Avalanche (AVAX) is becoming more popular in the blockchain world because of its fast and efficient technology. It can handle many transactions quickly and safely, which helps developers build apps and services that work smoothly. With more projects joining its network and new updates coming, Avalanche is becoming an important name in the future of blockchain technology.
AVAX is currently trading at $19.51, marking a modest gain of 2.69% in the past 24 hours. More notably, trading volume surged by 42.97%, hitting $258.49 million. These metrics suggest renewed trader interest as volatility begins to stir.
However, even with the daily gains AVAX is still in the red by 6.76 per cent over the last week. The market seems to be consolidating as it is trading in a symmetrical triangle pattern. With prices at the lower support many eyes are watching for a possible move, it could be a bounce or breakdown system.
AVAX testing important lower support level
In weekly charts of AVAX , the crypto analyst JohncyCrypto sees a symmetrical triangle emerging . This pattern depicts that the price is being squeezed between rising support and falling resistance which often leads to a big move after some uncertainty. At present time, AVAX is checking its lower support line.
If it bounces here price instead, it could be moving to $30, 55 and even 120. These numbers result from the measurement of triangles size plastering it forward following a breakout. While reaching $120 is possible; however, there should be a strong market momentum and outside help.
AVAX shows a cautious outlook with 3.6 percent ROI
According to Changelly, AVAX is expected to maintain its value in 2025 with the price range approximating $19.68 – $19.72. They anticipate a marginal gain of approximately 3.6%, which shows that they are conservative in nature. In June 2025, they forecast that AVAX will trade at about $18.99 indicating very little difference from the current rate system now.
Conversely, DigitalCoinPrice and some other experts are more optimistic. AVAX is thought to possibly even hit or surpass its highest price ever of $146.22 . Some are very careful with their estimate and they target prices between$39.38 and $43.05 . This wide range demonstrates that there is still plenty of ambiguity as to where the AVAX will eventually settle at.
