Avalanche (AVAX) Breakout Imminent? $36 Target If $27 Cracks
TL;DR
- AVAX is testing key resistance at $27; a breakout may open the path toward the $33–$36 upside zone.
- The price dipped below the 9-day SMA; the RSI, retreating from near-overbought levels, suggests possible buyer exhaustion.
- FIFA’s Layer-1 project on Avalanche adds long-term ecosystem value and broader institutional visibility.
AVAX Tests Major Resistance Around $27
Avalanche (AVAX) is back near a price level that has stopped rallies before. The $27 mark has acted as a cap in past trading, with the most recent rejection happening in March. If the current move breaks above that level, the next area on the chart sits near $36. Analyst Ali Martinez pointed this out on social media, saying a clean break could lead to a quick push higher.
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Avalanche (AVAX) Breakout Imminent? $36 Target If $27 Cracks
TL;DR
- AVAX is testing key resistance at $27; a breakout may open the path toward the $33–$36 upside zone.
- The price dipped below the 9-day SMA; the RSI, retreating from near-overbought levels, suggests possible buyer exhaustion.
- FIFA’s Layer-1 project on Avalanche adds long-term ecosystem value and broader institutional visibility.
AVAX Tests Major Resistance Around $27
Avalanche (AVAX) is back near a price level that has stopped rallies before. The $27 mark has acted as a cap in past trading, with the most recent rejection happening in March. If the current move breaks above that level, the next area on the chart sits near $36. Analyst Ali Martinez pointed this out on social media, saying a clean break could lead to a quick push higher.
Read More
Will AAVE Hit $600 or Fall to $230? Traders Split