AVAX Price has been on a rollercoaster ride over the past day, bouncing between key support and resistance levels as traders look for direction. After a strong early push, the momentum faded near $22.40, leading to a pullback and choppy sideways action. With price hovering in a tight range, all eyes are on whether bulls can reclaim control or if sellers will drag it back to support. Let’s break down the price action and what could come next.
AVAX Price Analysis of 29th April, 2025
The AVAX price action on a 5-minute chart on April 28 shows price initially extending a bearish sentiment from the prior day’s downtrend, slipping toward the $20.80 mark in the early hours. However, sentiment reversed around 01:30 UTC as bulls entered strongly, initiating a steep upward channel. This move was supported by a golden cross on the MACD and RSI climbing out of oversold territory into the 60–70 band. AVAX Prices surged past $21.80 and tested the critical resistance near $22.40 by 08:15 UTC. Although this marked a new intraday high, multiple rejections at this resistance suggested fading bullish momentum.
Chart 1, Analyzed by Alokkp0608, published on April 29th, 2025.
Between 09:00 UTC and 12:00 UTC, Avalanche token attempted to consolidate above $22.20 but failed to establish a clean AVAX breakout. RSI remained in the overbought zone for most of this stretch, while the MACD histogram showed slowing bullish momentum, indicating exhaustion. A quick shift in sentiment saw AVAX price break into a descending channel from around 11:45 UTC, where selling pressure intensified. Price declined steadily toward the $21.30 support by 16:15 UTC, with MACD printing a bearish crossover and RSI dropping into the 35–40 range, underscoring increased bearish control.
Between 16:15 UTC and 21:00 UTC, Avalanche token attempted a rebound off the $21.30 support, moving toward $22.10. This recovery was fueled by a bounce in RSI from near-oversold territory and a mild golden cross forming on the MACD. Still, the upside lacked conviction as volume remained low and candles showed frequent upper wicks, reflecting persistent sell-side liquidity. At $22.10, sellers regained momentum, capping further upside. This price point became a near-term range top, with lower highs starting to form.
AVAX Price Outlook: What’s Next for Avalanche Token?
From 21:00 UTC through April 29, the Avalanche token entered a sideways trading range between $22.10 and $21.65. RSI hovered near the neutral 50 zone, and the MACD showed tight, alternating crossovers, suggesting indecision. Despite holding above the $21.65 short-term support, bullish energy remained constrained. Price fluctuates near this level, attempting to gather strength for an AVAX breakout. However, the lack of directional conviction and repeated MACD crossovers signal consolidation could persist before a decisive move materializes.
Range-Bound but Setting Up for a Break
AVAX price has been holding its ground above the $21.30–$21.65 support zone, showing signs of strength even in the face of selling pressure. The RSI hovers around neutral levels, and MACD signals remain mixed, reflecting indecision. Still, the market has rejected lower prices several times, suggesting buyers are quietly stepping in. If AVAX can push above $22.10 with solid momentum, a retest of the $22.40 resistance looks likely. On the flip side, losing $21.65 could trigger another drop toward $21.30. The setup feels calm before a potential AVAX breakout, leaning slightly bullish with room to run if momentum picks up.
Avalanche Price Analysis of May 1st, 2025
The AVAX price action on a 5-minute chart over the past 24 hours began with a sideways path inside a descending price range between $21.90 and $21.45. This sideways consolidation lasted until around 11:35 UTC on April 30. Price swings were relatively narrow, suggesting market indecision and fading bullish momentum. During this time, the RSI mainly remained neutral, while the MACD formed a death cross early in the session, hinting at bearish control ahead. A sharp drop soon followed, pushing the Avalanche price decisively lower. The early phase displayed no significant buyer support, indicating vulnerability to further downside in the following hours.
Chart 1, Analyzed by Alokkp0608, published on May 1st, 2025.
From 11:45 UTC onward, AVAX price plunged into a steep downtrend channel, falling sharply to the key support level of $20.50. This support level triggered minor buying interest, and the price began bouncing with unstable traction. Multiple MACD golden crosses appeared after the decline, indicating AVAX recovery attempts, but follow-through remained weak. The RSI dropped deep into oversold territory twice, reinforcing that the market had temporarily bottomed. However, sellers remained present, leading to frequent failed bounces near $21.00. Between 15:00 and 18:00 UTC, price action turned choppy and indecisive again, with AVAX struggling to sustain any meaningful reversal.
