AVAX Adds 4% as $22 Support Zone Holds

Avalanche’s AVAX AVAX token has established strong support around the $22 level, successfully defending against multiple downward tests, according to CoinDesk Research's technical analysis model.AVAX is up 4% in the last 24 hours, outperforming the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins and exchange coins — which has risen 2.5% in the same period of time.Technical Analysis• AVAX established a key high-volume support zone around $22 source: https://www.coindesk.com/markets/2025/06/11/avax-adds-4-as-22-support-zone-holds