{"id":94019,"date":"2025-09-05T08:50:30","date_gmt":"2025-09-05T08:50:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=94019"},"modified":"2025-09-05T08:50:30","modified_gmt":"2025-09-05T08:50:30","slug":"avax-bulls-target-46-if-this-key-barrier-falls","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=94019","title":{"rendered":"AVAX Bulls Target $46 If This Key Barrier Falls"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

AVAX trades between $22 and $27, with bulls needing a breakout to trigger higher levels.
\nAvalanche\u2019s C-Chain closed August with 35.8 million transactions, its second-highest monthly figure to date.
\nMFI near 68 and a bullish MACD crossover show momentum favoring buyers as support holds.<\/p>\n

Price Holds Below Resistance<\/h2>\n

Avalanche (AVAX) is trading at $25 with a daily volume of $697 million. The token slipped 2% in the past 24 hours but is little changed over the week. The chart shows repeated failures to break above $27, confirming it as a strong resistance level since March.<\/p>\n

Support remains between $23.90 and $22.00, an area that has held during recent pullbacks. A close below this range could open the way toward $20.5 and possibly $16. Analyst Ali Martinez noted,<\/p>\n

$27 is the key resistance for Avalanche $AVAX<\/a>. Break it, and $46 comes into play! pic.twitter.com\/n4PJAC3Kxt<\/a><\/p>\n

\u2014 Ali (@ali_charts) September 3, 2025<\/a><\/p>\n\n

AVAX has moved sideways between $22 and $27 for months, forming a clear consolidation band. Analyst James suggested<\/a> this phase may soon end, saying,<\/p>\n

\u201cI believe this consolidation phase for $AVAX is coming to an end. The move to the upside will be a thing of beauty.\u201d<\/p>\n

His projection shows that a breakout above $27\u2013$28 could lift AVAX toward $40\u2013$44, where a long-term descending trendline sits. Until that happens, price action is expected to remain capped below resistance.<\/p>\n

Network Activity Rising<\/h2>\n

Avalanche\u2019s C-Chain ended August with 35.8 million transactions, its second-highest monthly figure on record. The network also handled<\/a> 10.9 million transactions in one week last month, the busiest since December 2023.<\/p>\n

August closed with 35.8M C-Chain transactions, the 2nd-highest month ever. pic.twitter.com\/IlJJaPH9bC<\/a><\/p>\n

\u2014 Avalanche (@avax) September 2, 2025<\/a><\/p>\n\n

The C-Chain is designed for Ethereum-compatible smart contracts, supporting decentralized finance, NFT platforms, and other applications. Along with the X-Chain for transfers and the P-Chain for staking, it forms Avalanche\u2019s three-chain system. The increase in transactions shows stronger use of applications built on the network.<\/p>\n

Indicators Point to Strength<\/h2>\n

The Money Flow Index (MFI) stands at 68, reflecting steady buying inflows<\/a>. It is approaching the overbought zone, which starts at 80.<\/p>\n

<\/a>Source: TradingView<\/p>\n

Meanwhile, the MACD on the weekly chart is also positive. The MACD line at 0.81 is above the signal line at -0.16, supported by green histogram bars. This shows upward momentum, giving buyers the advantage as long as AVAX holds above its support levels.<\/p>\n

The post AVAX Bulls Target $46 If This Key Barrier Falls<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR AVAX trades between $22 and $27, with bulls needing a breakout to trigger higher levels. Avalanche\u2019s C-Chain closed August with 35.8 million transactions, its second-highest monthly figure to date. MFI near 68 and a bullish MACD crossover show momentum favoring buyers as support holds. Price Holds Below Resistance Avalanche (AVAX) is trading at $25 […]<\/p>\n","protected":false},"author":0,"featured_media":94020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-94019","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\/94019"}],"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=94019"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/94019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/94020"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=94019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=94019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=94019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}