The post AVAX Tests 52-Week Lows as Granite Upgrade Fails to Lift Price Above $14.50 appeared on BitcoinEthereumNews.com.

Rongchai Wang
Nov 20, 2025 06:46

Avalanche’s AVAX price struggles at $14.26 despite technical upgrades, with the token testing yearly lows as bearish momentum persists across crypto markets.

Quick Take • AVAX trading at $14.26 (up 0.4% in 24h) • Granite upgrade launch coincided with 6% price decline, highlighting bearish sentiment • Price hovering near 52-week low of $14.26, testing critical support • Following broader crypto weakness as Bitcoin maintains correlation pressure Market Events Driving Avalanche Price Movement The most significant catalyst affecting AVAX price this week was the November 19 launch of the Granite upgrade, which paradoxically coincided with a 6% price decline to $13 lows. This technical milestone, featuring dynamic block times and FaceID-compatible authentication, failed to generate positive momentum as monthly losses exceeded 25%. The market’s muted response to meaningful technical developments underscores the current bearish sentiment dominating crypto markets. Despite optimized cross-chain messaging and enhanced authentication features, institutional and retail interest remains subdued, with AVAX price continuing to test support levels established earlier this month. Earlier analysis from November 18 suggested potential recovery toward the $18-25 range after finding support near $14, though this bullish thesis has yet to materialize. The November 14 breakdown below the long-defended $16 support level marked a critical technical failure that continues to weigh on sentiment. AVAX Technical Analysis: Oversold Conditions Emerge Price Action Context AVAX price currently trades below all major moving averages, with the 7-day SMA at $14.78 providing immediate resistance. The token sits 37% below its 200-day moving average of $22.62, indicating a sustained downtrend that has persisted through recent upgrade announcements. Avalanche technical analysis reveals the price is hugging the lower Bollinger Band at $13.54, with a %B position of 0.1265 suggesting severely oversold conditions. Trading volume of $49.2…

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Filed under: News - @ November 21, 2025 9:23 am