Avalanche (AVAX) maintains its position above $21 with positive buying momentum; however, the key is to hold the $20 level to avoid a sharp decline back to $17.
AVAX has experienced a price increase since breaking out of the accumulation phase. The balance between buying and selling power, along with technical indicators and the derivatives market, shows a positive trend but careful monitoring of key thresholds is needed to maintain the upward momentum.
MAIN CONTENT
AVAX has increased over 18% in 5 days and remains above $21 with good buying liquidity.
The derivatives market and order data demonstrate strong investor optimism.
The resistance level of $22.75 is an important breakout point; breaking below $20 could cause the price to drop to $17.
Why does AVAX maintain strong buying power when the market is volatile?
According to data from Coinalyze and MobChart, the buying force for AVAX has sharply increased with Buy Volume surpassing Sell Volume, while the number of buy orders is greater than sell orders, creating a positive gap and indicating that traders still have faith in AVAX.
Specifically, the current buy volume stands at 481,000 while sell volume is only about 430,000, resulting in a positive Buy-Sell Delta of 50,000 – this is a positive signal from the spot market.
"The strong recovery in buying volume for Avalanche cryptocurrency proves that investors still believe in the platform and the growth potential of the ecosystem."
Ali Martinez, cryptocurrency technical analyst, July 2025
How does the futures market sentiment affect AVAX?
Data from Santiment indicates that the AVAX Funding Rate has remained positive for 5 consecutive days, along with a Long/Short ratio of 3.883, showing that the majority of derivative investors expect the price to continue rising.
On average, over 79% of orders are Long, reflecting strong expectations for upward momentum and investor optimism. However, the market is also trending towards overbought, and caution is needed regarding the potential for short-term corrections.
What do experts say about the key price levels of AVAX?
Analyst Ali Martinez emphasizes that the $20 level is a crucial support point for maintaining the bullish structure. If AVAX closes below this threshold, strong selling pressure will emerge, while holding this level will open the way for higher targets around $22.75 and $24.40.
"Ensuring AVAX stays close to the $20 price level is vital for sustainable market growth, so investors will not be too concerned about sudden price reversals."
Ali Martinez, cryptocurrency market expert, July 2025
Which technical indicators are supporting the upward trend of AVAX?
Analysis data from TinTucBitcoin shows that the Stochastic RSI for AVAX has consistently remained around 99.63, indicating an overbought state but still showing trend strength. The +D1 indicator of DMI near 30 also confirms that the upward trend is being strongly supported.
If AVAX can turn the $22.75 level into support, the next target will be $24.40. Conversely, the scenario of breaking below $20.01 could pull the price back to the $17 region, especially when selling pressure increases and supporting liquidity declines.
Frequently Asked Questions
How much further can AVAX increase? Experts predict that if it maintains the $20 level, AVAX could aim for targets of $22.75 and $24.40 in the short term. Why is the $20 price level important for AVAX? The $20 level is a crucial technical support threshold that helps maintain the upward trend and limits selling pressure. How does investor sentiment in derivatives affect AVAX? More Longs than Shorts reflect positive expectations but also carry the risk of overbought leading to corrections. Based on technical indicators, what state is AVAX in? AVAX is in the overbought region, but the upward momentum remains strong according to Stochastic RSI and DMI. How has the spot market reacted to AVAX's price? The spot market has recorded superior Buy Volume, helping to maintain buying power and contributing to price stability.
Source: https://tintucbitcoin.com/avax-tang-gia-canh-giac-duoi-20-usd/
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