Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Avalanche (AVAX) To Rebound? Key Harmonic Pattern Signals Potential Upside Move

Avalanche (AVAX) To Rebound? Key Harmonic Pattern Signals Potential Upside Move

CoinsProbeCoinsProbe2025/11/17 18:57
By:Nilesh Hembade

Date: Mon, Nov 17, 2025 | 11:30 AM GMT

The broader crypto market continues to face selling pressure as Ethereum (ETH) has dropped more than 17% in the past 30 days, putting significant downside weight on major altcoins , including Avalanche (AVAX).

AVAX has fallen nearly 22% over the past month, but beneath this weakness, the chart is revealing something far more constructive. A clean and well-defined harmonic structure is forming, hinting that a potential rebound could be closer than most expect.

Avalanche (AVAX) To Rebound? Key Harmonic Pattern Signals Potential Upside Move image 0 Source: Coinmarketcap

Harmonic Pattern Signals More Upside

On the 4-hour timeframe, AVAX is shaping into a Bearish Cypher harmonic pattern — a formation known for driving price higher during the CD-leg before completing at the Potential Reversal Zone (PRZ).

This structure started at Point X near $21.09, followed by a sharp correction into Point A, a recovery bounce toward Point B, and then a deeper leg lower into Point C around $14.62. From this C-point, AVAX has begun showing early signs of recovery, recently trading near $15.65 as buyers slowly step back into the market.

Avalanche (AVAX) To Rebound? Key Harmonic Pattern Signals Potential Upside Move image 1 Avalanche (AVAX) 4H Chart/Coinsprobe (Source: Tradingview)

The chart also highlights a key technical factor supporting this developing move: the 100-hour moving average positioned around $16.94. This dynamic level now acts as the next major resistance and will play a crucial role in determining whether AVAX can gather enough momentum to continue its climb.

What’s Next for AVAX?

The most important level for the short term remains the C-support near $14.62. Holding above this zone keeps the harmonic pattern valid and preserves the bullish projection toward the upside.

If AVAX maintains this support and continues higher, the next major challenge will be reclaiming the 100-hour moving average. A strong breakout above $16.94 would confirm renewed confidence among buyers and likely accelerate the CD-leg toward the upper harmonic targets.

According to the Cypher pattern structure, AVAX is projected to move toward the Potential Reversal Zone (PRZ) between $19.79 (0.786 Fibonacci extension) and $21.09 (1.0 extension). This region marks the completion area of the pattern and represents a zone where the price may slow down or face stronger resistance.

However, if AVAX loses the $14.62 support, the structure weakens significantly, opening the door for further downside before any meaningful trend recovery can take place.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Updates: Bearish Trend in Bitcoin Fuels Increased Interest in Mutuum's DeFi Presale

- Mutuum Finance (MUTM) gains traction as a DeFi presale contender, projecting 2,600% ROI with Phase 6 nearing 99% completion and a $0.040 price hike in Phase 7. - Its buy-and-distribute tokenomics and $18.89M Phase 6 raise highlight strong demand, while Halborn Security audit and Q4 2025 lending protocol launch reinforce institutional-grade credibility. - Bitcoin's dip below $83,000 amplifies MUTM's appeal as a hedge, with analysts noting 400% post-launch price potential and 24-hour leaderboards boosting

Bitget-RWA2025/11/26 06:24
Bitcoin Updates: Bearish Trend in Bitcoin Fuels Increased Interest in Mutuum's DeFi Presale

"Automation and enhanced security are driving cryptocurrency's efforts to make trading accessible to everyone"

- Bitget's Black Friday campaign offers 100% reward matches and a 50,000 USDT prize pool for spot-grid trading, targeting retail investors with automated tools. - Mutuum Finance advances to Phase 2 with 90% presale completion, preparing a Q4 2025 protocol launch supported by Halborn audits and institutional-grade security. - Both initiatives highlight crypto's shift toward democratizing trading through automation, security, and rewards to lower entry barriers for mass adoption.

Bitget-RWA2025/11/26 06:24
"Automation and enhanced security are driving cryptocurrency's efforts to make trading accessible to everyone"

Bitcoin Updates Today: The 2025–2031 Battle for Bitcoin: Long-Term Confidence Faces Near-Term Uncertainty

- Bitcoin's 2025 price dropped 30% to $85,000 amid Fed policy shifts and ETF outflows, triggering market recalibration. - Institutional investors like Harvard and Japan's Metaplanet are accumulating BTC, signaling potential 2026–2031 bull phases. - Analysts project $160,000–$350,548 targets by 2026–2031, but warn of $53,489–$58,000 bear risks amid macroeconomic uncertainties. - Long-term bullish sentiment persists despite short-term volatility, with on-chain data showing whale accumulation at discounted le

Bitget-RWA2025/11/26 06:08

Spain’s Revamp of Crypto Tax Laws May Spark Market Turmoil, Opponents Caution

- Spain's Sumar group proposed crypto tax hikes to 47% and a risk "traffic light" system for platforms in November 2025. - The plan introduces dual taxation for individuals/businesses and expands seizable crypto assets beyond EU MiCA rules. - Experts warn of legal challenges, market instability, and "absolute chaos" if the reforms create compliance burdens for investors. - Critics argue the measures could deter crypto adoption, drive activity underground, and destabilize Spain's emerging crypto sector.

Bitget-RWA2025/11/26 06:08
Spain’s Revamp of Crypto Tax Laws May Spark Market Turmoil, Opponents Caution