Key control
A possible rally will only be possible if Avax closes the daily candle above the level of $ 26.75. However, as profits increase, Altcoin’s concentration could be in danger.
After multiple rejections since the beginning of 2025, Avalanche [AVAX] Finally he has cleared his long -awaited obstacle, hinting at a possible investment. This occurs after the Token rose 4.5% in the last 24 hours.
At the time of publication, Avax quoted near the level of $ 26.75, with a strong participation of merchants and investors. Coinmarketcap data showed that the AVAX 24 -hour negotiation volume increased 50% in the last 24 hours.
The growing commercial volume, together with the violation of prices of a key level, shows a strong upward impulse in the asset and suggests a strong interest of cryptography enthusiasts.
Mapping of the next levels of Avalanche
Ambcrypto’s technical analysis found that Avax’s daily candle has left the key resistance level at $ 26.60.
This rupture occurs after eight rejections since January 2025, which has now opened the way for a massive price increase.
Source: TrainingView
The current price action suggests That rupture of Avax can only be validated if the daily candle closes above the level of $ 26.75.
If this happens, there is a great possibility that the asset can obtain a 20%rising impulse, which pushes the price towards $ 32. If failure, the story can be repeated and the price could face a downward impulse.
In the press hour, the average directional index (ADX) in the table had a value of 15, which suggests that Avax was in a weak trend. Usually, when such value appears in the table during a break or breakdown, it fails.
Chain data suggestions of mixed signals
Investors seemed to be reserving profits like Avax Rose. Chain analysis tool coinglass revealed that more than $ 4.86 million in AVAX had moved to exchanges in the last 24 hours.
This constant entry of assets in exchanges hinted at a potential dump and can slow down the asset impulse.
Source: Canderlasss
On the other hand, merchants seemed to follow the current trend by betting strongly in long positions.
At the time of publication, the main levels of Liquidation of AVax were $ 25.48 on the lower side and $ 27.36 on the upper side.
Source: Canderlasss
At these levels, merchants have built $ 23.75 million in long positions and $ 6.87 million in short positions, which made it clear that the bulls are dominating the asset.
