Date: Sun, June 15, 2025 | 05:20 PM GMT
The cryptocurrency market has delivered a strong performance this quarter, with Ethereum (ETH) jumping over 39% in Q2 to trade around $2,550 after peaking near $2,873. This bullish momentum is breathing life into many altcoins —but Avalanche (AVAX) has notably lagged behind. Still, that might be about to change.
A familiar fractal pattern from 2024 is forming again on AVAX’s chart, and if history repeats, the token could be setting up for a major upside move.
Source: Coinmarketcap
Fractal Suggests Bullish Reversal Ahead
On the daily chart, AVAX is starting to repeat a powerful fractal pattern that previously led to a 100% rally in late 2024. Back then, the token first formed a falling wedge pattern, typically known as a bullish reversal signal.
After breaking out from the wedge, AVAX entered a descending channel—a consolidation structure that often appears before continuation moves. Once AVAX broke out of that channel, the price exploded upward by over 100%.
Avalanche (AVAX) Daily Chart/Coinsprobe (Source: Tradingview)
Fast forward to the present, and AVAX seems to be retracing those same steps. It has already completed a breakout from another falling wedge, followed by another period of descending channel consolidation. As of now, AVAX appears to be in the early stages of breaking out from this latest channel, signaling a possible repeat of the past rally.
What’s Next for AVAX?
For this bullish scenario to fully play out, AVAX needs to maintain its current structure within the descending channel. A decisive breakout above the channel’s upper boundary could reignite buying pressure and trigger further momentum toward higher resistance zones. Drawing from the previous fractal setup, the next logical upside targets lie between $42 and $46.
This zone also aligns with a key confluence resistance around the $46 level — the same area that marked the peak during AVAX’s last major breakout. A successful retest and hold above this level could solidify the case for a sustained rally ahead.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before making investment decisions.
