Avalanche is showing signs of a potential breakout, with key support, bullish patterns, and strong staking activity pointing to a possible trend shift ahead.
AVAX Avalanche price is starting to catch the attention. Market participants are pointing to a classic Wyckoff accumulation structure playing out, hinting that AVAX may be preparing for a bigger move. With price reclaiming key levels and on-chain data showing strong support, the pieces are slowly coming together. If momentum holds, this could be the early setup for a trend shift.
Avalanche’s current price is $18.02, up 0.69% in the last 24 hours. Source: Brave New Coin
AVAX Technical Structure Suggests a Shift
Crypto analyst The Great Mattsby has highlighted a classic Wyckoff accumulation model unfolding on Avalanche’s 2-day chart. The analyst points to clear signs of the final “Test” phase playing out after the Spring, with price action aligning closely with the schematic’s blueprint. If this structure holds, AVAX could be on the verge of transitioning into the next phase, which is where strength is likely to return.
Avalanche forms a textbook Wyckoff accumulation pattern, signaling a potential bullish phase ahead. Source: The Great Mattsby via X
Technically, the range between $15 and $17 has acted as solid support, forming the lower bound of the accumulation zone. Price is now testing prior breakdown levels, and any move back above $22 would start to validate the reversal.
Avalanche Price Prediction Eyes 2024 Fractal Repeat
Following the Wyckoff structure, which hinted at a potential phase shift for AVAX, a second key signal is now surfacing, this time from historical price action. According to TrendFi, AVAX is shaping a near-identical setup to its November 2024 low. That pattern led to a 150% rally, and the current structure is mirroring it almost.
AVAX mirrors its November 2024 fractal. Source: TrendFi via X
The chart shows a range-bound region with compressed volatility. RSI is beginning to tick upward, and the price is approaching a squeeze point. If this fractal does repeat, a breakout above $22 could open the door to $35 and beyond, retracing the same path AVAX carved out late last year.
AVAX On-Chain Shows 50% Supply is Staked
Following the technical signals flashing potential upside for AVAX, the on-chain picture is starting to confirm strong backing from network participants. Over 50% of all AVAX tokens are now staked, according to data shared by Token Relations. Even more notably, 80% of that staked AVAX is held directly by validators, showing significant trust built up by core contributors to the Avalanche ecosystem.
Over 50% of AVAX is staked, with 80% of that held by validators, pointing to trust in the network. Source: Token Relations via X
That level of commitment suggests two things: a reduced circulating supply and strong confidence in the protocol’s long-term outlook. With price attempting to reclaim structure around the $20 to $22 zone, and staking pressure keeping tokens off the market, the setup favors a bullish outlook.
New Liquidity Flow Expected
Fresh off the back of technical and on-chain bullish signals, Avalanche (AVAX) now appears to be attracting new liquidity through cross-chain bridging. Shared by agentboff, early signs point to capital inflows making their way to the AVAX ecosystem. While details remain limited, but this potential news has gotten the AVAX community excited. If liquidity flow intensifies, it could add fuel to AVAX’s emerging momentum and validate the structural setup forming on the charts.
Avalanche Technical Analysis
Amid rising interest in Avalanche from both technical setups and on-chain trends, a broader weekly pattern is taking shape as well. Analyst Crypto_Scient has outlined a symmetrical triangle forming on the weekly timeframe, with support aligning near $17.3. This level marks a strong weekly low and sits right at the edge of structural support.
A symmetrical triangle on AVAX’s weekly chart signals potential for a strong breakout if support near $17.3 holds. Source: Crypto_Scient via X
The triangle structure reflects AVAX’s multi-month consolidation range, with lower highs compressing into rising support. If price revisits the $17.3 area and holds, it could serve as a key trigger for trend continuation. AVAX Avalanche price is likely to head towards $38 if the $17.3 support level holds.
Final Thoughts
Avalanche’s technical structure, fractal repetition, and on-chain metrics are lining up in a way that’s hard to ignore. With over half the supply staked and price reclaiming key levels, Avalanche looks primed for a potential shift.
