Avalanche is holding strong near key support, with participants eyeing a breakout above $27 that could spark its next major rally.
Avalanche is showing signs of heating up again, with both price action and on-chain data pointing to a potential breakout. After holding firm around $23 and carving a steady higher-low structure, AVAX is now likely to press into the critical $27 resistance zone.
Avalanche Network Activity Signals Fresh Upside for AVAX
Avalanche has just logged a record-breaking day with over 20 million transactions, underscoring the network’s accelerating growth and utility. Daily activity has surged more than 275%, showing that adoption isn’t just steady, it’s scaling fast. This on-chain strength reflects rising demand across Avalanche’s ecosystem.
Crypto analyst realwarrior313 believes that for the AVAX community, such metrics are critical because sustained usage often lays the groundwork for price stability and stronger rallies ahead. If network fundamentals remain such strong, it’s likely to lead to a price appreciation for AVAX ahead.
AVAX Price Consolidates Before Key Resistance Test
AVAX is holding firm around the $23 level, showing resilience after multiple retests of local support. The chart from Arslan.avax highlights a clean higher-low structure since July, with momentum gradually building towards the critical $27 resistance zone. A breakout above this threshold could confirm the start of a new bullish leg, opening the door to targets in the mid-$30s and eventually the $40 to $45 range.
AVAX holds strong near $23, with rising network activity signaling a potential breakout towards $27 and beyond. Source: Arslan.avax via X
On-chain metrics are also supporting this technical setup. Daily active users and transaction volumes continue to climb, showing that Avalanche’s recent network growth is translating into market strength. If bulls manage to reclaim $27 with conviction, the technicals and on-chain alignment could drive a sustained move higher, potentially leading to a bullish AVAX price prediction.
Institutional Demand Fuels AVAX Narrative
Big money is starting to eye Avalanche in a serious way. Steven9000 points out that multiple companies are preparing to raise hundreds of millions specifically to purchase AVAX, hinting at a wave of treasury-driven adoption. This signals that institutional players may view Avalanche not just as a speculative play but as a long-term infrastructure bet. If these inflows materialize, they could provide a strong demand base that helps AVAX hold critical supports while also amplifying its upside potential once momentum kicks in.
Adding to the narrative, scottmelker highlighted that Anthony Scaramucci’s SkyBridge Capital is set to tokenize $300M on Avalanche. Moves like this reinforce AVAX’s growing role as a preferred platform for real-world asset tokenization and institutional finance. When combined with the network’s surging on-chain activity and bullish technical structure, these developments point to a convergence of fundamentals and capital flows that could make Avalanche one of the standout performers.
AVAX Price Prediction: Bullish Order Block Rebound in Focus
On the 4H chart, AVAX has tapped directly into a bullish order block around the $22.9 zone, a level that now serves as critical support for momentum. This technical area aligns with a broader accumulation range, suggesting that downside pressure could be limited as long as this floor holds. The reaction here is key, if price respects this order block, the setup favors a swift retracement higher toward the $25 to $26 range. Momentum indicators are also showing oversold conditions, further supporting the case for a rebound.
AVAX rebounds from a key $22.9 order block, with oversold signals hinting at a potential push towards $25 to $26. Source: Miles via X
Zooming out to the weekly chart, the structure looks even more compelling. After years of consolidating within descending channels, AVAX is breaking free with a clean higher-low formation. The chart outlines a first target around $54, with a broader target range extending toward $81 and potentially $146 if trend continuation unfolds.
Avalanche’s AVAX weekly chart signals a breakout, with upside targets stretching from $54 to as high as $146 if momentum continues. Source: Miles via X
The alignment of higher-timeframe breakout signals with short-term bullish order block support makes Avalanche’s setup increasingly attractive. If buyers can push through the immediate $27 resistance, it could unlock a stronger mid-term rally, with both technicals and network fundamentals pointing to higher valuations.
Final Thoughts
Avalanche is entering a decisive phase, with price action and on-chain metrics pointing to the possibility of a bigger move ahead. The $27 resistance remains the immediate hurdle, but if bulls manage to clear it with conviction, momentum could accelerate quickly toward the $35 to $45 range.
Coupled with record-breaking network activity and rising institutional interest, AVAX seems well-positioned to capture broader market attention in the weeks to come.
Source: https://bravenewcoin.com/insights/avalanche-avax-price-prediction-bulls-eye-breakout-above-27-with-targets-at-45