AVAX consolidates following the wedge breakout at $9 target. Channel bottom at 5.5B market cap indicates possible turnaround. Analysts eye $26-$42 upside targetsAVAX consolidates following the wedge breakout at $9 target. Channel bottom at 5.5B market cap indicates possible turnaround. Analysts eye $26-$42 upside targets

AVAX Targets $9 After Breakout – Channel Support Sparks Reversal Hopes

2025/12/13 14:00

AVAX consolidates following the wedge breakout at $9 target. Channel bottom at 5.5B market cap indicates possible turnaround. Analysts eye $26-$42 upside targets.

Avalanche has broken out of a technical pattern. AVAX now clusters in a key price area. The market participants closely observe the approach of the asset to major support levels.

AVAX emerged through an ascending broadening wedge on the right angle according to Ali Charts on X. The trend indicates the existence of a price target of 9 dollars. This technical structure is usually followed by great price movements, after the consolidation is over.

AVAX Targets $9 After Breakout - Channel Support Sparks Reversal Hopes

Source:  Ali Charts

Critical Channel Support Tests Bulls’ Resolve

AVAX is bottom trading. This channel has remained relevant for 2 years. The trend reversal potential is formed by the positioning.

PStrade2 pointed out on X that the fundamentals are still intact. There is evidence of life in the ecosystem. Its present market capitalization is approximately 5.5 billion. This valuation might act as a starting point for new impetus.

AVAX Targets $9 After Breakout - Channel Support Sparks Reversal Hopes

Source: PStrade2

The bottom of the channel is a historically important area. Past meetings with this tier led to massive demonstrations. The next significant move depends on the capacity of AVAX to hold here.

You might also like: Crypto News: AVAX One Hits 13.8M AVAX After $110M Accumulation Spree in November

Dual Scenarios: Reversal or Deeper Correction

There are two possible consequences of existing price action. The intention of bulls is to guard the channel support zone. A strong upward trend could be precipitated by success.

PStrade2 presented a conservative and aggressive objective on X. A conservative scenario speculates in terms of a 26-dollar gain, an increase that is 100 percent. The upper channel target will rise to $41-42, which represents a 225 percent potential rise.

Not being able to support exposes downside risk. AVAX may undergo additional consolidation or re-test the lower levels. The prevailing path will depend upon market structure and market volume.

The blockchain technology used by Avalanche keeps drawing more attention to developers. On-chain statistics indicate continued activity in the face of price weakness. The blending of technical organization and basic action results in an interesting risk-reward profile.

The competition in layer-1 blockchain is high in the industry. AVAX is required to show implementation and usage to gain market share. Existing pricing can provide points of entry to those who are optimistic about long-term opportunities.

The post AVAX Targets $9 After Breakout – Channel Support Sparks Reversal Hopes appeared first on Live Bitcoin News.

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An XRP/BTC long-term chart shared by pseudonymous market technician Dr Cat (@DoctorCatX) points to a delayed—but potentially explosive—upswing for XRP versus Bitcoin, with the analyst arguing that “the next monster leg up” cannot begin before early 2026 if key Ichimoku conditions are to be satisfied on the highest time frames. Posting a two-month (2M) XRP/BTC chart with Ichimoku overlays and date markers for September/October, November/December and January/February, Dr Cat framed the setup around the position of the Chikou Span (CS) relative to price candles and the Tenkan-sen. “Based on the 2M chart I expect the next monster leg up to start no earlier than 2026,” he wrote. “Because the logical time for CS to get free above the candles is Jan/Feb 2026 on an open basis and March 2026 on a close basis, respectively.” XRP/BTC Breakout Window Opens Only In 2026 In Ichimoku methodology, the CS—price shifted back 26 periods—clearing above historical candles and the Tenkan-sen (conversion line) is used to confirm the transition from equilibrium to trending conditions. That threshold, in Dr Cat’s view, hinges on XRP/BTC defending roughly 2,442 sats (0.00002442 BTC). “As you see, the price needs to hold 2442 so that CS is both above the candles and Tenkan Sen,” he said. Related Reading: Facts Vs. Hype: Analyst Examines XRP Supply Shock Theory Should that condition be met, the analyst sees the market “logically” targeting the next major resistance band first around ~7,000 sats, with an extended 2026 objective in a 7,000–12,000 sats corridor on the highest time frames. “If that happens, solely looking at the 2M timeframe the logical thing is to attack the next resistance at ~7K,” he wrote, before adding: “Otherwise on highest timeframes everything still looks excellent and points to 7K–12K in 2026, until further notice.” The roadmap is not without nearer-term risks. Dr Cat flagged a developing signal on the weekly Ichimoku cloud: “One more thing to keep an eye on till then: the weekly chart. Which, if doesn’t renew the yearly high by November/December will get a bearish kumo twist. Which still may not be the end of the world but still deserves attention. So one more evaluation is needed at late 2025 I guess.” A bearish kumo twist—when Senkou Span A crosses below Senkou Span B—can foreshadow a medium-term loss of momentum or a period of consolidation before trend resumption. The discussion quickly turned to the real-world impact of the satoshi-denominated targets. When asked what ~7,000 sats might mean in dollar terms, the analyst cautioned that the conversion floats with Bitcoin’s price but offered a rough yardstick for today’s market. “In current BTC prices are roughly $7.8,” he replied. The figure is illustrative rather than predictive: XRP’s USD price at any future XRP/BTC level will depend on BTC’s own USD value at that time. The posted chart—which annotates the likely windows for CS clearance as “Jan/Feb open CS free” and “March close” following interim checkpoints in September/October and November/December—underscores the time-based nature of the call. On multi-month Ichimoku settings, the lagging span has to “work off” past price structure before a clean upside trend confirmation is possible; forcing the move earlier would, in this framework, risk a rejection back into the cloud or beneath the Tenkan-sen. Contextually, XRP/BTC has been basing in a broad range since early 2024 after a multi-year downtrend from the 2021 peak, with intermittent upside probes failing to reclaim the more consequential resistances that sit thousands of sats higher. The 2,442-sats area Dr Cat highlights aligns with the need to keep the lagging span above both contemporaneous price and the conversion line, a condition that tends to reduce whipsaws on very high time frames. Related Reading: Analyst Sounds Major XRP Warning: Last Chance To Get In As Accumulation Balloons Whether the market ultimately delivers the 7,000–12,000 sats advance in 2026 will, by this read, depend on two things: XRP/BTC’s ability to hold above the ~2,442-sats pivot as the calendar turns through early 2026, and the weekly chart avoiding or quickly invalidating a bearish kumo twist if new yearly highs are not set before November/December. “If that happens… the logical thing is to attack the next resistance at ~7K,” Dr Cat concludes, while stressing that the weekly cloud still “deserves attention.” As with any Ichimoku-driven thesis, the emphasis is on alignment across time frames and the interaction of price with the system’s five lines—Tenkan-sen, Kijun-sen, Senkou Spans A and B (the “kumo” cloud), and the Chikou Span. Dr Cat’s thread leans on the lagging span mechanics to explain why an earlier “monster leg” is statistically less likely, and why the second half of 2025 will be a critical checkpoint before any 2026 trend attempt. For now, the takeaway is a timeline rather than an imminent trigger: the analyst’s base case defers any outsized XRP outperformance versus Bitcoin until after the CS clears historical overhead in early 2026, with interim monitoring of the weekly cloud into year-end. As he summed up, “On highest timeframes everything still looks excellent… until further notice.” At press time, XRP traded at $3.119. Featured image created with DALL.E, chart from TradingView.com
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