Avalanche price just pulled off a move that’s hard to ignore. According to analyst Gordon, the token not only recovered from yesterday’s sharp drop but also pushed beyond where it stood before the pullback.
He points out that this kind of swift reversal isn’t typical of a bear market. Instead, it’s the kind of price action you usually see when momentum is building for a bigger rally. For traders, the speed of this recovery is a strong sign that bullish energy is still alive and well.
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AVAX Price Testing a Key Resistance Zone
GandalfCrypto adds another important layer to the story. He notes that the Avalanche price is pressing on a major breakout zone, testing a long-term diagonal resistance trendline that has kept the price contained for months.
What makes this level even more critical is that it aligns with the Coinbase ICO/TGE anchored VWAP, a measure that tracks volume-weighted average prices since Avalanche’s earliest trading days.
A clean break above this point, he explains, would officially end a multi-year downtrend and mark the start of a fresh bullish phase.
Avalanche Price Momentum Building Beneath the Surface
The charts support these observations. Every day candles are showing AVAX shedding each pullback and going up steadily, with the monthly chart showing a sustained squeeze between reducing resistance and rising support.
The volume of trading has increased with each up leg, which implies larger participants entering the market. This combination of rising interest and technical strength suggests that AVAX price is not just bouncing, it’s gathering the kind of momentum that fuels long, sustained uptrends.
Here’s What to Watch Next
For now, the market is watching whether AVAX price can confirm a breakout with a strong close above this resistance zone.
If that happens, analysts note it will position the opportunity for a move to the mid-$40s and beyond, levels not seen in over a year.
Of course, cryptocurrency markets can be unstable, and anything can occur. But with experts highlighting rapid recoveries, key trendline tests, and strong volume, Avalanche is showing all the early signs of a multi-year breakout in the making.
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