AvalancheUpdate

#AvalancheUpdate #Toncoin
Main Points:
AVAX Down 38% in 2025: Bounce Holds Above $20.50 Only
Toncoin advances with regular swings: now a decisive extension is needed

The crypto market has increased volatility in recent days and in no particular order many tokens have been affected, with Avalanche however slowing down its climb while Toncoin remains buoyant.
Avalanche: Watch Out for Reversal Signals
The price trend of Avalanche (AVAX) is going through a series of swings in up and down. Currently, AVAX is quoted at $21.87 and has grown by 5.15 since the beginning of June. However, it is in retracement compared to the maximum reached in May at $26.85. The decline, at the current value, records a -18%. This downward movement has particularly influenced from the middle of May of days as can be observed from the daily chart . In fact, the price of AVAX has lost all the gains of May going to close the month at -0.54%.

Since the beginning of 2025, Avalanche has recorded a 38% decline, which places it among the worst cryptocurrencies in the Top 20. This bearish phase can be observed on the daily chart . At the beginning of June, AVAX broke the support in the $20.70 area and recorded a minimum at $18.50 from where it is rebounding.
Avalanche below resistance with doji
Yesterday's candle close was a doji. This is one of the indecision candles, but when it forms on a top of an uptrend it is one of the reversal patterns. The price of Avalanche is also in contact with the resistance in the €22.70 area. The support level to hold is $20.50.
Toncoin indecision on resistance
The price of Toncoin (TON) is in a phase of a generally bullish trend. The price of TON is quoted at $3.24 and on the daily chart you can see the swing phase of the last month. However, it is recording a series of growing highs. In June it recorded a +4.20% while since the beginning of the year the rsso is 40%.

The price has been rising for a few days and yesterday it broke the resistance in the $3.30 area. However, it is still struggling at the level. The next step is an extension towards the $3.65 area. TON support passes at the $3.13 level.
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AVAX, June 3, 2025. Short-term analysis (1–3 days) with weekly context.
Avalanche ($AVAX ) is currently trading around $21.22, exhibiting a tight consolidation pattern. The price action suggests a potential breakout or breakdown, depending on upcoming market movements.
Market Structure and Technical Overview
After a period of consolidation, AVAX has been hovering between $20.00 and $22.50. The price is facing resistance at $22.50 and support at $20.00.
Key levels:
Resistance: $22.50 – $23.00Support: $20.00 – $19.50
Indicators:
EMA (50/100/200): The price is below the 50-day EMA, indicating short-term bearish momentum.RSI (D1): Currently at 45, suggesting neutral momentum.MACD (H4): Shows a bearish crossover, indicating potential downward movement.
Smart Money Zones and Intentions
The $22.50 – $23.00 range has been a significant area of interest, with multiple rejections in the past. A decisive break above this zone could trigger stop-loss orders from short positions, leading to increased buying pressure.
On the downside, the $20.00 – $19.50 support zone has held firm, indicating accumulation by larger players. A drop below this level might suggest a shift in market sentiment.
Institutional Flows and Market Context
ETF Inflows: Recent delays in ETF approvals have impacted market sentiment, contributing to AVAX's current price consolidation.Exchange Supply: The supply of Avalanche ($AVAX ) on exchanges remains stable, suggesting that investors are holding their positions.
Near-Term Scenarios to Monitor
If Avalanche ($AVAX ) breaks above the $22.50 – $23.00 resistance zone with strong volume, it could pave the way for a move towards $25.00 and potentially $27.00.
Conversely, if the price fails to break this resistance and falls below the $20.00 support, it may indicate a bearish trend, with the next support level around $18.50.
Conclusion
Avalanche is at a critical juncture. A breakout above $23.00 could signal a continuation of the bullish trend, while a drop below $20.00 might suggest a reversal. Monitoring these key levels and market indicators will be essential in the coming days.

#AVAX✈️ #AvalancheAVAX #EconomicAlert #Binance #AvalancheUpdate

The Avalanche network ($AVAX #AvalancheUpdate ) is set to receive its largest update to date: the 'Etna Upgrade', scheduled for December 16, 2024. This significant event aims to revolutionize the Avalanche ecosystem with key improvements, such as the introduction of dynamic fees and a new warp signature interface, designed to optimize the user experience and enhance the efficiency of the network.
Among the highlighted changes is the reduction of the minimum base fee on the C-Chain, a measure that could attract greater activity on the network and expand its adoption. These types of updates often generate significant interest in the market, increasing the utility of AVAX and possibly boosting its value.

Avalanche Gains Momentum from Bullish Market Sentiment
With increasing investor confidence and growing market adoption, the price of Avalanche (AVAX) is targeting the $70 mark. The digital asset has been gaining strength, with recent price movements indicating a significant upward trend. This surge brings AVAX closer to ranking among the top 10 cryptocurrencies by market cap. The heightened activity and renewed investor interest suggest that AVAX could see further substantial gains in the coming days.
Avalanche Approaches $70 During Rapid Rally
In November, Avalanche experienced a dramatic 100% price increase, breaking through a long-standing resistance trendline and moving closer to the $70 range.
Currently, AVAX is trading at $48.09, reflecting a 10% increase yesterday during 24 hours. Its market capitalization has grown to $19.74 billion, securing its position as the 10th largest cryptocurrency on CoinMarketCap. This growth aligns with broader market trends, as several top cryptocurrencies have seen gains despite minor market corrections.
If AVAX maintains its momentum, it could continue its ascent with minimal resistance ahead. Price predictions suggest that AVAX could soon reach $55, with the potential to hit the $70 mark by the end of December.
Key Technical Indicators Confirm Bullish Trend
Over the past week, AVAX has gained an additional 9%, solidifying its upward trajectory. Analysis of 4-hour indicators shows promising bullish momentum:
RSI (Relative Strength Index): At 64, AVAX is approaching overbought territory but still has room for potential upward movement.MACD (Moving Average Convergence Divergence): A bullish crossover indicates that the MACD line remains above the signal line, highlighting strong buying pressure.
Avalanche Engages in Government Discussions
The CEO of Avalanche revealed ongoing discussions between Ava Labs and the administration of Donald Trump. This announcement emphasizes the increasing intersection between blockchain technology and U.S. government strategies. The news has energized the Avalanche community and sparked speculation that such collaboration could further bolster AVAX’s price trajectory toward $70.
Conclusion: Avalanche Eyes $70 Target
Avalanche’s current rally underscores robust market dynamics and strategic progress. With bullish indicators and growing adoption, AVAX demonstrates significant growth potential. Investors are closely monitoring its performance, as market enthusiasm and government discussions strengthen confidence in Avalanche’s upward trajectory toward the $70 mark.

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