AVAX breaks below key support? MetaMask setup guide and latest market analysis

As of December 16, the Avalanche (AVAX) price closed at $12.33 after sustained pressure, down 7.2% intraday, failing to hold the key resistance zone between $13.00 and $13.30.

Despite the fragile short-term market sentiment, the fundamentals of the Avalanche ecosystem remain intact. Its C-Chain activity continues to rise, total value locked (TVL) remains growing, and the stablecoin supply has surpassed $1.5 billion.

01 Latest Market Developments: AVAX Key Level Lost and Ecosystem Resilience

Entering mid-December, the price trend of Avalanche (AVAX) has been a concern for many investors. Recent data shows that AVAX experienced significant volatility on December 16.

According to Gate platform data, as of December 16, AVAX was approximately $12.18, with a daily decline of 7.73%. The trading range during the day was between $12.13 and $13.30, highlighting intense market volatility.

From a broader cycle perspective, AVAX has oscillated between $12.87 and $14.63 over the past 7 days, with a weekly decline of about 2.4%. Looking at a monthly timeframe, AVAX has declined nearly 15% in total.

Trading activity has not decreased despite the price drop. Data shows that AVAX’s 24-hour spot trading volume increased by 41%, reaching $301 million, indicating intensified market competition at lower levels.

02 Core Operational Guide: Adding Avalanche to MetaMask

To use MetaMask on the Avalanche network, you first need to add the Avalanche network to your wallet. Here are the specific steps:

Log into MetaMask, click the network dropdown at the top, and select “Add Network” or “Custom RPC.”

Fill in the following Avalanche mainnet parameters in the respective fields:

• Network Name: Avalanche Mainnet
• New RPC URL:
• Chain ID: 43114
• Symbol: AVAX
• Block Explorer URL:

Click “Save,” and the Avalanche network will appear in your MetaMask network list, ready for switching at any time.

03 Asset Transfer Practice: Depositing AVAX into MetaMask Wallet

Once network configuration is complete, the next step is to transfer AVAX tokens into your MetaMask wallet. This process requires special attention to Avalanche’s three-chain structure.

Avalanche consists of three chains: Exchange Chain (X-Chain), Platform Chain (P-Chain), and Contract Chain (C-Chain). MetaMask is only compatible with the C-Chain.

If you hold AVAX on an exchange (like Gate), ensure you select the C-Chain when withdrawing. Since 2025, Gate has added support for Avalanche Contract Chain (C-Chain), allowing deposits and withdrawals via X-Chain and C-Chain.

Brief steps to withdraw AVAX from the exchange to MetaMask:

1. On Gate withdrawal page, select Avalanche (AVAX) as the withdrawal currency.
2. Choose “AVAX-C Chain” (Avalanche Contract Chain) as the withdrawal network.
3. Enter your MetaMask wallet address (starting with “0x”).
4. Confirm withdrawal details and complete security verification.

If you hold AVAX on Avalanche’s official wallet or other platforms, and funds are on the P-Chain or X-Chain, you need to transfer assets to the C-Chain via Avalanche wallet’s “Cross-Chain” feature before sending to MetaMask.

04 Market Deep Dive: Technical Structure and Market Outlook

Currently, AVAX’s technical structure shows clear bearish features. The price is trading below all major exponential moving averages (EMA), with the 20-day EMA near $12.45, the 50-day EMA near $12.75, the 100-day EMA close to $13.01, and the 200-day EMA around $13.29.

The Relative Strength Index (RSI) is around 27.8, indicating the market is oversold but no clear trend reversal signals yet. Bollinger Bands analysis shows AVAX price is tightly hugging the lower band at $12.07, suggesting extreme oversold conditions.

Analysts have differing views on AVAX’s future trend. Some models predict a short-term rebound to around $13.25, an approximately 8.8% increase. Medium-term, if key resistance levels are broken, AVAX could recover to the $14.50–$15.50 range within 30 days.

On-chain data shows signs of continued fund outflows. The spot market on December 16 experienced net outflows, reflecting ongoing selling pressure dominated by exchanges.

05 Gate Trading Guide: Depositing and Withdrawing AVAX and Platform Advantages

For Gate users, trading AVAX has become more convenient. The platform now fully supports Avalanche C-Chain deposit and withdrawal functions, allowing users to transfer AVAX directly from MetaMask to Gate and vice versa.

When trading AVAX on Gate, here are some practical tips:

First, use the platform’s real-time price charts and trading tools to monitor key levels closely. The $13 support and $15.5 resistance are critical levels to watch.

Second, considering the high volatility, a dollar-cost averaging (DCA) strategy may be more prudent than full-position entry. Some analysts suggest establishing an initial position around $12.10–$12.20, and adding more if the price rebounds to $12.80–$13.00.

Gate offers a rich selection of trading pairs and liquidity for AVAX, especially the AVAX/USDT pair, which typically has deep order books and tight spreads, suitable for traders of various sizes.

06 Ecosystem Expansion Features: Beyond Basic Trading

Beyond basic asset storage and transfer, connecting MetaMask to the Avalanche network unlocks broader ecosystem participation.

Through integration with services like Transak, MetaMask users can now convert AVAX and other assets directly within the wallet into fiat currency. This feature supports 10 blockchain networks, including Avalanche C-Chain, simplifying the process of converting crypto assets into traditional currency.

For developers or advanced users, Avalanche’s official recommended Core wallet offers deeper integration. Core not only comes pre-installed with Avalanche network connectivity but also supports cross-chain operations, NFT viewing, and direct AVAX purchases via MoonPay.

As Avalanche subnet ecosystems grow, more tools tailored for subnets and MetaMask integration are expected. Currently, users can add some subnets to MetaMask by configuring custom RPCs.

Future Outlook

As of December 16, on Gate, AVAX’s 24-hour trading volume remains high at $394.86 million. Technical charts show a clear downtrend extending from the $30 high, with each rebound facing resistance near $13.5.

Meanwhile, the stablecoin supply on Avalanche has quietly surpassed $1.5 billion, with mainstream stablecoins like USDC expanding their custody support on C-Chain, injecting silent but solid liquidity into the ecosystem. The bulls and bears continue their tug-of-war in every technical indicator and on-chain data point.