X post<\/a> on January 16, Martinez shares an insightful analysis of the AVAX 12-hour trading chart, identifying a key price zone and an important chart formation. According to the presented technical review, AVAX\u2019s recent rejection around $14.85 can be attributed to heavy resistance in this region. Most notably, the altcoin has struggled to break past this $14.83 price barrier thrice in the last month, indicating a significant willingness among investors to sell when the price approaches this zone.\u00a0 This could be driven by a general view of such a price point as a good profit-taking zone or expectation of a price decline based on historical data.<\/p>\nIt\u2019s worth noting that Martinez\u2019s analysis also shows that AVAX price movement has formed an inverse head and shoulders pattern, thereby favoring an imminent upside breakout. For context, the inverse H&S formation is a bullish pattern that signals a potential trend reversal. As seen above, it consists of three troughs: the left shoulder, where price declines, then rebounds; the head, a deeper decline to around $11.26 followed by a recovery, and the right shoulder, a higher low ($13.75) that fails to reach the depth of the head.<\/p>\n
All rebound highs are connected by a resistance line ($14.83) known as the neckline. And a bullish breakout indicates strengthening buying pressure. Therefore, Martinez explains that AVAX must push past this barrier in a decisive manner to trigger a bullish breakout towards $17.59 as an initial price target. With sustained buying pressure, the analyst predicts a further rise to $18.41, representing a potential 35% gain on present market prices.\n<\/p>\n
AVAX Market Overview<\/h2>\n
At the time of writing, AVAX trades at. $13.61 reflecting minor losses 1.19% and 1.34%in the past one and seven days, respectively. Meanwhile, the monthly chart reports a market gain of 14.67%, indicating the market could indeed be experiencing a trend reversal following the net negative Q4 2025 performance.<\/p>","protected":false},"excerpt":{"rendered":"
AVAX, the native token of the Avalanche protocol, is ready for a potential price breakout following another week of significant mixed price action. In line with the widespread crypto market uplift, the altcoin had initially surged as high as $14.85 before retracing below the $13.50 price. According to analyst Ali Martinez, AVAX now lies at […]<\/p>\n","protected":false},"author":0,"featured_media":127932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-127931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/127931"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127931"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/127931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/127932"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}