AVAX remains a solid project that’s not going anywhere. It’s now evolving into a game-oriented blockchain, which adds an interesting new use case to what was once a fairly mature ecosystem.
The current price range of $22-$23 sits in a strong demand zone, a level that has historically triggered major pumps.
With the Multi Timeframe MACD deeply oversold, the RSI low, and the Stochastic RSI bottomed out on the 1D, this looks like an excellent opportunity to build a position with a favorable risk/reward ratio.
It may take some time to fully clear the bearish divergence from the last rally, but the October 11th crash likely reset the structure — suggesting a bullish outlook moving forward.
Fibonacci targets:
🎯 TP1: $28.5
🎯 TP2: $31.4
🎯 TP3: $35.08
If the market enters a true altseason, AVAX could climb significantly higher — but for now, these are the most reasonable targets.
As always, DYOR before entering any trade.
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