The post Avalanche (AVAX) Price Prediction: AVAX Slips Below $12 as Bearish Structure Keeps $9 in Focus appeared on BitcoinEthereumNews.com.

Avalanche (AVAX) is slipping below key support near $12, with bearish structure and relative weakness against Bitcoin keeping downside risk towards the $9–$11 zone in focus. Avalanche is trading under renewed pressure after failing to hold the $12 handle, with price now hovering near the $11.7–$11.8 zone. The recent slide reflects a broader lack of momentum across altcoins, but AVAX stands out due to how cleanly it continues to respect its bearish structure. According to market data from Brave New Coin, AVAX Avalanche price today sits near $11.78, down over 2% in the last 24 hours. While intraday bounces have appeared, they have remained shallow, keeping traders focused on downside levels rather than early recovery signals. AVAX/BTC Pair Signals Relative Underperformance One of the clearest warnings comes from the AVAX/BTC pair. Analyst Jesse Peralta flagged the structure as weak, noting that the pair remains trapped inside a descending channel. His chart outlines a potential continuation move towards the 0.000110 BTC region if current support fails. AVAX continues to lag against Bitcoin, with the AVAX/BTC pair trapped in a descending channel and downside risk extending towards 0.000110 BTC. Source: Jesse Peralta via X This matters because relative weakness against Bitcoin often precedes deeper USD downside. When AVAX crypto cannot outperform BTC during consolidation phases, it tends to bleed more aggressively during market pullbacks. Temporary AVAX Bounces Confirm Weak Demand Umair Crypto’s analysis reinforces this bearish tone. He notes that recent support reactions have produced only minor rebounds, confirming the presence of weak demand. Price is now retesting the RSI trendline, which is acting as dynamic resistance rather than a launch point. AVAX struggles to sustain rebounds, with RSI acting as resistance and weak demand turning every bounce into a selling opportunity. Source: Umair Crypto via X A rejection at this RSI…

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Filed under: News - @ January 29, 2026 5:29 pm