AvalancheLong
$AVAX 2024 -> 2025 Predictions
AVAX is showing strong bullish momentum as we round out the year. The price is currently targeting $47.30 (1.618 Fibonacci extension) for Wave (3), with further potential to reach $62.66. These levels also correlate with critical historical highs
The RSI suggests there’s still room for upside before entering overbought conditions, providing a window for bullish continuation. Keep an eye on volume and RSI divergence as prices approach historical resistance zones like $47 and $62, which could signal exhaustion or a corrective phase.
If bullish momentum persists, AVAX could reclaim levels not seen since its November 2021 high around $146, though this would depend on broader market conditions and sustained macro recovery. For now, $62 remains the critical mid-term target for this impulse wave.
- 45-$51 Zone: Significant resistance from late 2022, where previous price rejections occurred. Breaking above this would confirm a major trend reversal.
- $62-$65 Zone: This aligns with the peak from early 2022, just before the broader market downturn, making it a psychologically critical level.
The RSI suggests there’s still room for upside before entering overbought conditions, providing a window for bullish continuation. Keep an eye on volume and RSI divergence as prices approach historical resistance zones like $47 and $62, which could signal exhaustion or a corrective phase.
If bullish momentum persists, AVAX could reclaim levels not seen since its November 2021 high around $146, though this would depend on broader market conditions and sustained macro recovery. For now, $62 remains the critical mid-term target for this impulse wave.
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