AVAX: Will the Bulls Finally Break Free or Just Keep Hopping in Place? šŸ‚šŸ’„

In Brief (Because Who Has the Time?):

  • AVAX flirts nervously between $22 and $27, as if unsure whether to leap or just take another cautious sip of tea.
  • Avalanche’s C-Chain clocked 35.8 million transactions in August – second only to the month when everyone suddenly remembered crypto existed.
  • The Money Flow Index teeters at a bashful 68, and the MACD cheerfully crosses over, as if whispering, ā€œBuyers, do carry on.ā€

The Price Prods at the Great Wall of $27

At the tender sum of $25, Avalanche trades with a volume of nearly $700 million, which is quite respectable for something that recently took a modest 2% tumble. It seems that $27 is the equivalent of that door at the country club no one can open. Since March, AVAX has been politely rebuffed like an eager debutante refused dance after dance.

Below, support lies between $22 and $23.90 – a safety net so robust it could cradle the hopes of even the most desperate optimist. Should AVAX ever find the gumption to tumble beneath these figures, we might as well start to whisper about $20.5, or even the horror of $16. As our oracle, Ali Martinez, sagely tweeted:

“$27 is the key resistance for Avalanche $AVAX. Break it, and $46 comes into play! “

– Ali (@ali_charts) September 3, 2025

For months, AVAX has been playing a tame game of sideways shuffle between $22 and $27, like a dancer who can’t quite find the rhythm. James, the eternal optimist, insists the tune is about to change:

ā€œI believe this consolidation phase for $AVAX is coming to an end. The move to the upside will be a thing of beauty.ā€

He envisions a grand breakout that might carry poor AVAX all the way between $40 and $44 – just shy of a long-term, downcast nose-diving trendline. Until then, the price will remain as caged as a lapdog at Lady Chatterley’s.

The Network Isn’t Just Sitting Around Either

August saw Avalanche’s C-Chain recording a sprightly 35.8 million transactions, which is its second-best effort since it first joined the party. For the week, a lazy 10.9 million transactions were processed, the highest tally since late 2023 – a fact that inspires slightly more confidence than a kitten’s yawn.

ā€œAugust closed with 35.8M C-Chain transactions, the 2nd-highest month ever.ā€

– Avalanche (@avax) September 2, 2025

Designed for Ethereum-style smart contracts, the C-Chain happily juggles decentralized finance and NFT fluff, supported by its comrades X-Chain and P-Chain, completing Avalanche’s triumvirate of blockchain charm. The uptick in activity hints the network might just be waking up from an afternoon nap.

Charts and Numbers That Might Impress Your In-Laws

The Money Flow Index currently lounges at 68, nudging towards the exclusive overbought club at 80 – good enough to keep spirits up but cautious enough not to throw a party just yet.

AVAX Chart

Meanwhile, the MACD, our ever-reliable indicator, sports a cheeky positive crossover with its line at 0.81 gallantly above the signal at -0.16, accompanied by a chorus of green histogram bars. In layman’s terms: the buyers have the upper hand-providing AVAX doesn’t trip over its own feet and slide beneath its trusty support.

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2025-09-05 12:18