Avalanche Finds Stability at $20.25 Amid Broader Crypto Strength
Avalanche’s AVAX token reversed from a session high of $21.48 on Monday, pulling back to establish firm support at $20.25—a level now acting as a key technical floor.
The intraday rally, which saw AVAX gain as much as 3.7%, lost steam as resistance around the $21.40–$21.50 range triggered profit-taking. However, price action near $20.25 showed signs of accumulation, with buyers stepping in to defend the zone.
A secondary support level also emerged near $20.62, highlighting layered demand zones that could contain further downside. AVAX is now consolidating within a descending price channel, awaiting a directional breakout.
The move comes as the CoinDesk 20 Index advanced 1.1% over the past 24 hours, reflecting improved sentiment across the crypto majors.
While the broader trend remains cautious, AVAX’s ability to hold the $20.25–$20.63 range may provide a launchpad for renewed upside—provided broader market momentum continues.

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