AVAX, the native token of the Avalanche blockchain, is trading below every major moving average on the daily chart. Momentum indicators are pointing lower, and technical analysts expect the token to test the $8.50–$8.86 support zone within the next seven to ten days.
What the indicators show
When an asset trades under its 50-, 100- and 200-day moving averages, it's a textbook sign of bearish pressure. AVAX has been stuck in that territory for several sessions. The relative strength index and other momentum gauges are also negative, suggesting sellers still have the upper hand. No clear reversal signal has appeared yet.
Why the $8.50–$8.86 zone matters
That price band has acted as a floor in the past. If AVAX holds above it, the short-term downtrend could pause. A break below, though, would open the door to deeper losses—possibly into single-digit territory not seen since late 2023. Right now, the token is within striking distance of that range, making the next week critical for traders watching the charts.
Timeframe for a potential test
The analysis points to a 7-to-10-day window. That's fast enough that traders are already adjusting positions. Volume has been steady but not panic-driven, which means the move could be methodical rather than a crash. Still, with no positive catalyst on the horizon, the path of least resistance appears lower.
For now, the question is whether buyers step in near the support zone or let it break. The next ten trading days should provide the answer.
