- AVAX faces its first major recovery test between $10 and $12.
- A weekly close above $12 could expose the $15–$19 target zone.
- Aave V4 deposits above $30 million strengthen Avalanche activity.
Avalanche price prediction remains focused on the $12 barrier after AVAX surrendered part of its recent rally. The token traded at $10.335, down 8.64%, after climbing from $6 in August. AVAX approached $12 in late September before facing a sharp rejection. Momentum is cooling, while Aave V4 deposits offer a constructive network signal.
Avalanche Price Prediction Meets Resistance Near $12
The latest Avalanche price prediction depends on support between $10 and $10.20. RSI eased to 68.01 after exceeding 80 during the surge. The drop shows cooling momentum without fully breaking the recovery structure. Resistance remains between $11.50 and $12.
Analyst Giannis Andreou called $10–$12 the first major battle near a falling trendline. He wants a weekly close above $12 and a retest that holds. Confirmation could open $15–$19 before the larger $22–$26 zone. Clearing both areas would expose $30–$35.
Andreou warned that AVAX formed a lower low beneath its 2022 bottom. That history keeps the broader trend fragile despite the bounce. A break below $10 could return AVAX to $8.50–$9.50, while deeper weakness would expose $5.80–$7.
A quick recovery could first retest $11. The setup requires confirmation because one volatile daily candle cannot establish a lasting reversal.
Aave V4 Deposits Add Support to the Avalanche Recovery
Aave reported that V4 deposits on Avalanche crossed $30 million. The milestone shows capital entering applications built on the blockchain. However, protocol deposits alone cannot confirm sustained AVAX demand.
AVAX powers the Avalanche network through transaction fees and staking. That role links token demand with application use, though the AVAX price can diverge from adoption.
Michaël van de Poppe said the rally looks small against AVAX’s broader history. He noted that the all-time high remains roughly 20 times above current levels. His comments support a longer-range Avalanche price prediction, although near-term resistance still controls the structure.
The immediate Avalanche price prediction favors consolidation while AVAX remains below $12. A weekly close above resistance would strengthen the recovery scenario and shift attention toward $15.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
