Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Avalanche Approaches $19.48 Support: Could AVAX Break $25 Soon?
ALTCOIN NEWS

Avalanche Approaches $19.48 Support: Could AVAX Break $25 Soon?

By Crypto FlexsAugust 18, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Avalanche Approaches .48 Support: Could AVAX Break  Soon?
Share
Facebook Twitter LinkedIn Pinterest Email
  • AVAX active addresses have recently increased by 34.46%.
  • A key support level of $19.48 could start a reversal.

Avalanche (AVAX) has seen increased on-chain activity recently, which could be an indicator of renewed investment interest in the altcoin.

AMBCrypto looked at Coinglass data and found that active AVAX addresses surged by 34.46%, indicating that more investors are starting to use the Avalanche network.

Source: IntoTheJacket

AVAX volume trading increases

Along with the increase in active addresses mentioned earlier, large transactions increased by 9.45%. This often indicates an increased presence in the market of whales or institutional investors.

As both retail and whales continue to grow, we can see that a wide range of AVAX holders are participating.

Source: IntoTheBlock

The AVAX long/short ratio showed a balanced market with a position range of around 50%. This balance, coupled with the recent increase in on-chain activity, indicates a market at a decision point.

This indecisive attitude can potentially create a climate of volatility when a clear trend emerges.

Source: Coinglass

AVAX approaches important support levels.

The price of AVAX has been under stress recently. In particular, the token is consolidating above the major support level of $19.48. Historically, this point has provided a solid base during past declines.

Source: TradingView

Setting the stage for a potential twist

If AVAX crosses a significant support level and sees a surge in on-chain activity, several events could occur. If $19.48 holds, the price could surge above $25.

The growing participation in the network means that there is demand to accommodate such an event.


Realistic or not, here is the AVAX market cap in BTC terms:


Despite the recent price struggle, the increase in on-chain activity has meant a ray of hope for bulls. The emerging support level of $19.48 will draw a line in the sand.

If this level holds and the on-chain momentum continues, AVAX may be entering a trend reversal.

Next: Could an Ethereum ETF Help BlackRock Overtake Grayscale’s Holdings?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025
Add A Comment

Comments are closed.

Recent Posts

What is the next after the Fed’s 25bps is cut? Everything you need to know

September 18, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025

How XRP Enthusiasts Can Earn $15k/Day

September 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

What is the next after the Fed’s 25bps is cut? Everything you need to know

September 18, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025
Most Popular

Bitcoin price risks further downside before new increase to $70,000

March 19, 2024

Bitcoin price cleared $71,500 and is poised to bounce back.

March 29, 2024

Binance Announces Upcoming Upgrades to Spot and Margin Trading Systems

August 13, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.