| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
- Avalanche (AVAX) has shown considerable price volatility, driven by speculation over a potential AVAX ETF.
- These rumors gained traction following VanEck’s application for a Solana ETF, sparking similar hopes for AVAX.
- In the past 24 hours, AVAX shot up by 10%, settling at $27.96, rebounding from a recent drop caused by the BtcTurk exchange hack.
Explore the impact of ETF rumors and technical analysis on AVAX’s recent price movements in our detailed article.
Technical Analysis of AVAX
The AVAX price trajectory is currently delineating a falling wedge pattern, typically a bullish formation that may precede upward breakouts. Despite the optimistic pattern, AVAX is trading above its 50-day Simple Moving Average (SMA) but has yet to surpass the 200-day SMA. The 14-day Relative Strength Index (RSI) recently climbed from oversold territory, now standing at 43 and aiming for the first resistance level at 60.
Potential Price Directions for AVAX
If AVAX breaches the falling wedge pattern, a potential rally of 76% could elevate its price to $58. Conversely, sustained bearish momentum might see support levels at $23.51 or even $19.54. In the short term, a recent breakout from an inverse head and shoulders formation implies a potential 7% rise, possibly edging AVAX’s price to around $30.07.
Impact of ETF Speculation
The recent elevation in AVAX’s price is closely linked to ETF rumors. VanEck’s Solana ETF application has spurred speculation about other altcoins, such as Avalanche, being considered for ETFs shortly. A crypto investor named Quinten listed several altcoins, including Avalanche, as potential ETF candidates, thereby fueling positive sentiment around AVAX.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
Conclusion
The noticeable uptick in AVAX’s value is primarily driven by ETF speculation and encouraging technical patterns. Investors should remain vigilant about market updates and technical indicators to craft sound investment choices. Watch out for ETF application news, observe breakouts from the falling wedge for bullish signals, and monitor RSI levels to gauge overbought or oversold conditions.
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |
