Avalanche price slips to $13 support as bearish wedge pattern raises downside risk

cryptonews12-15

Avalanche price is struggling to hold the $13 level as bearish chart structures remain intact despite rising trading activity and steady ecosystem growth. Summary AVAX trades near $13 support ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAvalanche price slips to $13 support as bearish wedge pattern raises downside risk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-15 15:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/avalanche-price-support-bearish-wedge-patttern-2025/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Avalanche price is struggling to hold the $13 level as bearish chart structures remain intact despite rising trading activity and steady ecosystem growth.\n\n\nSummary\n\n\n\nAVAX trades near $13 support ...</p>\n\n<a href=\"https://crypto.news/avalanche-price-support-bearish-wedge-patttern-2025/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITW","symbol_name":"Bitwise 10 Crypto Index ETF","start_time":0,"source_url":"https://crypto.news/avalanche-price-support-bearish-wedge-patttern-2025/","article_id":"2591561327","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/avalanche-price-support-bearish-wedge-patttern-2025/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2591561327","pubTimestamp":1765783669,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Avalanche price is struggling to hold the $13 level as bearish chart structures remain intact despite rising trading activity and steady ecosystem growth.AVAX trades near $13 support after weeks of lower highs, keeping the broader downtrend in place. Rising futures volume and open interest suggest growing speculation rather than clear spot demand. Avalanche was trading at $13.20 at press time, down 0.2% over the past 24 hours. The token has moved within a seven-day range between $12.87 to $14.63 and is now down 2.4% over the past week. On a monthly view, AVAX has lost roughly 15%, keeping price action pinned near a key support zone that has repeatedly come under pressure.Trading picked up even though the price barely moved. Avalanche’s  24-hour volume jumped 41% to $301 million, suggesting more traders are stepping in as the token tests lower levels.Momentum is low but not extreme. The relative strength index sits around 42, under the neutral line, suggesting buying interest is limited","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"BITW":"Bitwise 10 Crypto Index ETF"},"translate_title":"由于看跌楔形形态增加下行风险，Avalanche价格跌至13美元支撑位","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITW":1},"content_text":"Avalanche price is struggling to hold the $13 level as bearish chart structures remain intact despite rising trading activity and steady ecosystem growth.\n\n\nSummary\n\n\n\nAVAX trades near $13 support after weeks of lower highs, keeping the broader downtrend in place\nRising futures volume and open interest suggest growing speculation rather than clear spot demand\nBearish chart patterns remain valid unless price reclaims the $15–$16 zone with conviction\n\n\n\nAvalanche was trading at $13.20 at press time, down 0.2% over the past 24 hours. The token has moved within a seven-day range between $12.87 to $14.63 and is now down 2.4% over the past week. On a monthly view, AVAX has lost roughly 15%, keeping price action pinned near a key support zone that has repeatedly come under pressure.\nTrading picked up even though the price barely moved. Avalanche’s (AVAX) 24-hour volume jumped 41% to $301 million, suggesting more traders are stepping in as the token tests lower levels. \nOn the derivatives side, futures activity grew 21% to $591 million, and open interest edged up 1.2% to $515.5 million, as per CoinGlass data. This shows that many traders are opening new positions rather than closing existing ones.\nEcosystem progress fails to lift price\nAvalanche has seen steady growth on its network as 2025 comes to a close, but the gains haven’t yet pushed prices higher. Activity on the C-Chain keeps expanding, while total value locked on the uptrend. Meanwhile, the stablecoin supply has grown to over $1.5 billion, showing that new capital is flowing into the ecosystem.\nInstitutional interest in Avalanche has picked up as well. AVAX was recently added to the Bitwise 10 Crypto Index ETF. Expanded custody support for USDC on the C-Chain, along with more involvement from institutional funds, has reinforced the token’s long-term case. \n\nHuge: Avalanche is now part of the Bitwise 10 Crypto Index ETF (NYSE: BITW)The institutions are here🔺 pic.twitter.com/xtJC0ib378— Avalanche🔺 (@avax) December 9, 2025\n\nStill, weakness across the broader market has kept momentum in check, leaving prices exposed to technical pressure.\nAvalanche price technical analysis\nAVAX remains stuck in a long-term downtrend. Every major rally since the token last traded above $30 has been stopped by a descending trendline, and that pattern is still in place. As a result, the market’s overall bias continues to lean toward the downside.\nAfter the last sell-off, a rising wedge has already broken to the downside, confirming that the bearish trend is still in play. Price is now tightening around the $13 mark, forming a shape similar to a descending triangle. \nSellers continue to push from above, while buyers try to hold the flat support below, raising the chances of a breakdown if that level gives way. \nMomentum is low but not extreme. The relative strength index sits around 42, under the neutral line, suggesting buying interest is limited. After the sharp drop from the $28–$30 range, trading volume has cooled, showing that selling pressure has eased, though demand remains cautious.\nIf the $13 support breaks, the next key level could be near $11.50, with $10 acting as a stronger floor.  AVAX would need to push back into the $15.50–$16 range on stronger volume to relieve near-term bearish pressure.\n\n\n\n\n\n                Read more:\n            \n\n                XRP price slowly forms a bullish pattern amid good Ripple news","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2591561327","isCrawlerRequest":true}