AVAX price has stepped back into the spotlight after spending much of August moving sideways. With price reclaiming its 200-day EMA and buyers steadily defending key support zones, momentum is beginning to tilt in favor of the bulls.
AVAX price is showing renewed strength after consolidating for most of August, with price now pushing back above several key EMA levels. Trading Aloha points out that this recovery has been supported by the 200-day EMA reclaim, a level that often separates bearish phases from bullish ones. Structurally, the tight range formation has kept the market stable, suggesting that sellers have been gradually losing control as buyers build a stronger base.
AVAX price reclaims its 200-day EMA, signaling renewed bullish momentum after weeks of consolidation. Source: Trading Aloha via X
What stands out is how this reclaim of the 200-day EMA aligns with the broader bullish shifts seen in recent weeks. Momentum indicators are beginning to tilt upward, hinting at improving conditions if AVAX can maintain its footing above the reclaimed EMAs. The current setup suggests a controlled build-up rather than an overextended move.
Building on the renewed technical strength highlighted earlier, Avalanche is now showing dominance on the capital flows front as well. Nicolas Lemaitre points out that AVAX led all chains in weekly net inflows with over $111 million entering the ecosystem. This stands in sharp contrast to outflows seen on majors like Ethereum and Solana, signaling a rotation of liquidity toward Avalanche.
Avalanche tops all chains with $111M in weekly inflows, outpacing Ethereum and Solana. Source: Nicolas Lemaitre via X
Sustained inflows of this scale often reflect growing confidence among participants, particularly when paired with a stable chart structure.
What makes this more notable is how these inflows arrive just as AVAX has reclaimed its 200-day EMA and built a higher-low base on the chart. The convergence of strong technical recovery with fresh liquidity suggests that buyers are positioning with strength.
Avalanche is currently trading at $24.54, holding steady above its short-term support band that has been tested multiple times over the past month. The higher-low formation visible on the chart reinforces the idea that buyers are stepping in on each dip, keeping the structure constructive. With the 200-day EMA reclaimed and weekly inflows showing strong capital rotation into AVAX, the foundation for an extended rally is gradually strengthening.
Avalanche’s current price is $24.54, up 0.56% in the last 24 hours. Source: Brave New Coin
Technically, the next challenge sits at the $27 resistance zone, where previous attempts have stalled. A clean move through this level would clear the way towards the psychological $30 mark, aligning with the broader bullish narrative built in recent sessions. If price can maintain support around $23 to $24 while volume continues to expand, AVAX Avalanche price could soon find itself accelerating toward that next leg higher.
The bullish backdrop for Avalanche is now being echoed beyond charts and inflows, with sentiment shifting toward a broader narrative of ecosystem expansion. Analyst Skrrt suggests that a “massive repricing” could be imminent, pointing to the steady growth in Avalanche’s ecosystem as a factor the market can’t continue to overlook.
Analyst Skrrt hints at a “massive repricing” ahead as Avalanche’s ecosystem growth fuels bullish sentiment. Source: Skrrt via X
With price holding firm above short-term supports around $24 and eyeing the $27 to $30 resistance band, the broader story of ecosystem adoption could act as the catalyst to carry AVAX into its next phase. If capital rotation continues and sentiment builds, the repricing angle highlighted by Skrrt may lead to a bullish AVAX Price Prediction.
Avalanche’s steady climb back above its 200-day EMA, coupled with strong weekly inflows, paints a constructive backdrop heading into the next phase. Short-term traders will be watching closely to see if AVAX can hold its $23 to $24 support zone while making another attempt at the $27 resistance. A breakout through that level could quickly bring the $30 target into play, which would further validate the current bullish setup.
Looking ahead, the real question for investors is whether Avalanche has the momentum and capital rotation to retest its former $50 highs later this cycle. If ecosystem growth continues and inflows remain consistent, the probability of such a move rises sharply. For now, market watchers may find value in the mid-$20 zone, while long-term holders are likely eyeing the bigger picture.
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