Avalanche (AVAX) Accumulation Pattern Signals Potential Rally to $253

Avalanche is building momentum.

On-chain data reveals a clear accumulation pattern—wallets are loading up, not cashing out. That kind of holding behavior often precedes a major move. For AVAX, the charts now point toward a potential surge targeting the $253 level.

The Whale Watch is On

It's not retail FOMO driving this. Analysis points to strategic, large-scale buying. These players aren't in for a quick flip; they're positioning for the next leg up. When the big money moves quietly, it's usually worth paying attention.

Beyond the Hype Cycle

This isn't just speculative chatter. The technical setup aligns with the on-chain story. Key resistance levels have been absorbed, transforming former sell walls into foundations for the next rally. The path toward $253 looks less like a pipe dream and more like a plotted course.

Of course, in crypto, even the most beautiful chart can be ruined by a tweet from a billionaire or a sudden case of regulatory indigestion—because what's finance without a little unpredictable drama?

The stage is set. The accumulation is clear. All that's left is for the market to execute.

AVAX’s Macro Accumulation Setup Points to $253

However, the crypto analyst, Nehal, highlighted that Avalanche’s (AVAX) accumulation pattern in the monthly chart is evident, and it is predicting a double bottom pattern, which is commonly seen at the time of reversal in trends. The price is still dependent on the support level of $8.83-$13.02, which indicates that there is consistent buying interest.

Source: X

Looking at the macro perspective, Avalanche’s potential also lines up with liquidity goals and fundamental developments. The first level of resistance stands around $170, while a more distant outlook pushes beyond $253 through 2026. Increased institutional adoption, subnet use, and overall cross-chain functionality through AWM support this hypothesis.

Downtrend Persists with Initial Signs of Stabilization

On the weekly chart, AVAX is still in a strong downtrend and currently trading around $12.55 after making lower highs and lower lows from the $40+ level. The price is currently below the previous levels of support. There is a strong downside wick indicating that it is a case of capitulation, but the fact that there is not much follow-through buying reveals that the buyers don’t have much conviction.

Source: TradingView

The momentum indicators remain in favor of selling, though the selling momentum is showing signs of deceleration. RSI values of 35 indicate strong selling momentum, though it is still far from an oversold level, while the MACD is below the zero line with a negative histogram. The critical level of support is pegged at $10-$11, and any breach here will increase the chances of a MOVE to $7.50.

Also Read: Avalanche (AVAX) Eyes $13 After Forming Key Bullish Price Pattern