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Is Avalanche (AVAX) in Accumulation Mode Before a Bullish Reversal? This Fractal Pattern Says Yes!

Is Avalanche (AVAX) in Accumulation Mode Before a Bullish Reversal? This Fractal Pattern Says Yes!

CoinsProbeCoinsProbe2025/06/24 07:32
By:Nilesh Hembade

Date: Tue, June 24, 2025 | 06:56 AM GMT

The cryptocurrency market is staging a sharp bounce as geopolitical tensions between Israel and Iran begin to cool, leading to renewed optimism. Ethereum (ETH) has surged by 8%, reclaiming ground near the $2,425 level. Altcoins are also joining the rally, and Avalanche (AVAX) stands out as one of the top performers.

AVAX has jumped 9% over the last 24 hours. But beyond the recent price spike, a deeper look at its chart reveals something even more compelling — a familiar fractal pattern from 2024 appears to be unfolding again, potentially paving the way for another explosive move.

Is Avalanche (AVAX) in Accumulation Mode Before a Bullish Reversal? This Fractal Pattern Says Yes! image 0 Source: Coinmarketcap

Fractal Suggests Bullish Reversal Ahead

Looking at the daily chart, AVAX is following a nearly identical trajectory to the one seen during its last major breakout in mid-to-late 2024. Back then, AVAX first formed a classic falling wedge — a pattern typically known for signaling bullish reversals. After breaking out of that wedge, the token entered a tight descending channel, consolidating just below key resistance.

Once that consolidation phase ended with a breakout, AVAX skyrocketed by more than 130%, topping out near the $50 region.

Is Avalanche (AVAX) in Accumulation Mode Before a Bullish Reversal? This Fractal Pattern Says Yes! image 1 Avalanche (AVAX) Daily Chart/Coinsprobe (Source: Tradingview)

Now, in mid-2025, the same ingredients are present again.

AVAX recently broke out from a second falling wedge, followed by another descending consolidation channel — a setup strikingly similar to the last one. It is currently approaching the upper boundary of this channel, with early signs suggesting a potential breakout is underway.

What’s Next for AVAX?

If AVAX continues to follow this historical fractal, a breakout from the current channel could trigger a powerful upward rally — possibly targeting the $42 to $46 zone. That level lines up with the upper dotted trendline from its previous cycle peak, creating a strong technical confluence.

Moreover, the 100-day moving average is beginning to flatten out, hinting at a shift in trend. A confirmed breakout and successful retest could bring back the bulls and unlock significant upside potential for the rest of the quarter.

While the setup is compelling, confirmation is still needed. A clean break above $26 followed by sustained momentum would give much stronger conviction for a trend reversal.

Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research before investing in cryptocurrencies.

 
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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