Avalanche AVAX BOTTOM $20 PUMP COMING!? Avax Coin Crypto Price Prediction and Technical Analysis
1 extracted signal · 0 resolved · 1 still active
ImpossibleAnalysisIndependent analyst profile- Source published
- 21 Oct 2026, 19:05 UTC
- Recorded by Tahlil Plus
- 22 Oct 2026, 00:32 UTC
AI-generated source summary
The analysis focuses on AVAXUSDT, identifying a significant downtrend from its all-time high. A key observation is the 3.236 Fibonacci retracement level at approximately $8.90, which is currently acting as a crucial support. The analysis suggests that if AVAXUSDT holds above $8.90, it indicates a potential bottom formation. The predicted bullish trend targets a significant upward movement, with an initial target at $11.50, corresponding to the 0.382 Fibonacci retracement level, and a more ambitious long-term target near $60.0. A break below $8.90 would invalidate this bullish outlook, suggesting a continuation of the downtrend. The chart also shows a descending trendline that, if broken, could confirm the start of a new rally. The potential for a move towards $17.00, the 0.618 Fibonacci retracement, is also highlighted as a significant resistance to overcome.
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.