Avalanche AVAX gains 1.7% as it tests $21.47 resistance

Avalanche (AVAX) is currently navigating a critical juncture in its price trajectory, with the token's ability to maintain its bullish momentum hinging on its performance above the $20.00 mark. The token has recently rebounded from a June low of $16.60, indicating short-term strength and rising demand. This recovery has positioned AVAX near the resistance level of $21.19, with the token currently priced at $21.47, reflecting a 1.7% increase in the past 24 hours.

The token's near-term price behavior has been characterized by responsive demand, particularly after its recovery from sub-$17.00 levels in July. However, any move below the $20.25 support level could potentially change the trend, as this zone aligns with previous breakdown points and suggests it could provide a technical floor. Buyers have been active around this region, contributing to the sustained recovery seen over recent weeks.

The $26.00 level remains a crucial barrier for AVAX, as it represents the channel’s upper boundary and the nearest high-timeframe resistance. Price history shows consistent rejection from this range in April and June, establishing it as a strong resistance level. Until this ceiling is broken, price action is expected to consolidate below. The long-term trend shows alternating pressure, with bulls and bears responding to key breakout zones.

Intraday price movement reflects growing interest, as the 24-hour range holds steady between $20.25 and $21.19. Additionally, AVAX has climbed 1.7% against Bitcoin and 0.1% versus Ethereum. This strength, however, must be sustained with follow-through volume. The uptrend is supported by the most recent higher low, which formed after touching $16.60. Traders continue to monitor whether AVAX can reclaim the upper channel, with attention now fixed on the $26.00 resistance area.

Technically, the token must remain above the $20.00 price level to maintain bullish momentum. According to market structure, the token must hold above the $20.00 mark to maintain bullish pressure. The near-term price behavior continues to reflect responsive demand, particularly after the July recovery from sub-$17.00 levels. However, any move below $20.25 support could change the trend.