Market Overview for Avalanche (AVAXUSDT)

• AVAXUSDT rose 8.8% in 24 hours, forming a bullish breakout above 23.50 with strong volume confirmation.
• Momentum accelerated in late NY hours, with RSI peaking at overbought levels and MACD showing positive divergence.
• Bollinger Bands expanded in the final 8 hours, indicating heightened volatility and potential for extended moves.
• Fibonacci levels at 24.00 and 24.63 acted as key support and resistance, with price consolidating near 24.32 at 12:00 ET.
• Volume surged in the 14:30–16:00 ET window, with a 100,000+ notional turnover spike suggesting strong institutional interest.

Avalanche (AVAXUSDT) opened at 23.04 on 2025-07-25 12:00 ET, reached a high of 24.94, a low of 22.96, and closed at 24.32 on 2025-07-26 12:00 ET. Total volume was 1,543,602.09, and total turnover was 37,896,500.79 USD over the 24-hour window.

Structure & Formations

AVAXUSDT formed a bullish breakout pattern above the 23.50 resistance level, followed by a consolidation phase near 24.32. A bullish engulfing pattern emerged around 14:30 ET, confirming the shift in sentiment. A doji at 05:00 ET indicated indecision, but buyers regained control in the following hours. Key support levels at 24.00 and 23.50 were tested and held, suggesting potential for a retracement or continuation.

Moving Averages

On the 15-minute chart, price closed above both the 20-period (24.25) and 50-period (24.18) SMAs, indicating short-term bullish momentum. On the daily chart, AVAXUSDT remains above the 50-day (23.85) and 200-day (23.40) SMAs, reinforcing the longer-term uptrend.

MACD & RSI

The MACD crossed above the zero line in the morning and remained positive, with a strong histogram peak around 15:00 ET. RSI reached 78 in the 14:45–15:00 ET window, indicating overbought conditions, though divergence between price and RSI suggests caution for further short-term gains. Momentum may pause or correct before resuming the upward trend.

Bollinger Bands

Bollinger Bands contracted during the early hours of 2025-07-26 and expanded after 08:00 ET, signaling increasing volatility. Price closed just below the upper band at 24.32, suggesting potential for a pullback toward the midline or a break above resistance.

Volume & Turnover

Volume spiked during the 14:30–16:00 ET window, with a 100,000+ notional turnover event, indicating strong buying pressure. Price and turnover aligned during the breakout, reinforcing the validity of the move. However, a divergence in the final 2 hours of the period suggests caution for near-term volatility.

Fibonacci Retracements

Key Fibonacci levels from the 22.96–24.94 swing include 24.00 (38.2%) and 24.63 (61.8%). Price tested the 24.00 level twice and consolidated near 24.32, suggesting a potential pullback to 24.00 or a test of the 24.63 resistance in the next 24 hours.

Avalanche may continue to test key resistance levels in the next 24 hours, with a probable move toward 24.63–24.80 if volume remains strong. However, a pullback to 24.00–24.20 cannot be ruled out, especially with RSI indicating overbought conditions. Investors should monitor volume divergence and Bollinger Band width for signs of a potential reversal or consolidation.