Technical analysis by sahanavv about Symbol AVAX: Buy recommendation (4/30/2025)

The weekly chart of AVAX displays a strong presence of the bulls as they have defended the lower crucial support below $10. Moreover, the latest rebound from a strong trend reversal zone around $15 has validated the presence of bulls. Interestingly, the price is consolidating along the neckline of the double-bottom pattern while a similar pattern is in making, if it breaks the pivotal resistance at $22.67, which could occur anytime from now. Meanwhile, the MACD is about to undergo a bullish crossover, substanting bullish claim. Resistance 1: $25 Resistance 2: $40 Resistance 3: $50 Final Threshold: $60 After securing $60, the AVAX price may initiate a fresh upswing above the 3-digit figure. For more updates, follow Coinpedia.org!