Avalanche (AVAX) is drawing competing outlooks from market analysts as the token's recent recovery is tested by continued selling pressure across the altcoin sector. Trader Michael van de Poppe expects another correction and views $8 as a potential buying level, while analyst Giannis Andreou sees a possible move toward $15 if key support holds. The October 21 Binance chart shows the token trading at $9.743, placing the price between the key levels that anchor each analyst's scenario.

Analysts Identify Critical Support Levels for AVAX

Van de Poppe attributed weakness in the altcoin market to uncertainty across cryptocurrency markets. He said that Bitcoin regaining momentum could restore strength across altcoins, and identified $8 as the level at which he would consider buying AVAX. His framing makes AVAX's near-term direction dependent on broader market conditions rather than token-specific factors alone.

Andreou highlighted the $8.50–$8.90 zone as important support following AVAX's break above descending resistance. He identified $8.70 as a level that could support further gains if buyers defend the rising trendline. However, a daily close below $8.50 would weaken his bullish outlook and increase the risk of a deeper pullback. His analysis places the next recovery hurdles at $9.10–$9.60 and $10.00–$10.50.

The two outlooks overlap in the same price region: van de Poppe's $8 accumulation level sits just below Andreou's $8.50–$8.90 support zone, giving that area significance under both the bullish and bearish scenarios.

AVAX Chart Shows Improving Short-Term Momentum

The four-hour Binance chart dated October 21, 2026, shows AVAX gaining $0.041, or 0.42%, to reach $9.743. The token had climbed from approximately $7.20 to above $11.50 in late September before entering an October downtrend, a sequence that explains why the current price sits well below the late-September high even as short-term momentum improves.

Recent price action places immediate support at $9.50–$9.60, with $9. below that zone. On the upside, resistance stands at $10.00 and $10.30–$10.50, followed by $11.00.

Momentum indicators point to improving short-term conditions. The Relative Strength Index (RSI) reads 50.27, above its moving average of 44.54. Meanwhile, the MACD stands at 0.035, with the MACD line at -0.068 above the signal line at -0.103. Both MACD lines remain below zero despite the bullish crossover, meaning the improvement is unfolding from negative territory while the price still trades below the chart's upper resistance bands.

AVAX Price Targets Reach $15 if Resistance Breaks

Andreou identified $11.00–$11.95 as the next target zone once AVAX clears $10.50. Further resistance sits at $12.50–$13.20, followed by $14.50–$15.20. A rise from $8.70 to $15 would represent approximately 72% upside.

The chart's recovery remains vulnerable, however, if AVAX loses $9.50 support, a break that could expose $9.00. Trading volume stands at 240.48K AVAX.

The levels the analysts themselves flagged now form the practical watchlist: whether buyers hold $9.50, whether a daily close stays above $8.50, whether AVAX clears $10.50 to open the $11.00–$11.95 zone, and whether Bitcoin regains the momentum van de Poppe views as a precondition for renewed altcoin strength.

Source: Cryptofrontnews