AVAX Surges 16% in a Week, Resistance Breakout Confirmed

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.