Is Avantis About to Soar Again? Or Are Whales Just Treading Water? Find Out!

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Well, well, well, if it ain’t the Avantis (AVNT) token, making a half-hearted attempt to recover from its downward spiral! In the last month, this coin has taken a nosedive of over 60%, and folks, it’s been a rough ride. Back in September, it was living the high life at nearly $2.66, but now? Well, let’s just say it’s struggling to even reach half that amount.

But hey, don’t go burying it just yet! It’s had a little bounce-back of more than 50% this week. But is that enough to turn the ship around? Only time will tell, but if Avantis is hoping to kick this bearish trend to the curb, it needs two things: whale support (yep, we’re talking big fish, not your everyday minnows) and a solid return to the $1 mark. Stick around as we dive into the nitty-gritty of how and why this matters.

Whales Still Missing In Action – No Big Money Flows Yet

The Chaikin Money Flow (CMF) indicator, which is supposed to tell us if those big, juicy whale wallets are moving in or out, is still giving us the cold shoulder. It’s like waiting for a party to start and realizing nobody showed up. The last time CMF was above zero was back in mid-September, when AVNT was on its way to hitting that sweet all-time high. But after CMF dipped below zero on September 26, well, things went south fast.

Fast forward to October 16-23, and CMF is still showing weak inflows, a lower low in fact. Large wallets are nowhere to be found. Sure, CMF is showing a little flicker of life, but it’s like a candle in the wind-barely hanging on.

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If Avantis is going to make a true comeback, CMF needs to get above zero and stay there. It tried on October 20, but that attempt fizzled out faster than a soggy firecracker. No whale support, no joy.

The Bull Bear Power (BBP) indicator is trying to be optimistic, though. Since October 20, it’s been flashing green, showing that buying pressure is slowly gaining ground. The green bars are getting bigger with each passing day, all thanks to Avantis’ increasing presence in the DeFi scene. But here’s the kicker: there’s a catch, and it’s a big one.

BBP needs to keep rising, and CMF needs to get its act together for small and big investors to join hands in harmony. Until then, any bullish bounce is just a speculative gamble. The stronger BBP candles might be a flicker of hope, but don’t expect them to burn down the house of month-long bearishness without some whale-sized support.

Price Patterns Might Be Bullish, But There’s a Sneaky Bearish Divergence Lurking

If we look at the 12-hour chart, AVNT’s price is stuck in a falling wedge, which, in a fairytale world, is supposed to be bullish. Lower highs and lower lows inside narrowing trendlines usually mean sellers are losing control, right? Well, hold on to your hats, because beneath that surface lies a bearish divergence. Oh yes, between October 10 and 21, while prices were dropping, the Relative Strength Index (RSI) was acting like it had a caffeine addiction, making higher highs.

This sneaky little divergence is the market’s way of telling us that the short-term price rally could be running out of steam. It’s like a sugar rush-looks good for a bit, but then… crash and burn. To avoid this doom and gloom, Avantis needs to close above $1.00. Do that, and we could be looking at $1.32, a key resistance that once acted as solid support before it fell apart.

And who knows? Maybe if Avantis can claim $1.32, it could even start eyeing a return to the glory days of $2.66. But let’s not get ahead of ourselves. If the price drops below $0.57, well, things could get ugly fast. A dive below that could take us down to $0.46, and the lower trendline of the wedge? It’s weak, folks, and breaking it could lead to a sharp correction, especially if CMF stays negative and BBP turns red.

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2025-10-24 18:07