Avalanche USD Price & Performance (AVAXUSD)

Recent data reveals significant whale accumulation in Avalanche (AVAX), totaling nearly $90 million. Historically, such activity has preceded price rallies. Technical indicators, including a bullish MACD crossover and Chaikin Money Flow, suggest potential upward momentum. If sustained, AVAX could test $24.06 and possibly rally toward $30.12

Avalanche's price has declined by 19.85% over the past month, with sentiment remaining bearish. Technical indicators like the William Alligator and MACD show limited momentum. Analysts predict consolidation around $19, with further downside possible if support levels break.23

Avalanche (AVAX) is testing critical support near $18.50-$18.70. A breakdown could lead to further declines toward $16.80, while a rebound might push prices to $20.50-$21.00. Traders are closely monitoring for signs of a bullish reversal or continued downside.43