Avalanche strengthens above weekly Ichimoku support but faces technical headwinds below the MA-50

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Avalanche rises 2.59% this week

Highlights

AVAX is trading at $9.08, just above its MA-20 at $9.01 but significantly below the MA-50 at $10.67 and MA-200 at $17.88, reflecting ongoing medium- and long-term selling pressure.
Momentum indicators are mixed, with the daily MACD and RSI in sell mode, a high ADX favoring sellers, and Stochastic RSI overbought, suggesting uncertainty and fading intraday strength despite a recent 6.9% gain.
Key technical range for the next 5 days is $8.00–$10.90, with low probability of a price increase and $8.95 support critical for avoiding a retest of $8.00.

Increased market access this week as Saudi Arabia guide launches

A newly released guide now makes it easier for users in Saudi Arabia to buy Avalanche with a credit card. This resource offers step-by-step instructions alongside video content targeted at beginners to help them access AVAX and other cryptocurrencies safely using credit card transactions. Increased accessibility in key markets remains an ongoing development for the network.

Bearish signals persist on weekly chart despite mild recovery

On the weekly chart, AVAX holds slightly above its MA-20 while staying below both the MA-50 and MA-200, highlighting persistent bearish pressure despite some recovery attempts. Weekly support is established at the Ichimoku Kijun level of $8.95, with notable resistance located at $10.67. The weekly RSI remains in sell territory, and major weekly indicators such as the MACD and ADX continue to signal trend strength favoring sellers, although recent oscillators point to a possible pause in downside momentum.

Range-bound outlook likely next week unless key levels break

For the next 5–7 trading days, AVAX is expected to consolidate between support at $8.95 and resistance at $10.67, with a projected range of $8.00–$10.90. All major weekly technical indicators remain bearish, suggesting less than a 20% chance of a short-term price increase. Continued consolidation is likely unless clear momentum emerges; a sustained break above $10.67 could trigger renewed buying, while a drop below $8.95 would turn focus toward the $8.00 support level.

Previously it was reported that Avalanche is stabilizing above short-term moving averages but remains under sustained medium- and long-term selling pressure, with mixed technical signals as momentum (MACD, ADX) stays negative and oscillators (RSI, StochRSI) offer limited near-term bullish cues. Immediate support is identified at $8.95, while the likelihood of further declines persists barring a decisive break above resistance, keeping the short-term outlook neutral within a defined trading range.

Source of Data: AVAX Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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