AVNT: To the Moon or Just a Blip? 🚀

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The DEX battle, as it turns out, wasn’t a battle at all. More of a… mildly aggressive disagreement. But Avantis (AVNT) seems to have remembered it has a flair for the dramatic. Which is frankly, exhausting for everyone involved.

It’s climbed a rather improbable 22% in the last 24 hours. A 62% weekly gain. Honestly, at this point, we’re beginning to suspect tiny, highly motivated hamsters are operating the exchanges. Meanwhile, AsterDEX (ASTER) is reportedly considering a career change. Perhaps interpretive dance.

Avantis flips market structure to bullish

On the charts, Avantis has pulled off a maneuver so audacious, so frankly unexpected, that it has broken the bearish structure that existed for a month. A month! It started correcting on October 24th – two weeks after some unfortunate liquidations afflicted the crypto sector. A coincidence? Probably not. The universe enjoys a good bit of irony. 🙄

The price raced through descending resistance, alongside the 50 SMA. A clear signal of… something. Probably directional change. The RSI divergence was bullish, registering a 68, apparently very pleased with itself.

Since December 19th, AVNT has been making higher highs and lows, defying all sensible expectations. It bounced off $0.32 on Christmas Day – Apparently even crypto doesn’t take a day off. It was a short-lived reprieve. Above the 50 SMA, though, merely a fleeting moment of optimism.

There’s some resistance around $0.40. Because of course there is. Apparently, it was a popular hangout for accumulators a month ago. It’s all quite civilized, really. A bit crowded, perhaps.

Breaking $0.40 could launch it towards $0.60, or potentially into orbit. A breakdown of the moving average, though? That would be…discouraging. A reminder that gravity still exists, even in the digital realm.

It wasn’t all just technical wizardry; pesky network activity was involved, too.

A sign of resilience?

Data from Avantis Analytics reports 3.77 million trades on Boxing Day. A weekly high. 15,272 trades already as of… well, now. Approximately every 0.0028 seconds. The sheer chaos of it all is breathtaking. 🤯

Volume followed suit, amounting to around $56 billion. With $1.2 billion total, $900 million of that betting on the upswing (longs) while $200 million nervously hedged its bets (shorts). Because one must always hedge. One really, really must.

Holders have also increased to 109.8k, a sizeable 26k jump in a month. Bulls are returning to trade this token, demonstrating impressive levels of optimism – or perhaps just a reckless disregard for potential losses.

Circulating supply has remained stubbornly consistent around 258.2 million since October. A limited supply. The token turnover is up 49.6% for the fully diluted value and 192% for the circulating supply. Because why not? It’s all numbers, after all, and numbers enjoy being large.

All things considered, the network activity supports the price increase. It even exceeded expectations from the AMBCrypto team, which, let’s be honest, are usually quite reasonable. Sometimes.

Technically, AVNT has turned bullish on both short and long term charts. However, a broader market slump might prove a troublesome pitfall to sustained appreciation. The universe is a fickle mistress, after all.

Final Thoughts

  • AVNT’s price has soared over 62% this week, transforming its previously grumpy price action into something resembling, dare we say it, happiness.
  • The rally has been driven by technical breakthroughs, excited holders, and an unsettling amount of network activity.

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2025-12-28 08:12