<ul data-eligibleForWebStory="false">Avalanche (AVAX) is trading near $17.39 with a $7.33 billion market cap and $277.75 million volume.Breaking the $18.60–$19 resistance could lead to a bullish reversal targeting $27; failure could risk a decline to $16 support.Analyst EWcycles projects AVAX’s Elliott Wave 3 target at $85, potentially extending to $211–$250 range.AVAX is currently within a falling bearish channel, but a breakout above $19 may signal a trend reversal and bullish momentum.