AVAX price is gaining traction after reclaiming key support and sparking bullish momentum, with the price eyeing a breakout above the $35 level.
AVAX price starting to draw serious attention after bouncing cleanly off its 200-day moving average and breaking out of a key downtrend. Market participants now say the token could be gearing up for a breakout that sends it toward the $50 mark, a move that would represent over 40% upside from current levels.
AVAX Price Reclaims the 200-Day
AVAX price is showing early signs of resilience, with the price once again bouncing cleanly off the 200-day moving average. As highlighted in TrendFi’s chart, this marks multiple successful retests of this key dynamic support, reinforcing the idea that bulls are still protecting the broader trend structure. The 200d sits near $22.70, and so far, AVAX has defended that level with conviction.
AVAX holds firm above the 200-day moving average, signaling renewed bullish strength after multiple successful retests. Source: TrendFi via X
While the daily RSI hovers in a healthy mid-range, momentum has yet to fully kick in, suggesting there’s room for another leg if the trend holds. The price also remains within the broader ascending structure from May, and a reclaim of $24.50 could reopen targets toward the $28 to $30 zone.
AVAX Price Prediction: $35 Breakout Could Trigger Rally Towards $50
Following the clean defense of the 200-day moving average, AVAX price now appears to be setting its sights on the next big breakout zone. As seen in Jesse Peralta’s chart, the price has decisively broken above the long-standing descending trendline, turning a key area of previous resistance into a launchpad. The breakout structure is clean, and the compression range between $21 to $26 now serves as a bullish consolidation zone.
AVAX breaks out above a long-standing trendline. Source: Jesse Peralta via X
A confirmed move above the $35 region would clear the final hurdle before opening room toward the $50 target. Momentum is gradually aligning with price action, and the weekly chart shows increasing candle body strength, hinting that AVAX may be entering the trend acceleration phase.
AVAX On-Chain Surge Reinforces Breakout Momentum
Following the technical push, AVAX on-chains are starting to speed up as well. According to Mash, the Avalanche Bridge just saw an 866% spike in net inflows over the last 24 hours. With $20.31 million in volume now flowing directly into Avalanche’s native ecosystem, this sudden surge hints at renewed demand, possibly from institutions or smart money positioning ahead of a bigger move.
AVAX sees an 866% spike in bridge inflows, with $20.31M pouring into the ecosystem amid rising breakout momentum. Source: Mash via X
This aligns neatly with the recent technical breakout and growing momentum. When price structure and capital flows begin reinforcing each other like this, it tends to amplify the trend’s ongoing durability.
AVAX Mirrors October 2024 Bullish Fractal
As momentum begins building around Avalanche’s reclaim of major moving averages and an 866% inflow spike, Polaris_xbt adds another layer with a compelling fractal comparison. The chart highlights how AVAX may be mirroring its October 2024 structure, where a final drop into support set the stage for a sharp rally. This latest setup features a similar accumulation box, repeated support taps, and a steady compression towards resistance, resembling that prior launch pattern.
AVAX price action mirrors its October 2024 fractal, with compression and accumulation hinting at an impending breakout. Source: Polaris_xbt via X
The presence of weekly FVG (Fair Value Gap) zones, as marked in the chart, provides further validation that this could be a slow grind accumulation phase nearing a breakout. If the fractal continues to hold, AVAX could be approaching the send-off stage, strengthening the case for a climb toward $35 and, potentially, $50.
Avalanche Joins Visa’s Onchain Settlement Network
Visa’s decision to add support for Avalanche alongside Ethereum, Solana, and Stellar is a powerful endorsement of AVAX’s growing role in real-world utility. As CryptoStache puts it, this isn’t just a nice headline; it’s a clear sign that Avalanche is being recognized for its technical strengths and institutional readiness. Following its fractal setup and massive inflow spike, this news adds another fundamental pillar to AVAX’s growing momentum narrative.
Final Thoughts: AVAX Heating Up at Just the Right Time
With technicals aligning, on-chain inflows spiking 866%, and Visa officially welcoming Avalanche into its settlement network, AVAX seems to be catching serious momentum across all fronts. The $35 resistance remains the key hurdle, but if that level flips into support, bulls could very well set their sights on the $50 milestone.
Source: https://bravenewcoin.com/insights/avalanche-avax-price-prediction-breakout-structure-and-fractal-pattern-hint-at-40-upside