AVAX price is trading near $24 after multiple rejections at the $27 resistance, with technical analysis indicating a horizontal range between $16 and $27; rising transaction volume (+66%) alongside falling active addresses (-13%) suggests intensified activity by fewer users.
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AVAX failed repeatedly at $27 resistance, now hovering near $24.
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Active addresses fell 13% while transactions rose 66%, showing higher per-user activity.
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Technical range: $16 support, $27 resistance; weekly RSI ~51.45 indicates neutral momentum.
AVAX price update: AVAX price lingers near $24 after $27 rejection; read technical levels and network metrics for actionable insight.
What is the current AVAX price outlook?
AVAX price is facing strong resistance at $27 and is trading near $24 after a failed breakout. Technical indicators show a sideways range between $16 and $27; a sustained close below $21 would increase the probability of a move toward the $16 support level.
How did on-chain activity change despite price weakness?
Avalanche’s active addresses dropped by 13%, while total transactions rose by 66%, indicating that remaining users are transacting more frequently. This divergence can mean concentrated activity (higher transactions per address) or increased smart-contract interactions even as the user base shrinks.
Avalanche (AVAX) encountered repeated rejections near $27 and now trades around $24 after a prolonged accumulation phase. Key on-chain metrics show rising transactions amid fewer active addresses, pointing to intensified activity by a smaller user base.
- AVAX price repeatedly failed to break $27 resistance, currently trading near $24.43 after a prolonged accumulation phase.
- Avalanche’s active addresses dropped 13%, while transactions surged 66%, indicating higher user activity despite fewer participants.
- Technical analysis shows a sideways range between $16 and $27, with possible further declines to stronger support levels if $21 fails.
Avalanche (AVAX) recently encountered a strong resistance band around $27, with multiple failed breakouts. After the latest rejection near $26.50, AVAX declined to the mid-$20s. Chart structure and momentum indicators imply a neutral to bearish bias unless AVAX reclaims and holds above $27 on volume.
Price Action and Resistance Levels
The AVAX/USDT chart confirms repeated rejection at the $27 zone, tested five times in recent sessions. Sustained selling interest at this ceiling has kept price range-bound. After the latest rejection, AVAX trended down from approximately $25.19 to current levels, testing nearby support at $21.
Tweet (text-only): AVAX faced another rejection at $26.50. Channel pattern suggests a move toward $16 support. pic.twitter.com/VaQ8iyHvH9 — Ali (@ali_charts) August 30, 2025
In recent months, AVAX has traded in a horizontal band between $21 and $27, showing a prolonged sideways trend. Support at $21 has acted as a pivot; below that, $18 and $16 are meaningful zones where price reversed previously.
Weekly Chart and Technical Indicators
The weekly chart shows a long accumulation phase between $15 and $25 through 2024–2025. A brief breakout attempt failed at $27. Moving averages converge near current prices and act as dynamic resistance. Weekly RSI of 51.45 signals neutral momentum, while a double-bottom pattern during accumulation offers potential for a rally if confirmed.
Source: Crypto Target Via X
Grayscale has filed an S-1 with the SEC to pursue a spot AVAX ETF, an official filing noted in public filings and industry reports. This development could increase institutional interest and liquidity if the ETF gains approval.
Active Addresses and Transaction Trends
Avalanche currently records 181,377 active addresses, a 13% decline versus previous measurements. Despite fewer active addresses, the network processed nearly 12 million transactions, up 66% — a strong divergence indicating elevated transactions per active address.
Comparative on-chain metrics across Layer-2s show differing patterns: Starknet and Optimism experienced rising active addresses and transaction counts, reflecting broader ecosystem nuances.
| Avalanche (AVAX) | 181,377 | -13% | ~12,000,000 | +66% |
| Starknet | — | +7.4% | — | +37% |
| Optimism | — | +31% | — | +22% |
Frequently Asked Questions
What are the key support levels for AVAX?
Key support levels are $21, $18 and $16. A break and hold below $21 increases the likelihood of a move to $18–$16 where historical reversals have occurred.
How might a spot AVAX ETF filing affect price?
A successful ETF approval could boost institutional demand and liquidity, potentially reducing sell-side pressure; conversely, ongoing regulatory review adds short-term volatility.
Key Takeaways
- Resistance at $27: Multiple rejections indicate strong supply near $27.
- On-chain divergence: Transactions +66% vs active addresses -13% implies more activity per user.
- Risk management: Monitor $21 as the immediate pivot; $16 is the deeper support zone for longer-term positions.
Conclusion
AVAX price faces a clear range between $16 and $27, with near-term bias dependent on whether $21 holds. Rising transactions amid fewer active addresses suggest concentrated activity that could amplify moves. Traders should watch resistance at $27 and support at $21 for actionable signals; COINOTAG will monitor developments and update this analysis.
