Avalanche (AVAX), Toncoin (TON), and Kaspa (KAS) - can they recover? | Headlines | News | CoinMarketCap
04/22/2025 18:31
The altcoins have been badly hit in this current bull market. Will Avalanche (AVAX), Toncoin (TON), and Kaspa (KAS) be able to recover? Can $AVAX …
The altcoins have been badly hit in this current bull market. Will Avalanche (AVAX), Toncoin (TON), and Kaspa (KAS) be able to recover?
Can $AVAX burst through resistance and the downward trend?
Source: TradingView
$AVAX was one of the premier altcoins in the 2021 bull market. It rose to a stunning high of $147 at the top of that market, and has dwindled to a current $20 despite this bull market potentially reaching its top towards the end of 2025 or the beginning of 2026.
Can $AVAX bulls step in and save this promising layer 1 network? That is in the hands of the Gods. However, as things stand, a lot needs to be done just to get back to the last local high at $55.
The price is up against some big horizontal resistance levels at $20, and $22. Given that the Stochastic RSI (at …