Avalanche (AVAX) is currently trading at $21.85, registering a 3.75% drop over the past 24 hours. The digital asset’s trading volume stands at $740.45 million, representing a 40.11% decline during the same period. Over the last week, AVAX has maintained an average price of $21.86, down by 24.34%, reflecting sustained bearish pressure across the broader crypto market.

Despite this downturn, market sentiment remains cautiously optimistic. Investors continue to monitor key support zones as the asset trades near its symmetrical triangle formation. The technical setup suggests potential breakout opportunities, should momentum return in the coming weeks.
Crypto analyst Jonathan Carter highlights that Avalanche is currently testing the lower border of a symmetrical triangle on the weekly chart. According to Carter, the 50-day moving average (MA 50) is acting as a pivotal support line. A confirmed breakout above this level could potentially activate targets at $30, $55, $80, and even $120.
Carter’s analysis implies that while short-term volatility may persist, the structural pattern on higher timeframes remains intact. Such formations typically indicate a consolidation phase before a significant directional move. For traders, this could represent a decisive period to watch for volume surges and trend confirmations.

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According to DigitalCoinPrice suggests that AVAX could approach the $48.08 mark by year-end, potentially revisiting its previous high of $146.22 if market conditions improve.
Analysts expect the coin to stabilize between $43.99 and $48.08, assuming renewed investor confidence and broader crypto recovery.
Conversely, Changelly’s projection remains more conservative, predicting AVAX will trade between $22.18 and $22.78 in October 2025, with a potential ROI of 2.6% to 7.7%. The platform anticipates an average annual price near $23.92, emphasizing gradual growth rather than rapid surges.
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