Avalanche was chosen as the first network for the expansion of the Aave V4 protocol, propelling AVAX’s price to $6.51 with a 4.5% gain in 24 hours. The token is currently consolidating within a $5.80 to $6.80 range, where it has oscillated since early June 2026. Daily technical indicators, including OBV and RSI, do not confirm a sustained uptrend, with neither buyers nor sellers establishing clear dominance. The 4-hour chart shows short-term momentum improving, with RSI at 56 and MACD crossing above its signal line, but this dynamics could remain a temporary spike without breaching the zero line and without daily confirmation.
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