AVAX Avalanche price is back in focus as price action trades tightly beneath a major resistance zone. Market watchers believe the compression around $27 to $28 has created the kind of setup that often leads to expansion, with buyers repeatedly defending the $21 to $22 floor.
Avalanche is showing strong compression on the daily chart, with price coiling just under the $27 to $28 resistance zone. This level has been tested multiple times since April, and the repeated rejections have now created a tightening structure that often precedes expansion. On the downside, the $21 to $22 region has acted as reliable support, preventing deeper corrections and giving bulls a solid base to build from. As long as AVAX continues to respect this range, the setup leans in favor of buyers.
Avalanche coils under the $28 resistance, with compression hinting at a breakout toward the $50 zone. Source: Crypto Feras via X
If the breakout above $28 confirms, the next logical target sits around $50, aligning with the measured move from the current consolidation pattern. This would also bring price back to the mid-2022 supply zone, a key technical milestone for AVAX.
Adding to the bullish pattern, analyst Pound argues that the Avalanche breakout is not just possible but inevitable. The market has spent weeks absorbing pressure beneath resistance, with each dip into the $21 to $22 support zone quickly defended by buyers. This kind of price action often signals accumulation rather than distribution, which helps build the case for a stronger upside push once momentum aligns.
Avalanche’s current price is $24.68, up 1.21% in the last 24 hours. Source: Brave New Coin
If Avalanche clears the $28 ceiling with strength, the stage is set for a larger expansion toward the $40 to $50 range. The broader market backdrop, with capital beginning to rotate into altcoins, adds another layer of strength to this AVAX Price Prediction.
Fresh on-chain data shared by Marc Shawn Brown highlights that daily transactions on Avalanche have nearly tripled in the last month, now averaging close to 1.9 million. This sharp rise in activity shows growing demand for AVAX’s network.
Avalanche’s daily transactions have surged to nearly 1.9 million, tripling in a month. Source: Marc Shawn Brown via X
When transaction volumes accelerate in this way, it often reflects strengthening fundamentals that can support a breakout once technical resistance levels are cleared.
CryptoBullet’s weekly update puts Avalanche in the spotlight, showing a potential ABC corrective structure. The chart suggests that the “B” leg has bottomed around the $22 to $23 region, where price has been consolidating for weeks. If this pattern plays out, the “C” leg could propel AVAX back into the $100 to $130 resistance zone, an area that almost aligns with AVAX’s ATH.
Avalanche’s ABC corrective setup signals a potential move towards the $100–$130 resistance zone, aligning with its previous ATH. Source: CryptoBullet via X
Avalanche has been trading with improving relative strength compared to Bitcoin’s dominance. The broader context of a possible altseason cycle adds weight to the AVAX Price Prediction, hinting that it could benefit from fresh capital rotation.
The announcement that Bitwise has officially filed for an Avalanche ETF out of Delaware marks a potential turning point for AVAX. An ETF listing not only legitimizes the asset in the eyes of institutional players but also provides access for traditional investors to gain exposure.
Avalanche gains fresh momentum as Bitwise files for an AVAX ETF, boosting prospects of a breakout toward triple-digit targets. Source: voh via X
Historically, ETF filings have acted as strong catalysts, and in Avalanche’s case, this could unlock new liquidity streams. If buying pressure coincides with the ongoing technical compression near $27 to $28, AVAX could see momentum accelerate far beyond short-term breakout levels.
Looking ahead, the ETF narrative strengthens the argument for Avalanche targeting triple-digit prices. With resistance levels around $50 and $75 as key stepping stones, a confirmed ETF approval could pave the way for a sustained move towards the $100 to $130 zone.
Avalanche is lining up all the right signals at once, tight technical compression, a surge in on-chain activity, and now the ETF narrative stepping into play. This mix gives AVAX more than just a typical breakout setup; it gives it momentum that could attract both retail traders and institutions at the same time.
If the $28 ceiling breaks, Avalanche Price Prediction would point toward a move into the $40 to $50 zone as the first real expansion target. Beyond that, stepping stones around $75 and $100 could quickly come back into view, especially if ETF approval is made.
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