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Avalanche ($AVAX) Crypto Forecast: Down 5.4% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Avalanche?

AVAX is a cryptocurrency token associated with the Avalanche platform. The token has recently been trading above $25, marking an 18% gain in the previous week.

Why is Avalanche going down?

AVAX crypto is down 5.4% on Jul 23, 2025 13:46

  • Despite record Open Interest and increasing Total Value Locked, AVAX faced a strong bearish movement today.
  • The bearish price movement might be a result of profit-taking by investors who had benefited from the recent surge.
  • Market sentiment could have temporarily shifted due to external factors or technical trading patterns, leading to the bearish movement.
  • Traders are advised to keep a close watch on market developments and potential catalysts to assess whether the bearish movement is a short-term correction or a sustained trend reversal.

AVAX Price Chart

AVAX Technical Analysis

AVAX News

Avalanche Price Forecast: AVAX hits an OI record high of nearly $800 million

Avalanche (AVAX) price trades in green above $25 at the time of writing on Tuesday after gaining over 18% in the previous week. Derivatives and on-chain data support the bullish thesis as AVAX’s Open Interest (OI) reached a record level and Total Value Locked continues to climb.

https://www.fxstreet.com/cryptocurrencies/news/avalanche-price-forecast-avax-hits-an-oi-record-high-of-nearly-800-million-202507220616

0 Missing News Article Image Avalanche Price Forecast: AVAX hits an OI record high of nearly $800 million

Avalanche Price History

04.05.2025 - AVAX Crypto was down 5.1%

  • AVAX saw a downward trend after the SEC postponed the approval of Exchange Traded Funds (ETFs) connected to Avalanche.
  • The ETF approval delay caused uncertainty among investors, resulting in a sell-off of AVAX and other tokens like Cardano (ADA).
  • Regulatory measures, such as ETF approval postponements, can influence the credibility and adoption of cryptocurrencies, affecting market trends.
  • Investors holding AVAX should stay updated on regulatory changes as they could have a significant impact on the token's value in the immediate future.

29.04.2025 - AVAX Crypto was down 5.0%

  • The bearish movement in AVAX today could be attributed to the delay in the SEC's review of Cardano and Avalanche Spot ETFs. Regulatory uncertainties often lead to market uncertainty and can trigger sell-offs.
  • The discovery of self-spreading malware in privacy crypto Dero may have raised concerns about security within the cryptocurrency space, causing investors to be more cautious and potentially impacting AVAX negatively.
  • On a positive note, the news of New Jersey's Bergen County tokenizing $240B in real estate deeds on the Avalanche network could bring more attention and adoption to the platform in the long term, despite the short-term bearish movement.
  • The mixed sentiment in the market, with analysts turning bullish on Avalanche while AVAX experienced a bearish movement, could indicate a divergence in opinions among investors, leading to fluctuations in the token's price.

19.05.2025 - AVAX Crypto was down 5.1%

  • AVAX saw a bearish movement today despite trading slightly in the green, suggesting potential weakness in the market.
  • The decrease in Open Interest to a one-month low indicates declining investor interest and possibly a lack of confidence in AVAX's short-term price potential.
  • A challenge to a crucial support level that has remained intact for over two months may signify a critical moment for AVAX, with the possibility of further losses if the support level is breached.
  • In summary, the decline in Open Interest and the test of significant support levels may be key factors influencing AVAX's bearish movement today.

02.06.2025 - AVAX Crypto was up 5.1%

  • AVAX saw significant upward momentum in trading today.
  • The release of more than $484 million in tokens across various altcoins, including AVAX, is believed to be influencing the increased price fluctuations in the cryptocurrency market.
  • Traders might be expecting price shifts and chances for profits linked to these token releases, resulting in a rise in buying activity for AVAX.
  • The substantial release of tokens could also signal a rise in enthusiasm and trust in AVAX and the overall cryptocurrency market, causing prices to climb.

