Expert Says Avalanche (AVAX) Price Recovery Is Building – Here’s What the Chart Reveals

Avalanche price has been quietly grinding higher, and traders are starting to pay attention again. After weeks of sideways movement, AVAX is now showing signs of life and building momentum toward a potential breakout. 

The price action has tightened up, and with analysts like World of Charts pointing to a possible recovery rally, the community is asking the big question: is this finally the moment AVAX regains its strength?

What the Chart Is Showing

Looking at the chart, AVAX price has been battling a major horizontal resistance zone for months. This blue band on the chart has acted as a ceiling, capping every attempt at a breakout. 

But this time feels different. AVAX has pushed right up against that level again, and the chart shows a clear breakout setup forming. If bulls can close above this zone, it could unlock the path to higher levels.

The pattern also reveals a healthy structure of higher lows building since June, which signals buyers are stepping in earlier each time Avalanche price dips. That’s the kind of base-building behavior traders want to see before a bigger move.

Image Source: X/Worldofcharts

Why Traders Are Watching Closely

The idea here is simple: once that resistance band is cleared, the next leg of the recovery could begin. World of Charts highlights that a clean breakout could fuel a strong rally, with momentum carrying AVAX price back toward its mid-range targets. 

Traders know that once sentiment flips bullish, moves can accelerate quickly, especially for a token like AVAX that has a history of sharp recoveries.

Read Also: Warning Signs Flash for XRP Price

The Bigger Picture for AVAX

What makes this setup interesting is that it’s not just technicals. The general market scenario is cooling down, and altcoins are beginning to attract interest once again after recent Bitcoin dominance.

Avalanche’s ecosystem continues to witness steady growth, which is another element of faith for long-term investors.

For now, it’s all about that key resistance zone. If AVAX price can break through, it could confirm the recovery narrative that many traders are already anticipating. On the flip side, if the level rejects price again, bulls will need to defend recent support levels to keep momentum alive.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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