Updated Analysis of $AVAX – June 2025
Avalanche (AVAX) is trading around $20.40 this Wednesday, June 4, 2025, after a decline of approximately 8.5% in recent days, influenced by global economic tensions and volatility in the cryptocurrency markets.
Price Outlook for 2025
Despite the recent selling pressure, projections for the remainder of 2025 are optimistic. Forecasts indicate that AVAX could reach between $20.24 and $21.28 in June, with potential appreciation of up to 4.06%. Technical analysts note the formation of a double bottom pattern near the support level of $19.97, suggesting a possible trend reversal.
For the second half of 2025, estimates vary significantly. Some projections point to an average price of $47.07 in December, representing an increase of approximately 130% from current levels. Other more conservative analyses suggest a range between $17.7 and $91.1 for the year, highlighting the importance of the support level at $20.40.
Technical and Fundamental Indicators
Currently, technical indicators show mixed signals. The RSI (Relative Strength Index) is at 42.64, indicating a neutral condition, while the Stoch RSI suggests a possible buying opportunity. Additionally, AVAX is trading above a critical demand zone, which may signal an accumulation opportunity.
Final Considerations
Although AVAX faces short-term challenges due to macroeconomic instability, the fundamentals of the Avalanche network remain strong. The current consolidation may represent an opportunity for long-term investors who believe in the project's potential. However, it is essential to closely monitor market developments and adjust strategies as necessary.