Analysts Watch Avalanche (AVAX) at Critical Long-Term Support, Foresee Potential 10x Rally or Breakdown

The price of Avalanche (AVAX) is currently testing a critical long-term support zone, a level that has historically triggered massive rallies but now presents a pivotal decision point for the token's future trajectory. Analysts are closely monitoring the chart, with some highlighting a potential "10x setup" forming, while others warn of a possible breakdown if key support fails.

Crypto Patel points to a massive multi-year chart structure where AVAX is approaching a long-term descending red trendline for a fifth time. This trendline has rejected the price on four previous occasions. Patel suggests that a successful breakout above this line, currently near the $30 level, could propel AVAX toward $100. Conversely, a rejection could lead to a decline.

The analysis hinges on the historical "accumulation zone" between $8 and $10. This zone served as the launchpad for a +1,461% rally in 2021 and a +650% rally in 2023. Patel labels this the "10x setup," indicating that a return to this area could precede another explosive move. However, a break below $8 could trigger a "freefall" toward the $2-$3 range where support is thin.

In the short term, the $16-$17 zone has flipped to resistance, termed the "bearish zone." AVAX must reclaim this level to demonstrate strength. Failure to do so increases downside momentum and weakens the potential for a successful trendline breakout.

Separately, analyst Altcoin Pioneer notes that AVAX is back at its 2022 bottom, trading around $13.26. This horizontal zone between $13 and $13.50 acted as a final line of defense during the aggressive 2022 drawdown, leading to a reset and subsequent climb in 2023. The token is currently compressed at the lower boundary of a descending channel that has guided its price for over three years.

The market now faces two clear scenarios. If the historical $13 support holds, AVAX could form a base for a bounce back toward the mid-region of its long-term channel, mirroring past reactions. Alternatively, a confirmed breakdown below this critical support block could open the door for a move toward $11 or lower, an outcome the token has avoided since 2022. The consensus among analysts is that AVAX is at a major decision point, and its next move is likely to be significant in either direction.