bullish

Rose

Boost

Avalanche

Reversal

<ul class="wp-block-list cnl-post-highlights-list">
 <li>AVAX price nears a critical support level, aligning with Fibonacci retracement zones, signaling a possible reversal.</li>  
 <li>A weekly close above $30 could confirm bullish momentum, pushing AVAX toward $43.84, $58.06, and $80.03.</li>  
 <li>AVAX faced resistance at $24.81 after rebounding from $23.41, with the next key level set at $30.70.</li> 
</ul>  
<p>Avalanche is now near a critical support point in correspondence to the weekly chart, which has marked important Fibonacci retracement zones. The price movement is quite suggestive of a change in motion and key levels as the pointers to the next possible route. This level could lead to a massive bounce towards higher desired price levels of $43.84, $58.06, and $80.03.</p>  
<h2 class="wp-block-heading" id="avax-testing-key-support-zone">AVAX Testing Key Support Zone</h2>  
<p><a href="https://cryptonewsland.com/top-real-world-asset-tokens-to-watch-this-week-chainlink-avalanche-and-hedera-shine/" target="_blank" rel="noopener noreferrer nofollow">AVAX is currently testing a crucial support range</a> that coincides with Fibonacci retracement levels. This area has historically influenced price movements, making it a critical point for traders. If the price remains stable at this level, a reversal could follow, signaling renewed strength in the market.</p>  
<p>According to Rose Premium Signals analysis, The price dropped to a key support zone near $23.41 before rebounding slightly.&nbsp;</p>  
<figure class="wp-block-image aligncenter"><a href="https://x.com/VipRoseTr/status/1897317959753708013" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeFEY9Fgv20CHRYuB1dR_0fqKBad4pDYJHYwDH3Bywpg3hxheYVPbKzcSAFz6u2YA-BPz_nm5arX5e07HpEAhCmpXPi_2m-pfGqJZzExankYNwJp7gVH4QbAFNvLsnRxebZeYX_Aw?key=taJKtF-S0dsdvO0Jo0PgJDBV" alt=""></a>
 <figcaption class="wp-element-caption"><strong><em>Source: </em></strong><a href="https://x.com/VipRoseTr/status/1897317959753708013" rel="noopener noreferrer nofollow"><em>Rose Premium Signals (X)</em></a>
 </figcaption>
</figure>  
<p>Fibonacci retracement levels indicate $30.70 as a resistance level. The chart suggests potential upside targets at $58.06 and $80.03. The current price is around $20.30, with a recent rejection near $24.81. A price recovery could follow if the support holds.</p>  
<h2 class="wp-block-heading" id="weekly-close-above-30-could-boost-momentum">Weekly Close Above $30 Could Boost Momentum</h2>  
<p>Market data shows that a weekly close above $30 may act as a trigger for further gains. A sustained move beyond this level could reinforce bullish sentiment, potentially accelerating price action toward higher targets. The strength of this support zone will be key in determining the <a href="https://cryptonewsland.com/blockdag-tron-avalanche-leading-cryptos-for-2025/" rel="noopener noreferrer nofollow">next phase for AVAX.</a></p>  
<p>Based on the analysis of technical indicators, the medium-term targets are $43.84, $58.06, and $80.03. They are in sync with the previous resistance levels when it comes to possible price reactions. Going above $30 will create the possibility for the asset to continue the upward movement.</p>

Avalanche Tests Key Support as Fibonacci Levels Indicate Potential Reversal

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