Avalanche AVAX Explodes 10% as Golden Cross Signals Major Bullish Rally

• Avalanche (AVAX) is heading in the upper direction with extreme bullish momentum.

• AVAX price has surged by almost 10% in the last 24 hours, suggesting buyer dominance.

Avalanche (AVAX) has performed a remarkable feat, making a strong recovery that has drawn both technical analysts and crypto enthusiasts. Altcoin has risen about 10% over the past 24 hours as per the CoinMarketCap data, and is currently trading at a high of $28.76, which is a big breakout of its recent period of consolidation.

The most striking change on the daily chart of AVAX is the creation of a golden crossover, a positive technical indicator that takes place when the 50-day exponential moving average (EMA) surpasses the 200-day EMA. This crossover with the 50-day EMA at $24.14 and the 200-day EMA at $23.71 indicates that the momentum has shifted to bullish territory. Technical analysts consider the golden cross to be one of the most effective bullish signals, and in most cases, it comes before long-term upward price changes.

The price movement of AVAX over 2025 has been marked with high volatility, as the token has been registering substantial drawdowns during the summer period before hitting solid grounds in the $16-$18 area in July. It has been an impressive recovery that started in late July, and the price slowly recovered above key moving averages and made higher lows, which shows increasing buying pressure.

What Next For AVAX Price?

The technical indicators are sketching a more optimistic picture. MACD (Moving Average Convergence Divergence) has become positive, and the MACD line crossed the signal line, indicating that the bullish momentum is gaining. The RSI value of 65 shows that the buying pressure is healthy and not overbought yet, which leaves the potential for additional upward movement. 

Moreover, market sentiment has moved conclusively to the positive, and the sentiment indicator has recorded high green values, which are quite opposite to the negative sentiment felt in the summer decline.

The recent breakout above the resistance level of $26 and the golden cross formation indicate that AVAX may be undergoing a new bullish stage. Traders will be keen on whether the token can continue to gain momentum above the $28 mark and even test the psychological barrier of the $30 mark. The combination of favourable technical factors, the rise in sentiment, and the large golden cross pattern gives a strong argument for further upward movement of the AVAX price pattern.

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