- AVAX repeatedly tested the $8–$12 support zone triggering rallies ranging from 650% to over 1,400% in previous cycles.
- Transaction volumes on major Layer-1 blockchains surged from under 5 million to over 50 million daily due to robust network adoption trends.
- Short-term AVAX price movements maintained an upward-sloping channel, with buyers controlling momentum while resistance capped gain near $13.50 levels.
AVAX price is navigating between critical support and resistance levels. Analysts are closely monitoring the coin’s trajectory and historical volatility patterns. Traders watch both accumulation zones and descending trendlines for possible breakout signals.
Historical Price Patterns and Trendlines
AVAX has consistently interacted with strong horizontal support zones between $8 and $12. Past cycles show that these levels often triggered substantial rallies, with gains ranging from 650% to over 1,400%. These retracements and bounces form a repeating multi-year pattern that traders consider significant for timing entries.
The long-term descending trendline has acted as persistent resistance. Points 1 through 4 mark previous lower highs where AVAX faced repeated rejections. According to a recent post by Crypto Patel, the fifth test near $30 could trigger an upside move surpassing $100 if resistance breaks decisively.
Despite historical bullish expansions, AVAX faces structural risks. A drop below $8 may lead to further declines toward $3, creating a scenario that traders must monitor closely. Each support and resistance level forms an integral part of long-term price analysis.
Transaction Activity Across Layer-1 Blockchains
Daily transaction data reveals a marked increase in activity beginning mid-2024. Transaction counts rose from under 5 million per day to repeated peaks between 40 and 55 million. This reflects the consistent network engagement and not temporary anomalies or single events.
2021 to early 2023 baseline activity with minor spikes was triggered by airdrops, network tests, or validator migrations. The sustained volume increase was observed in 2024 and there were sharp short-term drops before rebounding. These movements may indicate congestion, fee market changes, or uneven demand. Overall, the data suggests a structural transformation in network usage, highlighting Layer-1 adoption trends.
Short-Term Price Movements and Market Balance
AVAX’s daily price fluctuations currently range between $13.10 and $13.55. Early trading displayed an upward-sloping channel with shallow dips followed by buyers stepping in near support levels. Peaks consistently formed around $13.45–$13.50, indicating emerging resistance.
Volatility increased around $13.55 failed to break decisively and this produced a double-top formation and slight price drift toward $13.40. Volume trends suggest ordinary trading activity rather than extraordinary market catalysts.
This behavior reflects a balance between buyers and sellers maintaining upward pressure without initiating strong breakouts. Sellers capped gains without reversing the trend. This consolidation could precede either a breakout or further retracement.
