Avalanche price is trading in a tight range as market participants monitor a key resistance level. According to market expert Ali, the token is nearing an inflection point that could decide the next major move. AVAX has seen a gradual recovery since its March lows, and technical indicators suggest the possibility of a breakout, but only if one condition is met.
Ali’s analysis, posted on X, outlines that Avalanche is moving within a descending channel. He indicates that a 4-hour close above $27 would suggest a potential move toward the $43 range. Until that confirmation occurs, AVAX remains under pressure from broader downward trendlines.
What you'll learn 👉
AVAX Price Structure and Long-Term Channel
A chart published by Ali shows Avalanche trading within a descending parallel channel that has been intact since early 2024. The upper boundary now lies near $43–$46, while the lower boundary ranges between $13 and $16. The midpoint of this channel, currently near $26–$27, has acted as both resistance and support in past trading periods.
The asset peaked near $60 in early 2024 before entering a long-term bearish trend. Every rally since then has been capped by the upper line of this channel. The AVAX price structure has continued to produce lower highs and lower lows, reinforcing the strength of the current downward trajectory.
Moreover, in March 2025, AVAX reached the lower boundary of the channel near $14. Since then, the price has recovered steadily, approaching the median line once again. As of May 28, AVAX trades near $23.13, just below the $26–$27 resistance level.
Volume data remains moderate, and while there is growing interest, the price has not yet confirmed a breakout. The formation of larger candlestick bodies on the 3-day chart suggests an increase in participation, though not yet strong enough to trigger a full trend reversal.
Read Also: Here’s the Pi Network Price if Binance Lists PI Coin
Avalanche Price Key Support and Resistance Levels to Monitor
The $26–$27 range stands out as the next decision zone. A breakout above this level could shift momentum toward the upper boundary of the channel near $43. However, failure to break it may lead to renewed selling pressure.
The nearest support lies between $18 and $20, a zone that has held multiple times since early 2024. If that area fails, the lower channel near $15 may once again come into play. Traders are watching closely for a confirmed move above $27 to gauge the likelihood of any upward continuation.
Furthermore, Ali’s tweet underscores the importance of patience and technical confirmation. “Wait for a 4-hour close above the mid-boundary near $27 to confirm strength,” he stated, noting a potential move to $43 if this occurs.
The post aligns with the technical structure shown in the accompanying AVAX chart. Without a confirmed breakout, the Avalanche price remains at risk of range-bound action within its broader descending channel. The market now awaits the next move with attention centered on the $27 resistance line.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Read our recent crypto market updates, news, and technical analysis here.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
