AVAX has broken above the key $27 resistance, setting the stage for a potential 20–30% rally.
AVAX is breaking out above the $27 level, a move that market watchers say could open the door to a potential 20–30% rally. This breakout has shifted market sentiment after multiple rejections at the same zone, turning old resistance into fresh support.
AVAX Finally Breaks Out After Multiple Rejections
In a major development, AVAX price has finally succeeded in breaking past the $26 to $27 resistance zone after several failed attempts over recent weeks. This area had acted as a strong ceiling, capping every rally since mid-summer. With the breakout confirmed, AVAX now shows a shift in market structure, where prior resistance could turn into support if bulls manage to defend the retest. The chart highlights strong momentum behind the move, with a decisive green candle closing above the barrier.
AVAX breaks above $27 resistance, signaling fresh momentum with targets set towards $30–$34. Source: Jesse Peralta via X
Analyst Jesse Peralta points out that the immediate upside target sits near $30, which aligns with the next technical resistance on the chart. Beyond that, sustained strength could extend towards $32 to $34, though much depends on volume follow-through and market-wide sentiment.
Avalanche Pushes for $1B Capital Raise
Avalanche is making headlines again as reports surface that it is seeking to raise $1 billion through two crypto treasury companies. The funds are planned to be used for purchasing millions of AVAX tokens at a discount, a move that could provide a significant supply shock to the market.
Avalanche seeks to raise $1B for discounted AVAX purchases. Source: CryptoRus via X
Such large-scale treasury activity adds weight to the bullish narrative building around Avalanche, especially after its recent technical breakout.
This kind of institutional-style funding often signals deeper confidence in the project’s long-term value. If the capital raise comes through, it could tighten available supply while increasing demand at a crucial moment for AVAX’s chart structure. Following the breakout above $27, pairing strong technicals with a $1B treasury push gives Avalanche a foundation for further upside momentum.
AVAX Support & Resistance Levels
AVAX had a standout day as the price extended its breakout move, pushing higher with conviction and leaving latecomers on the sidelines. The breakout from its consolidation wedge is adding momentum, with immediate support now forming around $27.50 to $28, which was the previous resistance zone. Holding above this area keeps the structure intact and signals that buyers are defending their gains.
Avalanche’s current price is $29.43, up 13.43% in the last 24 hours. Source: Brave New Coin
$31.82 is the next key resistance to watch. A clean move through that level could open the door towards $34 and beyond, though a retest of the new support can’t be ruled out in the short term. For now, AVAX Avalanche price remains favorable to bulls, but those waiting on the sidelines may only get their chance if the price pauses for a pullback.
AVAX On-Chain Activity Explodes Higher
Avalanche’s on-chain story is starting to move in sync with its price breakout, adding another layer of strength to the bullish case. Daily active addresses have surged an eye-catching 4000% in just three months, showing a momentum in new network activity. This kind of spike often aligns with fresh adoption, liquidity flow, and more real demand, which can create strong tailwinds for the chart.
Avalanche’s daily active addresses soar 4000% in three months, reinforcing the bullish momentum behind AVAX’s breakout. Source: Jesse Peralta via X
Analyst Jesse Peralta points out that such on-chain acceleration rarely comes without impact on price action. With AVAX recently pushing through its multi-week resistance around $27 and eyeing $30 to $32 as the next zone, the timing of this surge in active users couldn’t be more supportive.
AVAX Price Prediction: Momentum Points Higher
AVAX continues to deliver strength on the charts, with price breaking firmly out of its multi-week consolidation zone. The move above $27 to $28 has shifted market sentiment, turning previous resistance into fresh support and leaving the path open for further upside. Analyst Nigma highlights how the breakout structure now carries a bullish tilt.
AVAX price secures a breakout above $27–$28, with analyst now eyeing targets between $31 and $36 if momentum holds. Source: Nigma via X
If momentum sustains, the next upside levels to watch sit around $31 to $32, which lines up with historical supply areas. A clean move through that zone could open the door toward $34 and possibly $36 in extension. With both technicals and on-chain metrics aligning in Avalanche’s favor, the AVAX price prediction leans bullish, as market structure continues to signal room for higher expansion.
Final Thoughts
Avalanche’s latest breakout above $27 has given bulls exactly what they’ve been waiting for: a clear shift in momentum and a fresh support base to defend. With on-chain activity exploding and a potential $1B capital raise in play, the pieces are lining up for a strong AVAX Price Prediction.
The technical chart is showing clean continuation, and if buyers keep control, levels at $31 to $34 look very achievable in the near term.