Avalanche Wave Analysis – 19 June 2026

Avalanche: ⬇️ Sell

– Avalanche broke pivotal support level 6.20

– Likely to fall to support level 5.000

Avalanche cryptocurrency recently broke sharply below the pivotal support level 6.20, which reversed the price multiple times from the start of June.

The breakout of the support level 6.2 accelerated the active short-term impulse wave v, that belongs to wave 3 from May.

Given the strong daily downtrend, Avalanche cryptocurrency can be expected to fall further to the next round support level 5.000 (target for the completion of the active impulse wave 3).