Avalanche (AVAX) Price Prediction: AVAX Eyes Breakout Above $19 With $30 Target in Sight
The post Avalanche (AVAX) Price Prediction: AVAX Eyes Breakout Above $19 With $30 Target in Sight appeared on BitcoinEthereumNews.com.
AVAX leads all chains in inflows and approaches key resistance, with price eyeing a breakout fueled by ETF buzz and strong support levels. AVAX just pulled in the highest on-chain inflows across all chains, signaling growing interest despite a quiet market. With the price nearing key resistance, momentum could shift fast. AVAX On-Chains Tops Inflows Avalanche just logged the highest net inflows across all tracked chains, pulling in $32.92 million in the last 24 hours. That’s a standout figure, especially in a market where many networks are seeing capital flight or flat activity. While the broader market tone remains cautious, AVAX’s numbers suggest a growing appetite for exposure to Avalanche’s ecosystem. Avalanche logs $32.92 million in net inflows, leading all chains amid cautious market sentiment. Source: X This isn’t the first time Avalanche has shown signs of accumulation during periods of uncertainty. What’s different this time is the scale of inflows relative to competitors. If this trend continues, AVAX could be setting the stage for a stronger move once the broader crypto market takes a recovery. AVAX Price Challenging Falling Channel Resistance Despite Avalanche leading inflows over the past 24 hours, the AVAX chart is still technically confined within a falling channel. According to Stellar Chartz, price is now approaching a key resistance area between $18.60 and $19. This zone has repeatedly acted as a cap over the past several weeks, making it a decisive level to watch. A confirmed breakout here would break the pattern of lower highs and could mark the beginning of a trend reversal. AVAX approaches key resistance at $18.60–$19 while still trading within a falling channel pattern. Source: Stellar Chartz via X The recent capital inflows suggest buyers are starting to position in anticipation of a breakout, but the price still needs to confirm it…
Filed under: News - @ July 4, 2025 11:22 pm