Ethereum and Avalanche Square Off: Who’s Primed for a Bigger Breakout?
Two blockchain heavyweights enter the ring this week—Ethereum with its established DeFi empire, Avalanche with its speed demon reputation. Both show bullish patterns, but only one can claim the momentum crown.
Ethereum’s slow grind vs. Avalanche’s flashy pumps: The Layer 1 battle heats up as traders chase the next 20% move. Meanwhile, Wall Street still thinks ’blockchain’ is a type of ergonomic chair.
Watch ETH’s resistance levels like a hawk—break $4,200 and institutional FOMO kicks in. AVAX? Needs to hold $60 or risk becoming another ’Ethereum killer’ turned ghost chain. Place your bets.
Ethereum (ETH)
Ethereum is rallying today because it has overcome the two handles that had continually suppressed its price action for the last three months.
First is geopolitical tensions across the world and the pause of the aggressive tariff war between the US and China. Secondly, the Ethereum Pectra upgrade that had been delayed went live in the first week of the month.
The positive developments have triggered an explosive upward price correction and bullish investor sentiment toward ETH.
On the daily timeframe price chart, for example, ETH’s RSI reading has jumped from 54 last week to 75, which is a cool off from the highs of 83 two days ago. The MACD is also solidly bullish and stuck firmly in the positive territory.
The coin is now testing the critical resistance level of $2,750. A break above this level will see it explode into a run toward the next resistance level of $3,400, after which it will ascend above $4,000 and possibly a price record.
Avalanche (AVAX)
Avalanche’s surprising gains in the last week could be attributed to two key factors. First is the recovery for the broader crypto market. The second is the renewed investor optimism toward the Avalanche network.
Among the factors fueling this positive sentiment is the adoption of Avalanche by Dantawada town in India, which has digitized over 700,000 land records on the network.
The multi-billion-dollar investment fund, VanEck, added to the investor confidence in Avalanche when it launched its tokenized VanEck Treasury Fund (VBILL) on the network.
These positive developments have helped AVAX escape the two-month consolidation zone between $14 and $23. The top altcoin has also breached the $23 resistance level and may soon break into a run toward the next resistance level around $40.
Its RSI reading has jumped from 43 to around 63, while the MACD lines are rising into the positive territory.
Conclusion: Ethereum vs Avalanche?
Based on technical indicators, Ethereum has a better breakout setup as it broke out of consolidation with a more convincing uptrend and has sustained the bullish candles. Its MACD and RSI are also hugely bullish, indicating a conviction behind the move.
AVAX, on the other hand, has not had a strong follow-through of its bullish breakout of the consolidation zone. Its MACD and RSI, though bullish, aren’t as explosive, which indicates investor hesitation about its price action in the immediate future.
Buy Ethereum With The Best Crypto Exchange for Intermediate Traders and Investors
Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.
0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
Copy top-performing traders in real time, automatically.
eToro USA is registered with FINRA for securities trading.
Users worldwide
Gain Instant Access to the World’s First Blockchain Investing Research Service — Actionable Crypto Alerts, Built on 15+ Years of Market Experience
Discover market-moving insights and exclusive crypto forecasts powered by InvestingHaven’s proprietary 15-indicator methodology. Join smart investors using our premium alerts to stay ahead of the curve—before the big moves happen.
- Top Altcoin Picks in the Strongest Emerging Narrative (May 9th)
- Bitcoin’s Must-Watch Chart Structure, What It Means For Top Altcoins (May 6th)
- Charts – XRP, Theta, Uniswap, and two RWA Token Tips (April 29th)
- Juicy Opportunities Are Starting To Show Up On The Charts (April 24th)
- BTC Stronger Than Markets + 3 Key Narratives Emerging (April 20th)
- BTC: From Failed Breakdown To Breakout Attempt On April 13th (April 13th)
