The price of Avalanche (AVAX) has risen to 21.82 USD, marking a slight daily decrease of 0.50%, but maintaining a positive trend compared to the previous week. The data shows a growing market capitalization, now at 9.09 billion dollars, despite a decrease in trading volume. The community sentiment remains strongly positive, with 85% of users declaring themselves bull.
Key points on the crypto Avalanche
- Current price: $21.82, with a slight daily decrease.
- Market cap: $9.09 billion (+ compared to $8.49B on April 22).
- Volume 24h decreasing: -30.5%, to $252.75 million.
- Stable community sentiment: 85% bull.
- Daily price range: $21.60 – $22.30 approximately.
- Updated technical analysis and bullish and bearish forecasts.
Avalanche: update on AVAX performance
From the last survey (April 22) to today (April 29, 2025), the price of AVAX has shown an increase of about 6.8%, rising from 20.42 USD to 21.82 USD. The weekly growth was accompanied by a progressive reduction in volatility, with price movements increasingly contained within the range of 21.50 – 22.30 USD.
This lateral phase highlights a technical battle between support and resistance, typical of market waiting periods.
Technical analysis: resistances, supports, and volumes
The daily chart shows that the price reached a peak at 22.30 USD, then underwent a slight correction. At the same time, the technical support at 21.60 USD remains solid for the moment.
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Indicators to monitor:
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- Main resistance: 22.30 USD
- Immediate support: 21.60 USD
- Critical level to the downside: 21.00 USD
- Volatility: contracting
- Volume: in sharp decline (-30% in 24h), potential signal of consolidation
The indice volume/market cap has dropped to 2.77% (from 3.67%), indicating a cooling of short-term interest.
The Avalanche ecosystem: structural growth and new integrations
Avalanche continues to position itself as one of the main Layer 1 blockchains, thanks to its multi-chain protocol and the innovative use of subnets.
Recent developments:
- Dedicated subnets: numerous gaming projects and DeFi are launching custom blockchains on Avalanche.
- DeFi Ecosystem expanding, with platforms like Benqi, Trader Joe, and Struct Finance.
- Tokenization of real assets: ongoing collaborations for the issuance of security tokens on private subnets.
- Sustainability: Avalanche presents itself as a low-energy-impact blockchain, thanks to the optimized Avalanche consensus.
An emblematic example is the participation of Avalanche in Zetachain, as indicated on the platform, which opens up new cross-chain bridges.
Bullish forecast: towards 24 USD?
In a bull scenario, a decisive break of the resistance at 22.30 USD could trigger a technical rally with the first target at 23.50 USD and potential extension towards 24.00–24.50 USD.
Factors that could push upward:
- Greater adoption of private subnets by Web2 companies.
- Recovery of the crypto markets in the post-halving of Bitcoin.
- Announcements of institutional integrations or infrastructure updates.
Bearish forecast: risk of returning to 20 USD
In case of weakening of the support at 21.60 USD, the price could return to the range of 20.50–20.00 USD. A possible drop below 21.00 USD would break the short-term structure.
Possible causes of weakness:
- Macro market pressure (FED, inflation, liquidity).
- Further decline in volumes.
- Outflows from AVAX to other ecosystems (e.g., Solana, Sui).
AVAX shows signs of consolidation in a key technical range, while the sentiment remains positive. The battle between bull and bear is now being played out between 21.60 and 22.30 USD, with potentially decisive breakouts for the trend in the coming weeks.
