AVAX Surges 45%, Is a 280% Rally to $126 Next?

 Key Insights:

  • AVAX surged 45% in recent weeks, trading at $32.61 with rising trading volume and momentum.
  • Analysts highlight $30–32 support as critical, with mid-term targets between $50 and $54 range.
  • Breakout projections point to $126, with extension targets up to $324 if momentum continues. 
AVAX Surges 45%, Is a 280% Rally to $126 Next?
AVAX Surges 45%, Is a 280% Rally to $126 Next?

Avalanche (AVAX) has seen strong momentum in recent weeks, with price climbing nearly 45% from earlier lows. The token is now trading at $32.61, supported by a daily volume of $1.66 billion. Over the last 24 hours, AVAX is up 10%, while gains over the past week total 12%.

The move comes after a prolonged consolidation phase, where buyers gradually regained control. The breakout has placed AVAX back on trader watchlists as momentum builds across the broader Layer 1 sector.

Breakout Target Points to $126

Chart projections shared by JAVON⚡️MARKS highlight a breakout target of $126.03, which would represent an additional 280% upside from current levels. Another extension level is noted higher at $324.24, suggesting the possibility of even larger gains if bullish momentum continues.

As noted, “another +280% run could take place” if AVAX maintains strength. The move reflects a broader technical reversal pattern, with price establishing higher highs and breaking clear of its long-term downtrend.

Key Support and Resistance Levels

According to analysis from Ultimae GL, the $30–$32 zone has become a critical support area. Holding above this range is viewed as essential for sustaining bullish structure. The weekly chart shows consecutive green candles, confirming steady buying interest.

The next resistance area is seen around $50–$54, representing a potential 70% increase from current levels. Analysts argue that holding above $30–$32 could allow AVAX to build momentum toward this target before any larger extension. 

 As one commentary noted,

 “If the $30–32 range holds, the mid- to long-term outlook points to a move toward $50–54.”

Source:  Ultimae GL/X
Source:  Ultimae GL/X

Outlook for Traders

With both short- and mid-term charts aligned, market focus is on whether AVAX can sustain its recovery trend. The rally above $32 has improved sentiment, but traders are monitoring the strength of support zones closely.

A confirmed breakout toward $50–$54 would strengthen the case for a larger move to $126.03, while failure to hold above $30 could slow momentum and lead to renewed consolidation. For now, AVAX remains in a bullish posture as it tests key levels that will define its next stage.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/analysis/avax-surges-45-is-a-280-to-126-next/