Slow Grind Higher with Upward Bias
During the 18:00–00:00 UTC session, AVAX price continued to experience volatile swings with a slight upward lean, forming higher lows but lacking strong breakouts. This behavior gradually became a weak ascending channel, price fluctuations between $20.75 and $21.25 indicated resistance near previous breakdown levels. MACD oscillated frequently between golden and death crosses, highlighting uncertainty and a lack of trend conviction. RSI remained mostly balanced but occasionally ticked into overbought, suggesting temporary buyer strength. Despite frequent rejection wicks, the Avalanche price showed signs of accumulation, slowly setting the stage for a stronger directional move heading into the new trading day.
Bulls Reclaim Control but Face a Key Barrier
From 00:00 UTC into the early morning of May 1, AVAX began to show more consistent bullish activity. Around 04:35 UTC, price action entered a stronger uptrend channel. Buyers pushed the token past $21.20 and approached the crucial resistance zone of $21.45. Momentum began building visibly, with a steady sequence of higher lows forming. MACD crossed bullish again and started widening, confirming trend strength. Meanwhile, RSI flirted with overbought conditions multiple times, reflecting intense but possibly overextended buying pressure. This renewed uptrend suggested bullish participants were actively defending dips, but challenges loomed at key price ceilings.
AVAX Tests Crucial Resistance at $21.45
In the most recent stretch leading up to 10:15 UTC on May 1, AVAX price surged into the $21.45 resistance zone. This level had acted as a former support before the breakdown and now posed a significant test for the bulls. The uptrend channel remained intact as the price pressed against this barrier. RSI spiked into the overbought region again, indicating buyers were in control but approaching exhaustion. MACD lines continued diverging positively, suggesting momentum still favored the upside. However, the reaction around $21.45 will determine whether the uptrend continues or a short-term rejection pushes prices back toward $21.10–$20.85.
AVAX Recovery at Key Resistance Crossroads
AVAX price trades near the critical resistance of $21.45, which may define its next significant move. If bulls manage a clean break and sustained hold above this price, the next upside target lies around $21.80. However, a rejection could send the token back toward interim supports at $21.10 and $20.85. Momentum is currently bullish, with MACD showing a wide positive crossover and RSI hovering in overbought territory, suggesting that price may push higher, but not without risk of a pullback. The coming hours will be pivotal in confirming whether this AVAX recovery has real staying power or faces rejection.
Avalanche (AVAX) Price Analysis of May 29, 2025
The Avalanche token price action today shows a clear shift from breakout momentum to a rangebound structure. Price first hovered around $23.45–$23.55 before beginning an uptrend at 00:21 UTC. The AVAX breakout above the initial resistance at $23.80 around 00:59 UTC was short-lived as the price quickly reversed. A second attempt at 01:45 UTC failed again near $23.80, setting a Lower High (LH) before retracing to $23.60. RSI reached the overbought zone twice during this stretch, and MACD printed a golden cross followed by a death cross near 01:06 UTC, signaling momentum exhaustion.
AVAX/USDT M-1 Chart, Analyzed by Alokkp0608, published on May 29th, 2025.
Between 02:20 UTC and 03:30 UTC, AVAX price entered a strong uptrend channel after another golden cross and a support bounce at $23.60. This rally led to a decisive AVAX breakout above $23.95, with the price surging to $24.28 by 03:01 UTC. The formation of Higher Highs (HH) and Higher Lows (HL) reinforced bullish sentiment. However, as the price neared the $24.35 resistance, upside momentum began fading. RSI again entered overbought territory, and consolidation began just below this key resistance. MACD remained positive but began to flatten, hinting at potential weakness.
Rejection and Steep Decline Toward Support
From 03:30 UTC to 04:50 UTC, AVAX price made another push toward the $24.28–$24.35 zone but was firmly rejected. A steep downtrend began by 04:05 UTC as a death cross appeared on the MACD, confirming bearish pressure. The price dropped sharply to $23.55, forming a clear Lower Low (LL). RSI also plunged into the oversold zone, reinforcing the strength of the selling momentum. The decline established a new support level at $23.55. This move transitioned AVAX from an uptrend into a confirmed short-term downtrend as key higher lows were breached decisively.
Sideways Chop Between Tight Levels
Between 04:50 UTC and 07:40 UTC, the AVAX price rebounded from the $23.55 support with a golden cross on MACD, but upward attempts were capped below the new $23.80 resistance. The structure flattened into a tight sideways range, with multiple failed breakout and breakdown attempts. RSI oscillated without clear conviction, staying between 42 and 53, while MACD shifted into whipsaw territory, frequent, short-lived crosses with little directional momentum. Price repeatedly tested both support ($23.55–$23.60) and resistance ($23.75–$23.80), creating a horizontal channel with no trend continuation in either direction.
