Avalanche’s Bullish Pennant Signals Breakout: Is $19.79 the Next Stop for AVAX?
Avalanche (AVAX) is painting a textbook bullish pennant—and traders are eyeing a potential surge to $19.79. Here's why this chart pattern has the crypto crowd buzzing.
Pennants typically signal consolidation before continuation. AVAX's tight price compression suggests pent-up energy—like a coiled spring ready to snap.
Volume tells the tale. If buying pressure accelerates on the breakout, that $19.79 target becomes more than hopium. But watch the flip side: Weak volume could mean another fakeout in a market that loves rug-pulls.
Timing is everything. The pennant's apex is approaching, forcing a decision soon. Bulls want a clean break above resistance; bears will short any hesitation.
Remember: TA works until it doesn't. And in crypto? Patterns get front-run harder than a VC's seed round.
- Avalanche trading at $17.85 with signs of bullish momentum, despite broader market softness.
- Analysts forecast potential for AVAX to reclaim $39.26 by year-end, possibly nearing all-time highs.
- Grayscale’s Q3 inclusion of AVAX signals rising institutional confidence and strategic positioning.
Avalanche (AVAX) is demonstrating resilience in the face of a largely bearish cryptocurrency market. As of today, AVAX is trading at $17.85, up by 1.74%, with a 24-hour trading volume of $152.94 million, down 26.39%. Over the past week, the asset has gained 3.94%, suggesting renewed investor interest despite subdued market conditions.
According to technical analysis by crypto AI via Klondike, AVAX is forming a bullish pennant, a technical indicator often signaling continued upward momentum. The analyst suggests a potential entry at $17.64 with a stop-loss at $17.21 and a target of $19.79, offering an optimistic near-term outlook for traders. The formation of this pattern within a bearish macro-context could suggest a breakout if momentum sustains.
AVAX price prediction 2025
Outlooks for Avalanche in 2025 vary significantly among major platforms. DigitalCoinPrice presents a bullish forecast, predicting the token could revisit the $39.26 range before year-end, with possible advances toward its all-time high of $146.22.
These projections are grounded in historical movement and perceived investor sentiment, implying strong mid- to long-term upside if network fundamentals align. In contrast, Changelly’s forecast is considerably more conservative. Their June 2025 analysis suggests AVAX may hover NEAR $17.56, marginally above its current level.
The anticipated return on investment is a modest -0.1%, pointing to potential stagnation unless broader catalysts emerge. With a maximum 2025 price capped at $18.48, this viewpoint underscores a more cautious stance, shaped by market volatility and tempered expectations.
Avalanche gains institutional support from Grayscale
Grayscale Investments’ Q3 2025 portfolio update introduced Avalanche to its managed assets, a notable endorsement from one of crypto’s most influential institutional players. The inclusion reflects increasing confidence in Avalanche’s infrastructure and ongoing network activity, despite minimal recent growth in smart contract market share.
The decision is different from the ongoing exclusion of resources such as XRP and Cardano, which brings industry discussion to the Colorouscale selection method. The addition is in line with the obvious change towards commercial-scale assets, with evident institutional vitality and a clear regulatory route.
Analysts see the AVAX listing as an approval. This can improve its visibility and attraction for large -scale investors. Lido DAO (LDO) and Openness (OP) have been deleted from the dear list because of rules and growth uncertainty.
