AVAX's bullish recovery targets $54, $90, and $185 as it consolidates above key support at $31, fueled by strong buyer interest.
Analysts predict AVAX could reach $126 and $243, marking potential gains of 191% and 468%, supported by solid technical patterns.
Resilient market trends position AVAX for growth in 2025, rebounding from 2022 lows with higher lows and bullish sentiment.
Avalanche (AVAX) has a 15.74% weekly surge trading at $41.48. Analysts suggest its recent recovery above critical levels, including the 200-week moving average, signals strong bullish momentum. Furthermore, technical patterns like the inverse head-and-shoulders and consolidations above $31 reinforce optimism for AVAX's upward trajectory.
Scient's Insights: Strong Foundation for Future Growth
According to Crypto analyst Scient, AVAX showcases a robust bullish setup. Notably, the cryptocurrency is consolidating above key support zones at $29.15 and $32.47. These levels historically influenced market sentiment, marking pivotal inflection points.
Source: Scient
Additionally, the 200-week exponential moving average (EMA) at $31 offers vital support, highlighting growing buyer interest. Scient predicts potential short-term corrections in January but anticipates a sharp rally in February and March. Price targets of $54 and $90 remain achievable in this bullish phase, with projections suggesting a possible extension to $185.
The asset’s recovery from its 2022 lows showcases resilience, aided by higher lows established in mid-2023. These movements signify increasing market confidence, with AVAX poised to build on its current momentum.
Javon Marks' Optimism: Upside Potential
Crypto analyst Javon Marks shows AVAX's long-term potential, projecting an ambitious price target of $126.03. A move to this level represents a potential 191% gain. Beyond this, a breakout could drive the price to $243, marking an additional 90% surge.
Marks highlights AVAX's historical patterns, noting its sharp rally in 2021, which peaked near $146. Following a prolonged bearish phase through 2022, the asset stabilized at $10, setting the stage for recovery.
By late 2023, AVAX rebounded, consolidating above resistance zones while forming a higher low. This marked the beginning of a steady uptrend, accompanied by mild retracements. Marks emphasizes key resistance levels at $178 and $334, which could shape AVAX’s trajectory through 2025.
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