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AVAX Surges 16% in a Week, Resistance Breakout Confirmed


AVAX Surges 16% in a Week, Resistance Breakout Confirmed

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TL;DR

  • AVAX breaks above the $27 resistance, now consolidating as support with near-term targets beyond $30.
  • Analyst forecasts show a potential 70–75% breakout move, projecting Avalanche rally toward the $40–$42 range.
  • Avalanche Foundation plans $1B treasury firms as institutional adoption and on-chain activity continue rising.

Breakout Above Key Resistance

Avalanche (AVAX) has pushed above a major resistance zone, lifting its price to almost $29 after a strong week of gains. Daily trading volume stands at $1.79 billion, with the token advancing 8% in the past 24 hours and 16% over the last seven days.

Read the article at CryptoPotato

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