Rangebound Near Resistance with Fading Momentum
AVAX price currently trades near $23.68, just below the upper edge of its short-term range. The price has tested resistance at $23.80 multiple times since 05:00 UTC but has failed to sustain any breakout. Despite minor rebounds, the momentum has faded, and the last MACD death cross at 06:30 UTC reflects a weakening bullish setup. RSI remains neutral, unable to re-enter the overbought zone. Unless AVAX decisively breaks above $23.80 with volume, the risk of another slide toward $23.55–$23.50 support remains. Traders should stay cautious of false moves in this narrowing band.
Consolidation May Lead to AVAX Breakout or Breakdown
Avalanche token remains rangebound with no clear trend into the close of this session. A breakout above $23.80 could open a path back toward $23.95 and possibly $24.20, but buyers must regain control with strong momentum. Momentum is currently neutral to fading, with RSI stuck in the midrange and MACD recently turning bearish. Support levels to watch are $23.55 and $23.45. Resistance remains firm at $23.80 and $23.95. For now, AVAX appears trapped in consolidation, and any new move will depend on volume and resolution beyond these key levels.
Avalanche (AVAX) Price Analysis of June 3, 2025
The AVAX price action today, from the start of trading to 11:00 UTC, shows a volatile intraday structure dominated by two major breakouts and several key level rejections. Price began at $21.23 and immediately surged following a golden cross on the MACD at 00:02 UTC. A bullish impulse led to a breakout above the $21.57 resistance by 01:38 UTC, peaking at $21.70 by 02:04 UTC. That move marked a Higher High (HH), but was followed quickly by a MACD death cross and overbought RSI, signaling exhaustion. Price reversed and began a steady decline, establishing a Lower High (LH) around $21.60 before testing the prior support near $21.28.
AVAX/USDT M-1 Chart, Analyzed by Alokkp0608, published on June 3rd, 2025.
Between 02:10 UTC and 04:04 UTC, Avalanche token trended downward, forming a Lower Low (LL) near $21.22 before breaking below support at $21.28. RSI dipped into oversold territory twice during this stretch, confirming bearish momentum. Price hit a local floor near $21.12 by 04:41 UTC, which became the new short-term support. A golden cross at 04:43 UTC on the MACD hinted at a recovery attempt. From there, AVAX staged a bounce and entered a clear ascending channel. This short rally maintained Higher Lows (HLs), building a bullish structure toward the next resistance level.
Failed Breakout and Rejection Pattern
Between 05:00 UTC and 07:20 UTC, AVAX price tested the $21.38 resistance zone multiple times. The first breakout attempt at 05:57 UTC lacked momentum, but the second at 06:40 UTC briefly held above $21.38 before the price got rejected again. A MACD death cross at 06:02 UTC and an overbought RSI near 07:00 UTC flagged weakening strength. Price reversed sharply from a Lower High and began forming another descending channel. The repeated failure to hold above $21.38 solidified it as a key resistance level, while the rising support zone between $21.12 and $21.15 remained active as a pivot for intraday swings.
By 07:20 UTC to 09:30 UTC, the bearish pullback intensified, dragging AVAX back to the $21.12–$21.15 zone, which was retested and held. This period saw more consistent Lower Highs, indicating growing seller control. A golden cross at 08:24 UTC offered some relief, but follow-through was limited. RSI also snapped back from oversold to neutral, but not enough to confirm a bullish reversal. The price action hugged support tightly without convincing strength, suggesting that bulls lacked the conviction to retest upper resistances again in the short term.
Consolidation Below Resistance Near $21.30
From 09:30 UTC to the close at 11:00 UTC, AVAX price traded in a narrow sideways range, hovering between the $21.12 support and $21.30 resistance. Price tried testing the resistance zone but consistently failed to break through or build momentum. MACD gave another death cross at 09:51 UTC, reinforcing weak momentum. RSI bounced mildly but remained below overbought, suggesting consolidation rather than an imminent rally. The market structure showed a coiling pattern, with tighter HLs but failure to make HHs, highlighting hesitation and short-term indecision among traders ahead of the next directional move.
AVAX Price Stuck Between Support and Resistance With Fading Volatility
Avalanche token currently trades in a constricted range with $21.12–$21.15 as support and $21.30–$21.38 as resistance. Momentum appears neutral to fading as volatility declines and indicators flash mixed signals. RSI is recovering toward midline levels after brief oversold dips, while MACD has flattened out following the last death cross. Unless AVAX breaks decisively above $21.38, upside potential remains capped. A drop below $21.12 could trigger further selling. Short-term projection leans toward consolidation with a mild bearish bias unless a fresh MACD golden cross or RSI spike confirms renewed buying strength.
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