Here’s why Avalanche is surging (January 2)

Here’s why Avalanche is surging (January 2)
AVAX Surges 10.99% to $13.61 Today

Avalanche (AVAX) is currently trading at $13.61, above both the MA-20 at $12.41 and MA-50 at $13.45, but well below the MA-200 at $20.76. This setup signals ongoing bullish momentum in the short to medium term, while the longer-term outlook remains bearish.

AVAX price prediction
24H 4.6%
$6.59
48H 4.44%
$6.58
7D -5.24%
$5.97
1M -48.25%
$3.26
3M -41.75%
$3.67
6M -17.78%
$5.18
12M -40%
$3.78
Current price: $ 6.3 0.15 2.42%
Real-time Data 13:21
Daily range 6.2 Arrow from to Icon 6.34
Weekly range 5.68 Arrow from to Icon 7.08
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Highlights

  • Bitwise Asset Management filed with the SEC on December 30, 2025, to launch 11 new altcoin ETFs, including one for AVAX.
  • If approved, these ETFs would offer institutional investors regulated access to a broader spectrum of digital assets, expanding their investment options.
  • The filing signals growing efforts to mainstream crypto assets such as AVAX through regulated investment vehicles, potentially boosting liquidity and legitimacy.

Potential for increased AVAX liquidity as ETF filings target mainstream adoption

Bitwise Asset Management has filed for SEC approval to launch 11 new altcoin ETFs, including AVAX. If these ETFs receive approval, institutional investors would gain regulated access to a broader range of digital assets, potentially increasing liquidity and legitimacy for AVAX. This filing on December 30, 2025, underscores a growing effort to mainstream crypto assets through regulated investment vehicles.

Anton Kharitonov, expert at Traders Union, views the AVAX setup as technically unfavorable in the longer term. He notes the price remains well below the MA-200, and selling momentum on ADX and MACD exposes underlying fragility. Overbought oscillators point to short-term excess and vulnerability to sharp corrections. Kharitonov is skeptical about the ETF news making a difference given entrenched bearish weekly signals. "Despite recent enthusiasm and ETF headlines, I see limited upside while the dominant trend remains negative and key support sits at $13.05," he asserts.

Viktoras Karapetjanc, expert at Traders Union, highlights the transformative potential behind Bitwise's altcoin ETF initiative. He sees regulated investment access as a catalyst for mainstream adoption and improved liquidity for AVAX. Karapetjanc remains constructive, emphasizing that the bullish structure on shorter time frames creates multiple setups for proactive investors. "With ETF momentum and regulated access advancing, I expect AVAX to attract new institutional flows and further growth opportunities," he says.

Overbought oscillators clash with bearish momentum during intraday gains

Momentum readings offer mixed signals: the ADX daily signals selling pressure, and the daily MACD points to strong selling, yet RSI is neutral-bullish at 56.59, with both Stoch RSI and CCI in solid overbought territory. The BBP indicator flags a clear buyer advantage, showing intraday dominance by bulls. Awesome Oscillator remains neutral and does not reinforce the current uptrend. Today’s price action posted a notable gap up from $12.26 to $13.63, with the current price hovering close to the higher end of today’s range ($13.51 — $13.85). Intraday volatility is moderate, and the session reflects persistent strength toward highs after the open. There is a clear divergence as strong overbought oscillator readings contradict the overall bearish momentum signals, highlighting short-term exuberance amid a longer-term downtrend.

Previously it was reported that Avalanche (AVAX) demonstrated a short-term bullish recovery by trading above the MA-20 and MA-50, while still facing broader selling pressure due to remaining well below the MA-200. Momentum signals are mixed — with daily MACD and ADX indicating continued weakness, RSI at 43.55 remaining neutral, short-term oscillators such as Stoch RSI and CCI in overbought conditions, and buyers have the upper hand intraday as price approaches dynamic resistance at MA-50 and support at the Ichimoku Kijun.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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