Impending Avalanche (AVAX) Surge? bullish prediction of $36 if $27 resistance is breached
At the current moment, Avalanche (AVAX) is testing the resistance level of $27, a price point that has historically halted rallies. As of press time, AVAX is trading at $23, having climbed more than 65% since July, forming a series of higher lows and highs.
However, a recent pullback has taken the price of AVAX below its 9-day simple moving average, currently at $24.35. This dip has also led to a decline in momentum, which suggests possible buyer exhaustion. The Relative Strength Index (RSI) reading for AVAX is 56.80, having retreated from near-overbought levels.
Despite this temporary setback, the outlook for AVAX remains positive. Analyst Ali Martinez and trader CW have both pointed out that a clean break above the $27 resistance could lead to a quick push higher, with the next upside zone to watch potentially around $33.30. This $33.30 upside zone is based on the 1.618 extension.
Over the past week, AVAX has decreased around 4.7%, and in the last 24 hours, it has dropped approximately 1%. However, several forecasts predict AVAX will surpass the $27 level within the coming weeks and throughout 2025.
One source projects AVAX may reach about $28 by early August 2025, with a longer-term high near $28.39 by year-end 2025 and an average of $27.37 during that period. Other forecasts are even more bullish, with prices ranging from approximately $30 up to $50 in 2025. Some analysts expect a steady upward trend into 2026, reaching $36 to $45 and eventually targeting $80 to $100 owing to ecosystem growth, scalability improvements, and institutional interest.
Regarding the impact of FIFA's Layer-1 project on Avalanche’s ecosystem value and institutional visibility, while specific impact analysis is not yet available, such a high-profile partnership would likely boost the ecosystem value and institutional visibility of Avalanche, reinforcing positive price momentum. Avalanche’s focus on scalability and interoperability, combined with its growing institutional backing, makes it an attractive platform for major collaborations.
Investors should consider market volatility and perform due diligence, as all predictions are inherently speculative. If the RSI slips below 50 for AVAX, it could suggest more weakness ahead.
This synthesis reflects the most recent and comprehensive forecasts and contextual insights from the available data.
Crypto investors might be intrigued by the potential of Avalanche (AVAX) as analysts predict it to surpass the $27 level within the coming weeks and throughout 2025, with prices ranging from approximately $30 to $50. This bullish outlook is partly driven by the focus on scalability and interoperability, combined with growing institutional backing. On the other hand, the Relative Strength Index (RSI) reading for AVAX is currently 56.80, signaling some decline in momentum and potential buyer exhaustion, which trading strategies centered on blockchain technology and finance should take into account.