Avantis stages comeback after pullback to $0.90 | Credit: Hameem Sarwar
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Key Takeaways
AVNT broke above a symmetrical triangle, with BBP flipping positive.
Open Interest has climbed above $111 million, strengthening the bullish bias.
Failure to defend the $0.91 support could send AVNT’s price back to $0.72
After sliding from its record high earlier this week, Avantis (AVNT) has staged a comeback. In the past 24 hours alone, the AVNT price has jumped 24.54%, retesting the $1.15 level.
At the same time, Open Interest (OI) has also climbed. In this analysis, CCN breaks down what AVNT’s rebound could mean in the short term —and whether the momentum is strong enough to extend.
Avantis Breaches Resistance
As CCN reported earlier, multiple exchange listings were a key driver of Avantis’ surge earlier this week. However, by Wednesday, Sept. 15, the token had pulled back to $0.90, losing momentum.
However, AVNT’s price has bounced again and now sits 27% away from retesting its all-time high.
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On the 4-hour chart, this rebound came as bulls pushed the price above the upper trendline of a symmetrical triangle, signaling renewed strength.
The shift is also reflected in the Bull Bear Power (BBP). After turning negative earlier in the week, the BBP has now flipped positive, printing green histogram bars that confirm buyers are regaining control.
If momentum holds, the Avantis price could retest resistance at $1.26. However, this scenario depends on bulls ability to defend the support at $0.91.
Rising OI alongside a price rebound typically signals renewed trader participation and stronger market conviction. It shows that fresh capital is flowing into derivatives, which can amplify momentum if bullish positions dominate.
If the current trend continues, AVNT’s price could break through higher resistance levels. However, the momentum may not end there.
Co-founder Harsehaj Singh highlighted the platform’s strength, noting that Avantis has reached an all-time high in both Open Interest (OI) and daily fees, with 100% of fees returned to liquidity providers (LPs).
In a statement to the community, Singh added that the team is actively working on scaling the platform and optimizing its core feature.
“All-time high OI and daily fees (100% fees going back to LPs) on Avantis. Bear with us as we scale the platform, expect further optimizations to increase in serviceable OI, borrow fees (will be less “spiky” over time), and reduce minimum leverage for ZFP for improved accessibility,” He stated.
AVNT Price Prediction: $2 On the Way
On the 2-hour chart, AVNT’s price has broken out above a descending channel, signaling a potential trend reversal. Supporting this move, the Chaikin Money Flow (CMF) has climbed into positive territory at 0.06, showing that capital inflows are starting to dominate.
At the same time, the Awesome Oscillator (AO) has flipped back into the green, reinforcing the view that bullish momentum is building.
If this trend holds, AVNT could rally toward a new high of $1.60. In a highly bullish market condition, the breakout could extend as far as $2.47.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
