Will AVAX Price Bounce Toward $23 Amid Buy Signal?

A decline below the $19.85 mark would reverse the bullish signal thus causing price to drop back to reach $19.60 support.

Two pivotal indicators within current chart structure pointed to CHoCH at $21.60 and BOS at $20.90. The price needed to break through these points to verify a continuing upward trend.

A clean break of $19.00 support could push AVAX price toward its significant support area at $18.30. An equal low resistance zone at this level could serve as the last potential barrier before a new decline begins.

Holding within this current blue zone could potentially drive price upward to challenge the $21.00–$22.00 price imbalance.

The current red zone above $22.00 still showed evidence of being a weak price high region. The sell zone could persist but would only give way after an established breakdown occurs.

AVAXs price reaction at this demand block could determine its upcoming swing direction.

Avalanche Crypto Flows

Meanwhile, Avalanche blockchain secured $41.75 million in daily inflows following behind Ethereums record $42.09 million—the highest figure.

The significant boost in liquidity reflected investors strong interest which may produce ongoing upward price trends.

Arbitrum network scored $13.52 million worth of invoices over the last day followed by Flare with $7.65 million and Base exchanging $6.94 million.

Positive transaction levels were recorded by blockchain networks Solana and Kujira, which received $1.51 million and $2.97 million, respectively.

Bera chain saw the biggest exits, reaching $7.91 million, while Scroll and BSCs rolled trades came to $4.02 million and $6.28 million, respectively.

Significant user inflows in AVAX signal potential to improve network operation and Decentralized Financial services (DeFi) use which could lead to a rise in price.

The perpetual stream of value necessitates persistent interest and demand upkeep to avoid reversals or a reversal of action.

While market conditions and overall sentiment caused ultimate price motion, this transaction information painted a good short-term scenario for AVAX price.