could extend rapidly once resistance levels are breached.
The long-term chart shared by Dr. emi shows a massive ascending triangle pattern forming since early 2023, suggesting accumulation near a macro breakout point. This triangle’s horizontal resistance lies around $22, aligning with multiple failed rejections in prior months. Once this ceiling breaks decisively, historical fractals indicate the potential for sharp expansions, similar to previous Avalanche market cycles.
Avalanche’s long-term chart reveals a massive ascending triangle. Source: Dr. emi via X
If confirmed, Fibonacci extensions place mid-range targets at $50 to $60, with higher cycle projections extending towards $120 to $180. These zones mirror the magnet-like reaction points from prior rallies, where large institutions tend to re-enter. For long-term participants, the structure implies that the current phase may represent a multi-quarter base before a significant macro rally.
AVAX crypto structure is now showing one of the cleanest transitions from accumulation to expansion among top altcoins. The short-term range between $19.5 to $22 remains pivotal, maintaining support here would confirm strength and pave the way for a broader push towards $25 to $30.
If the rally extends with volume confirmation, higher timeframe levels such as $38, $54, and $72 could come into play during the next wave. The key lies in sustaining higher lows and avoiding deep pullbacks below $19. With bullish sentiment and liquidity alignment favoring continuation, AVAX’s trend momentum appears ready for another significant breakout leg.
