{"id":2759,"date":"2025-04-08T13:48:00","date_gmt":"2025-04-08T12:48:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=2759"},"modified":"2025-04-08T13:38:20","modified_gmt":"2025-04-08T12:38:20","slug":"avalanche-avax-final-dip-before-major-surge","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/avalanche-avax-final-dip-before-major-surge\/","title":{"rendered":"Avalanche (AVAX) : Is this the final dip before a major surge ?"},"content":{"rendered":"\n

A Bullish Past That Seems to Repeat Itself<\/h2>\n\n\n\n

Despite the widespread market drop<\/strong> in the crypto<\/a> market, which has been severely affected by geopolitical tensions<\/a>, Avalanche (AVAX)<\/strong> might present a golden opportunity. An in-depth analysis of the AVAX chart reveals a fascinating technical setup<\/strong>, reminiscent of the one that preceded its last rally.<\/p>\n\n\n\n

In 2021<\/strong>, Avalanche <\/strong>went through a long period of bearish consolidation, forming a descending wedge pattern. This type of structure is often seen as a bullish reversal signal. After hitting a crucial support<\/strong> between $9.50 and $11.50<\/strong> and bouncing off its 50-day moving average, AVAX <\/strong>then started a spectacular surge of over 560%<\/strong> in just a few weeks.<\/p>\n\n\n

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\"AVAX
Source: CoinMarketCap<\/figcaption><\/figure>\n<\/div>\n\n\n
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An Explosive Outlook for AVAX<\/h2>\n\n\n\n

Currently, the AVAX chart shows an extremely similar setup. It features a new descending wedge pattern, with price action just recovering on the key support zone between $14.50 and $16.50<\/strong> – once again, not far from its 50-day moving average.<\/p>\n\n\n

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\"AVAX
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

This striking similarity between the two situations anticipates an equally explosive bullish scenario<\/strong>. Although macroeconomic headwinds may delay or disrupt the timing, technical signals<\/strong> suggest that once momentum returns to the market, It could be one of the top-performing altcoins<\/a><\/strong> in the next uptrend wave.<\/p>\n\n\n\n

While chart patterns don’t guarantee results, they often provide powerful clues<\/strong>. AVAX <\/strong>currently seems to be in a generational accumulation zone, just like in 2021 before its rapid rally. The descending wedge, the curved base, and the behavior around the 50-day moving average are all factors indicating a potential imminent take-off.<\/p>\n\n\n\n

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Buy AVAX token on WEEX now !<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n