AVAX price is hovering near key support levels, with cooling indicators and renewed investor interest hinting at a potential rebound ahead.

AVAX price continues to draw attention as participants watch for signs of a potential turnaround. After weeks of consolidation and cooling momentum, the market appears to be stabilizing near critical support levels.

AVAX Short-Term Risk Bubble Turns Neutral

The latest Into The Cryptoverse chart highlights Avalanche’s short-term bubble risk indicator turning neutral after cooling off from overheated levels. Historically, such resets have preceded attractive re-entry zones for long-term investors. The indicator’s drop below the 1.0 threshold shows that AVAX is regaining stability after extended volatility, suggesting that accumulation opportunities could soon appear.

AVAX price short-term risk bubble indicator cools to neutral, signaling potential re-entry opportunities ahead. Source: Into The Cryptoverse via X

If sentiment continues to stabilize, AVAX price might be setting the stage for a fresh rebound phase similar to previous cycle bottoms. A sustained recovery from here could open a path towards reclaiming the mid-range resistance near $25 to $27, confirming early strength.

AVAX Price Undervaluation Narrative Strengthens

According to Modern Day Investing, AVAX price remains severely undervalued near $20, aligning with its historical accumulation ranges. Technically, this region also matches prior demand zones seen in 2023 and 2024, reinforcing its long-term value potential.

Avalanche trades near key accumulation levels, signaling strong long-term value potential. Source: Modern Day Investing via X

A recovery above $24 to $25 would begin confirming a short-term reversal structure. While volatility persists, the broader setup continues to show AVAX trading below intrinsic value levels that once fueled major rallies. If market conditions improve, this undervalued range could become a launchpad for a multi-week recovery move.

Short-Term Technicals Show Bearish Momentum

Recent market action shows AVAX price slipping below both the 20-week SMA and the mid-Bollinger Band, signaling that near-term momentum remains soft. The price is now testing the $19 to $20 zone, which serves as the last major support before the $15 level that Pete highlighted.

AVAX slips below key moving averages, with bears testing critical support near the $19–$20 zone. Source: Pete via X

If AVAX Avalanche price revisits the lower Bollinger Band near $15, it could mark the final stage of the current corrective leg. A close back above $25 to $26, however, would suggest that selling pressure is fading and buyers are starting to reenter. For now, participants remain cautious, watching whether the weekly candle can close back within the Bollinger mid-band range.

AVAX Technical Analysis

AVAX recently broke below its $20.72 support but managed to hold without further heavy losses. The chart from EmilioBojan shows a wide range between $14-$23, where the token has been consolidating for several weeks.

Avalanche continues consolidating between $14 and $23, with bulls aiming to reclaim momentum above $24. Source: EmilioBojan via X

Upside recovery targets sit at $28.5, $31.5, and $34.7, whereas a failure to defend $18 to $20 could open a decline towards $12 to $14. While structure remains under pressure, a reclaim of $24 could quickly tilt momentum back in favor of bulls. For now, participants are watching whether this consolidation matures into a base for the next upward push.

AVAX Price Prediction: Falling Wedge Could Signal Reversal

AVAX price is currently trading within a falling wedge pattern, a structure often seen before major reversals. CryptoPulse’s 2-week chart highlights potential downside retests near $14, aligning with the wedge’s lower boundary.

Avalanche trades within a falling wedge pattern, hinting at a potential bullish reversal towards $30–$35. Source: CryptoPulse via X

If AVAX price bounces from that zone, targets towards $28 to $30 and eventually $35+ become achievable. Once the wedge breakout confirms, bulls could regain control, turning what’s now a correction into the early stage of a new rally phase.

Final Thoughts: Avalanche Approaching a Crucial Turning Point

Despite near-term weakness, AVAX price is entering a region where both technicals and fundamentals align in favor of recovery. Oversold conditions, undervaluation signals, and wedge support near $14 to $15 all point toward a possible accumulation phase forming.

If the broader market steadies and Avalanche holds above its key demand zones, the next rally could reestablish bullish dominance, with mid-term targets gradually shifting back towards $28 to $35. A confirmed breakout above $30 would likely reignite a bullish AVAX Price Prediction.