- Avalanche just led all chains with $32.92M in net inflows, signaling renewed interest amid a quiet market.
- AVAX is testing key resistance near $19 while forming a bullish double-bottom around $17.
- ETF speculation and rising volume could fuel a breakout toward the $25–$30 range—if bulls clear resistance.
Avalanche just pulled off something impressive—topping the leaderboard in on-chain inflows, grabbing almost $33 million in just one day. In a market that’s been sluggish, with capital either sitting still or drifting away, this kind of number turns heads. It suggests someone out there—maybe a few someones—thinks AVAX has legs.
Now, to be clear, we’ve seen these moments before. But this one feels… a bit different? The scale, the timing, the lack of hype—it’s like smart money’s creeping back in while no one’s looking. That said, there’s still resistance ahead, and price hasn’t confirmed anything yet.
Price Pushing Up, But Resistance Looms
Despite the inflow buzz, AVAX is still boxed inside a falling channel. Price action is pushing up against that familiar wall between $18.60 and $19—it’s like déjà vu. Every time it gets close, it gets knocked back down. So far.
If it breaks clean above that range? Could be a game-changer. It’d snap the pattern of lower highs and maybe—just maybe—kick off a proper reversal. But until that happens, the threat of dipping back toward $16 is still real.
Wait—AVAX ETF in 2025?
Here’s where it gets spicy. Some folks, like Steven9000 over on X, are whispering about a potential AVAX spot ETF by the end of 2025. Wild? Maybe. But with the way institutions are eyeing altcoins post-Bitcoin and Ethereum ETFs, it’s not that far-fetched.
If such an ETF does land, it’d legitimize Avalanche on a whole new level. Institutional flows aren’t as dramatic as retail pumps, but they stick around longer. That stability could reshape how AVAX moves, and give it a serious demand engine under the hood.
AVAX Trying to Build a Base
Technically, AVAX is hanging around $17—a level it’s bounced off of multiple times since… forever, really. Analyst X_Four_iv pointed out a nice little double-bottom forming just above that line. If that plays out, it could fuel a push back to the $18.50–$19 resistance zone. Break that, and $25–$30’s suddenly back on the radar.
Volume’s ticking up, too. Quietly. Which is usually a good sign that the accumulation phase is doing its thing under the surface. Bulls seem to be showing up right where they need to.
Eyes on $19
All the puzzle pieces are there. Big inflows. Solid support. ETF speculation simmering. What’s missing? A clean break above $19. If that flips, we could be looking at the beginning of a longer leg up.
But let’s not get ahead of ourselves—AVAX is still stuck in the range. If it slips, $16 could come fast. So, yeah… next few candles are gonna matter.