26.04.2025 - AVAX Crypto was up 6.0%

  • AVAX experienced a strong bullish movement possibly fueled by network upgrades and positive sentiment towards the cryptocurrency.
  • Comments on Avalanche's growth potential in the market and its progress towards certain price targets may have boosted investor confidence.
  • The increasing momentum around Avalanche, as it approaches a higher ranking, likely attracted more attention and investment to AVAX.
  • Amidst notable performances from other cryptocurrencies like Chainlink, Avalanche's distinctive attributes and recent advancements appear to have positioned it favorably, propelling its bullish trend.

26.04.2025 - AVAX Crypto was up 5.2%

  • AVAX surged today due to positive market sentiment and increased interest in altcoins as Bitcoin approaches its all-time high.
  • The network upgrades likely boosted confidence in AVAX, attracting more investors to the token.
  • Speculation about AVAX's future price targets may have contributed to the bullish movement as traders anticipated further gains.
  • The growing momentum and potential rise in rankings added to the positive outlook for AVAX, driving up its price.

26.04.2025 - AVAX Crypto was up 7.2%

  • AVAX experienced a strong bullish movement today, likely driven by the increasing momentum and positive sentiment surrounding the Avalanche platform.
  • The development of Avalanche securing a top 13 position in the cryptocurrency market might have attracted more investors seeking promising projects.
  • A viral giveaway by Web3 ai could have played a role in the bullish movement, generating excitement and directing focus towards AVAX.
  • The rise in blockchain fees for AVAX, alongside retail investors quietly exiting, could indicate a shift in market dynamics, potentially leading to a short-term price surge due to demand surpassing supply.

23.06.2025 - AVAX Crypto was down 5.4%

  • Despite record Open Interest and increasing Total Value Locked, AVAX faced a strong bearish movement today.
  • The bearish price movement might be a result of profit-taking by investors who had benefited from the recent surge.
  • Market sentiment could have temporarily shifted due to external factors or technical trading patterns, leading to the bearish movement.
  • Traders are advised to keep a close watch on market developments and potential catalysts to assess whether the bearish movement is a short-term correction or a sustained trend reversal.

03.06.2025 - AVAX Crypto was up 8.2%

  • AVAX experienced significant bullish movement, likely influenced by the overall positive market sentiment.
  • The rise in active addresses for AVAX and expectations of token unlocks in major altcoins may have played a role in the bullish breakout.
  • Investors are displaying trust in AVAX, seen through the price surge and market interest in upcoming token unlocks, hinting at a possibility of sustained positive momentum in the near term.

25.04.2025 - AVAX Crypto was down 5.0%

  • AVAX saw a downward trend despite several positive developments and growing momentum in the Avalanche ecosystem.
  • A notable $777K giveaway by Web3 ai may have given AVAX a temporary price boost, but a subsequent decline may have been due to retail investors cashing out.
  • The uptick in blockchain fees on the Avalanche network might have discouraged some retail investors, adding to the selling pressure on AVAX.
  • Although the launch of Blockchain by FIFA on Avalanche could have positive future implications for the network, the initial market response to AVAX was negative, possibly influenced by general market sentiment or profit-taking activities.

30.04.2025 - AVAX Crypto was down 8.5%

  • AVAX experienced a bearish movement following the delay in approving ETF filings for Cardano (ADA) and Avalanche (AVAX) by a regulatory organization.
  • The regulatory uncertainty regarding the approval of ETFs has had a negative impact on investor confidence in AVAX and ADA, resulting in a decrease in their prices.
  • Despite recent developments, the tokenization of real estate deeds in New Jersey's Bergen County on the Avalanche network could potentially enhance the utility and adoption of AVAX in the future.
  • The discovery of self-spreading malware in Dero, another privacy-focused cryptocurrency, underscores the significance of security in the cryptocurrency sector. This may have contributed to the overall market uncertainty and influenced AVAX's bearish movement.

24.04.2025 - AVAX Crypto was down 5.4%

  • AVAX experienced a bearish movement despite being featured in a $777K giveaway and FIFA launching Blockchain on Avalanche for a revolutionary fan experience.
  • The increase in blockchain fees for AVAX might have led to retail investors quietly exiting their positions, putting downward pressure on the token's price.
  • Although AVAX was mentioned as a top crypto gainer for potential returns in 2025, the current market sentiment and fee concerns likely overshadowed this long-term outlook, contributing to the bearish movement.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.