Avalanche is starting to grab serious attention after traders like Crypto Tony called it one of the “next big uns to run.” The token has been pressing against a major breakout level, and with momentum steadily building in the low-$30s, many see this as the moment AVAX could finally break free.
Avalanche is pressing against its long-term descending trendline, with price action repeatedly testing this resistance since early 2022. The chart shared by analyst Jesse Peralta highlights how AVAX Avalanche price is now approaching the breakout point.
Avalanche is pressing against a multi-year trendline, with traders eyeing a potential breakout toward $70–$80. Source: Jesse Peralta via X
If a breakout confirms with strong volume, the measured move from this structure suggests a target in the $70 to $80 range, with Jesse Peralta eyeing the psychological $100 level as a potential stretch target. For now, reclaiming and holding above $40 remains the key trigger, as it would flip the descending resistance into support and validate the broader bullish outlook.
Data shared by CW8900 shows that Binance top traders have been steadily increasing their long exposure to Avalanche. Both the account-based and position-based long/short ratios are leaning higher, signaling that more participants expect price strength ahead. This shift comes as AVAX continues to trade just below its long-term descending resistance, where anticipation of a breakout has been building.
Binance top traders are steadily increasing long exposure on Avalanche. Source: CW8900 via X
The rising long bias highlights growing confidence among traders that AVAX Avalanche can hold its current base around the low-$30s. If this momentum carries through and price pushes above the $40 level, it could encourage further participation, setting up a broader move towards the $70 to $80 zone in line with the developing bullish outlook.
Avalanche is showing one of the cleaner technical setups in the altcoin market, with price breaking out from a long period of consolidation and now pushing toward higher Fibonacci levels. Analyst Chris highlights $80 as his target, which aligns with the 1.618 extension level visible on the weekly chart. The breakout has come with strong momentum through both the Ichimoku cloud and a key descending resistance line, signaling a structural shift in favor of buyers.
AVAX has broken through major resistance with momentum, with analysts pointing to $80 as the next key target. Source: Chris via X
The RSI has also been trending upward, reinforcing that momentum remains intact as long as AVAX Avalanche price holds above the $50 to $55 zone. A sustained close above this level would leave room for expansion into the $70 to $80 range.
Avalanche has extended its rally to trade around $35, marking an 87% gain as momentum continues to build. Analyst Big Cheds points out the token’s relative strength, with price breaking well above the $28 resistance that had capped upside attempts for weeks. The move was supported by multiple moving averages curling upward and price pushing outside the Bollinger Band midline, showing that buyers have been firmly in control of the trend.
AVAX has surged 87% to $35, with RSI strength and key supports fueling momentum toward higher resistance levels. Source: Big Cheds via X
This breakout now puts higher levels such as $39 and $43 into focus, with the $47 to $51 region emerging as the next key resistance zone. As long as AVAX holds above the recently flipped support at $28 to $30, the structure remains constructive. In context with the earlier breakout setups and bullish trader positioning, the current momentum reinforces the developing Avalanche price prediction of higher target.
Avalanche is standing at a major breakout momentum, with price action pressing right against the $40 barrier that has capped its rallies for years. Breaking and holding above this level wouldn’t just mark a short-term win, it would signal a structural shift, turning a long-standing ceiling into a foundation for growth.
What comes next will depend on how the market responds around those mid-$40 to $50 zones. If bulls can establish firm control there, the path to $70 to $80 opens wide, with $100 remaining the big stretch target in sight.
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