- AVAX has dropped over 25% in November, slipping below $13 as regulatory pressure fuels bearish sentiment.
- Avalanche launched its Granite upgrade, adding faster blocktimes, FaceID-style authentication, and cheaper cross-chain messaging.
- AVAX remains stuck in a strong downtrend, needing a close above $16 to signal any real chance of recovery.
Avalanche hasn’t had the smoothest November… in fact, it’s been pretty rough. AVAX slipped more than 25% this month and even dipped under $13 on Nov. 19, tagging a fresh low as regulatory worries from the U.S. pushed sentiment downhill across most major crypto assets. The token dropped another 6% during the day, and with the market thinning out, those red candles kept stacking faster than buyers could catch them. Even with the turbulence, Avalanche decided to roll out one of its biggest protocol upgrades of the year, kind of like dropping a major software update in the middle of a storm.
Granite Upgrade Arrives With Sub-Second Ambitions
The new upgrade—called Granite—brings three major protocol improvements that Avalanche says will tighten up execution speeds and make UX feel way more “instant.” First up is ACP-226, which lets validators adjust block times dynamically based on network performance. The long-term vision? Sub-second confirmations that feel almost like tapping a mobile app. Then there’s ACP-204, which adds support for the same cryptographic curve used in FaceID and TouchID. Think passwordless dApp approvals, device-native authentication, and far less friction when signing transactions. And finally, ACP-181 stabilizes the validator set in short 5–10 minute epochs instead of switching every block, which cuts cross-chain messaging failures and reduces gas costs—nice boost for multi-chain builders.
Bears Still in Control as Price Action Weakens
Even with the upgrade hype, the charts aren’t handing AVAX any favors right now. On the 3-day timeframe, the price sits below all the major moving averages—the 50-day at $23.11, the 100-day at $22.44, and the 200-day way up at $27.45. All three keep sloping downward, which isn’t exactly the cheerful look bulls were hoping for. AVAX has been stuck in a six-bar descending range, down about 26.5% from early November highs, and volume has faded noticeably. Every new candle prints another lower high, putting sellers firmly in the driver’s seat while bulls keep waiting for a break that just… hasn’t shown up yet.
Key Levels to Watch: $13 Support and the $16 Breakout
Right now, the entire outlook depends on whether AVAX can hold that $13–$14 support zone. A clean close above $16 would finally offer the first real hint that momentum is shifting, maybe even opening a path back toward the $20 psychological barrier.
But if $13 fails, the chart opens up to a slide toward $12, and possibly—if things get uglier—the symbolic $10 level. With all trend metrics pointing lower, the downside still looks like the path of least resistance until buyers show they’re ready to fight for control again.
