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Avalanche (AVAX) price rebounds above $7, showing bullish momentum despite Bitcoin's recent dip.

Technical Signals
07 Sep 2026
AMBCrypto
View Source
Bullish
Avalanche (AVAX) price rebounds above $7, showing bullish momentum despite Bitcoin's recent dip.

Avalanche (AVAX) retested the $7 resistance zone in late August and began a bullish move in early September, pushing toward $8 despite Bitcoin's recent drop below $80k. Rising spot CVD, increasing Open Interest, and positive Funding Rates indicate strong market confidence. The price trend is supported by record Aave V4 deposits on Avalanche and a daily RSI of 66.6, signaling upward momentum. However, balanced buyer-seller volume and a broader bearish swing since June suggest caution. A breakout above $8.1 could extend gains toward $8.65 and $9.46, while maintaining support above $7.1 is key for continued bullishness.

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