Avalanche (AVAX) Price Prediction: AVAX Breaks Descending Resistance as Bulls Eye a Move Towards $18
The post Avalanche (AVAX) Price Prediction: AVAX Breaks Descending Resistance as Bulls Eye a Move Towards $18 appeared on BitcoinEthereumNews.com.
AVAX is trading at a key inflection point after breaking descending resistance, with traders closely watching whether the recent momentum can extend into a sustained short-term recovery. After defending the $12–$12.50 zone, AVAX has started to show clear signs of strength, with buyers stepping in aggressively on dips. Descending Trendline Break Sparks Short-Term Momentum On the 6-hour chart shared by FLASH, AVAX has cleanly broken above a descending trendline that capped price action throughout December. This trendline had previously acted as dynamic resistance, rejecting multiple upside attempts before sellers lost control. The breakout occurred near the $13.50–$13.70 region, with price pushing toward $14 shortly after. Importantly, this move followed a strong defense of the $12.00–$12.50 demand zone, where buyers repeatedly stepped in. As long as AVAX holds above this reclaimed structure, short-term momentum remains constructive. AVAX breaks above a key descending trendline after defending the $12–$12.50 demand zone, signaling improving short-term momentum. Source: FLASH via X Key technical levels to watch: Resistance: $14.50–$15.00 Upside targets: $16.20, then $18.00 Immediate support: $13.40–$13.00 A failure to hold above the broken trendline would weaken the breakout narrative and shift focus back towards range-bound behavior. Moving Averages Flip as AVAX Reclaims 50-SMA Adding to the bullish short-term case, AVAX has reclaimed its 50-day simple moving average for the first time since early October. This reclaim often acts as a momentum filter, separating corrective bounces from genuine trend transitions. AVAX reclaims its 50-day moving average, signaling improving short-term momentum. Source: SerSigma via X Historically, AVAX has struggled below this moving average during bear phases, with repeated rejections leading to lower lows. Holding above the 50-SMA now opens the door for a test of the 100-SMA near the mid-$15 region. However, the 200-day moving average remains far overhead, reinforcing that this is still an early-stage recovery…
Filed under: News - @ January 3, 2026 8:26 pm