AVAX is approaching a crucial turning point, with strong network growth and rising momentum indicators hinting at a potential breakout ahead.

Despite its price lagging behind top performers, AVAX crypto continues to shine on the fundamental side. Participants see this on-chain strength as a sign that AVAX price could soon catch up, especially as momentum indicators point towards a possible trend reversal in the coming sessions.

Avalanche’s current price is $18.67, up 1.41% in the last 24 hours. Source: Brave New Coin

AVAX Crypto Fundamentals Dominating Over Price

AVAX crypto continues to showcase one of the healthiest network performances in the crypto space. RebornAli3N’s October recap highlights over 61.4 million transactions, the second-highest on record, alongside 69.8K AVAX burned, the most since December 2023. Network activity remains robust, with $13.1B in DEX volume and more than 60 million ERC20 transfers, signaling sustained on-chain demand. Such metrics show the growing ecosystem momentum and has a direct impact on the price as well.

Avalanche’s network records over 61.4 million transactions and its highest token burns since 2023. Source: RebornAli3N via X

RSI Suggests Imminent Momentum Shift

Technical indicators hint that AVAX may be gearing up for a bullish reversal. As observed in aihansu’s chart, the price currently hovers around $18 to $19, nearing a potential breakout from the descending trendline. Meanwhile, the Relative Strength Index (RSI) has rebounded from oversold levels and is curling upward, an early sign of improving momentum.

Avalanche’s RSI rebounds from oversold territory, signaling a potential momentum shift as price eyes a breakout above key resistance levels. Source: aihansu via X

If the RSI continues this trajectory, a move above $20.50 to $21.00 could confirm renewed buying pressure. The immediate resistance sits near $26.99, aligning with the previous local high. Maintaining structure above $16 would keep the bullish divergence intact, setting the stage for a possible rally towards the upper range targets over the coming week.

AVAX Price Prediction: Symmetrical Triangle Near Breakout Point

Coinbro’s macro chart depicts AVAX price forming a large symmetrical triangle after months of consolidation. Price compression has tightened, and with higher lows aligning under consistent resistance, a breakout could trigger an accelerated move towards $45, followed by $60 in the medium term.

AVAX forms a large symmetrical triangle, with participants watching the $22–$24 zone for a breakout that could ignite a rally toward $45 and beyond. Source: Coinbro via X

This setup reflects the market’s gradual transition from capitulation to fair-value repricing, with $100+ targets projected if the pattern fully resolves. A decisive breakout with strong volume would confirm the shift in sentiment, marking the potential start of Avalanche’s next major cycle. Until then, participants remain watchful of the $22 to $24 level as the breakout trigger zone.

Resistance Break Required for Trend Confirmation

AVAX price continues to trade below a well-defined horizontal resistance zone near $19.80 to $20.20, a key barrier that has capped recovery attempts for weeks. The price structure remains neutral-to-bearish until this range is decisively broken with volume confirmation.

AVAX faces stiff resistance near $20, with a confirmed breakout above this zone likely to trigger a bullish shift towards $23–$25. Source: Handle via X

However, as Handle noted, once AVAX crypto reclaims this level and sustains it, the technical bias could swiftly flip bullish. Such a breakout would open room for a retest of $23 to $25, followed by a broader structural recovery.

Final Outlook: AVAX Crypto Nears Critical Decision Point

AVAX crypto sits at a pivotal stage where technical compression meets strong on-chain growth. Network fundamentals, rising transactions, burns, and DEX activity, paint a bullish backdrop, while charts reveal clear breakout setups emerging across multiple timeframes.

If the price clears the $20 to $22 resistance, confirmation of a larger recovery trend could follow, with upside targets extending towards $27, $45, and $60 in subsequent phases. Until then, patient accumulation and monitoring key support near $16 remain essential. With both fundamentals and structure aligning, AVAX price appears ready for its next major directional move.