Avalanche (AVAX) Price Prediction: AVAX Slips Near $6.71 as ETF Removal, Bearish Patterns, and $6.50 Support Put Bulls Under Pressure

AVAX price is trading near $6.71 after falling around 1% over the past 24 hours, based on Brave New Coin data. The move keeps AVAX close to a short-term support zone, but the latest market signals are not fully supportive of bulls.

The biggest sentiment hit comes from the Bitwise update. Wise Advice shared that Bitwise added HYPE to its Bitwise 10 Crypto Index ETF, while AVAX was removed at the same time.

This matters because index inclusion can help an asset stay visible to institutional investors. Removal does not mean AVAX has no long-term value, but it does add pressure at a time when price action is already weak.

For Avalanche, the timing is not ideal. AVAX price is already trading near lower levels, and this kind of headline can make traders more cautious about buying too early.

AVAX price is currently trading close to $6.71, with the recent high near $6.79 and low around $6.68. That leaves the token sitting in a tight short-term range, where the next move depends on whether buyers can defend the lower area.

AVAX is trading near $6.84, down 2.71% over the last 24 hours. Source: Brave New Coin

The problem is that AVAX is not showing strong upside follow-through. Each bounce is still running into resistance quickly, and price remains vulnerable while it trades below the $6.90 to $7.00 region.

If bulls want to change the short-term picture, AVAX needs to reclaim $6.90 first. A move above $7.00 would be more meaningful because it would reduce the pressure from the recent bearish setups.

A chart shared by CryptoLogic showed AVAX price moving into a weak area, with possible downside levels around $6.50 and $6.30. The idea is that price may still need to sweep lower liquidity before finding stronger buyers.

This fits the current structure because AVAX has been moving sideways without strong volume. If the $6.65 to $6.60 area fails, the next reaction zone could be around $6.50.

Below that, the $6.34 to $6.30 region becomes more important. That area could act as the next major support if sellers stay in control.

AVAX approaches the $6.50 and $6.30 downside zones as sellers maintain pressure. Source: CryptoLogic via X

Crypto Nuclear pointed to a bearish scenario on the 8-hour chart, suggesting that AVAX could drop further 5% if the price breaks below the support line of the current pattern.

The chart shows AVAX trading inside a rising structure after a sharp decline. In many cases, these setups can turn into bearish continuation patterns if price breaks the lower trendline. The key level to watch is around $6.00 to $5.65. If AVAX breaks below that area with momentum, the short-term target could move closer to $6.25 and then $6.00.

AVAX risks a deeper drop towards $5.65 if the 8-hour support trendline breaks. Source: Crypto Nuclear via X

Another chart from Crypto With Gopal shows AVAX forming a possible head-and-shoulders pattern after an extended rising wedge. This suggests that bullish momentum may be fading near resistance. The right shoulder appears to be forming near the $6.80 to $6.90 area, while the breakdown zone sits closer to the lower part of the structure. If the price loses the neckline, sellers could gain more control.

AVAX forms a possible head-and-shoulders pattern, with $7.00 acting as the key invalidation level. Source: Crypto With Gopal via X

For bulls, the invalidation is clear. AVAX price needs to move back above $7.00 and hold there. Until that happens, the head and shoulders setup keeps the short-term outlook cautious.

AVAX price is currently price is in a fragile zone where both buyers and sellers are testing control. The price structure shows hesitation, with neither side fully dominating, making the next move highly dependent on how AVAX reacts around nearby levels.

Here are the most important zones to monitor:

• $6.70 to $6.65: short-term holding area where buyers are attempting to stabilize the price
• $6.55: early warning level that signals weakening support if broken
• $6.40 to $6.30: stronger demand zone where buyers may step in more aggressively
• $6.85: initial resistance that needs to be cleared for any recovery attempt
• $7.00 to $7.10: key breakout region that could shift momentum back to the upside
• $7.40: higher resistance if bullish momentum builds

If AVAX manages to stay above $6.65 and push through $6.85, it could begin forming a short-term recovery structure. However, losing $6.55 would likely increase selling pressure and open the path towards the $6.40 to $6.30 support range.

AVAX price is still trying to hold support, but the current setup remains cautious. The Bitwise removal adds negative sentiment, while multiple technical charts point to further downside risk if AVAX loses the $6.60 to $6.50 region.

The bullish case is not completely gone, but it needs confirmation. AVAX price must reclaim $6.90 and push above $7.00 to show that buyers are taking control again.

Until then, the Avalanche price prediction remains weak in the short term. A hold above $6.60 could keep AVAX stable, but a breakdown may open the door for a move towards $6.50, $6.30, and possibly the $6.25 to $6.00 zone. If selling pressure continues and broader market conditions stay weak, AVAX could even extend its decline towards the $4 to $3 range before forming a major long-term bottom.