Technical analysis by MarketIntel about Symbol AVAX: Buy recommendation (11/11/2025)

Avalanche (AVAX) has recently posted significant gains, leaving our outlook unchanged. We continue to believe price is currently in a five-wave magenta upward move, which should soon push it above the resistance level at $36.19. Our alternative scenario also remains valid, in which AVAX could target new absolute lows below support at $8.64 (probability: 33%).