Key Insights:
- Avalanche price surged to $24.76 and is testing $26, aiming for a breakout to $27 next.
- AVAX structure shows weekly breakout toward $35 as bulls maintain key support zones.
- FIFA launches FIFA Blockchain using Avalanche, boosting AVAX’s institutional credibility.
Avalanche price has climbed toward the $26 resistance level, triggering bullish forecasts from analysts. As multiple timeframes are in a clear uptrend, traders are on a breakout above $27.
Ecosystem developments, including a major blockchain deal with FIFA, support the bullish narrative.
Avalanche Price Targets $27 After Triangle Breakout
AVAX price is on the verge of a major breakout after recently closing above a descending triangle pattern. Analyst Ali posted a chart daily with the price advancing toward the $26 area. It has held on to several rallies in 2024 and early 2025.
The chart indicated a breakout of a multi-week consolidation period that ended with a high bullish engulfing candle. Avalanche price has been in a systematic trend higher.
This has created higher lows and slightly higher volume supporting accumulation. According to Ali, the breakout above $23.80 triggered the current rally, and AVAX price now tests resistance at $26.
Moreover, AVAX’s RSI on the daily chart remains below overbought levels. This indicated there is still room for upward expansion.
Ali emphasized that a successful close above $26 could allow the Avalanche price to test $27.40 quickly. The level also aligns with past supply areas and trading patterns in February.
Sell Wall at $27, and Strong Support for Avalanche Price Around $22.50
On a different 4-hour chart analysis, analyst CW discovered a significant sell wall at $27. The chart provided an accurate block of anticipated profit-taking for $26.95 and $27.45.
In this, sellers can get back into the market. This zone followed a clean breakout structure above the local range highs at $23.40.
The chart by CW also pointed out three significant green support boxes between $20.50 – $23.80. These have been essential demand areas in the case of a pullback.
Most notably, AVAX price held support above $22.50, confirming the strength of its ascending support channel. The price then rebounded quickly, reinitiating the bullish momentum.
This configuration indicated that the bulls are in charge above the $22.50 level. The EMA trend increased over the 4 hours and contributed to the positive short-term bias.
Should Avalanche price retest $26, the $27 region could be the final technical hurdle before further upside is unlocked.
Weekly Structure Hints at Breakout to $35
At the macro level, CryptoShadow posted a weekly chart to demonstrate a longer-term breakout set. The AVAX/USD chart depicted a long-term reversal structure, with a rounded base formed over 15+ weeks.
The neckline resistance around $23 has now been breached, indicating the shift of accumulation into expansion.
The chart also showed a significant range of $16-$35; the current push is termed mid-range reclaim. AVAX price targets the upper half of this macro zone, with the next objective likely around $30 if $27.40 breaks. The weekly RSI is positive and provides additional space to proceed.
CryptoShadow analysis also indicated a close of 11.96% weekly candles, indicating high buyer conviction. A weekly close above $27 could begin AVAX’s next bullish leg toward $35. This rebound brings it back to levels last touched in early Q1 2025.
FIFA Blockchain Deal Adds AVAX Price Support
The recent Avalanche price surge comes alongside Avalanche’s growing ecosystem credibility. In May, FIFA officially launched its FIFA Blockchain on Avalanche, a move confirmed via LinkedIn.
The platform will host the FIFA Collect digital memorabilia and fan engagement tools. It offers EVM compatibility, low fees, and high speed. This development positions Avalanche as the official blockchain infrastructure for one of the world’s most recognized sports organizations.
It strengthens institutional trust in Avalanche’s architecture, potentially boosting usage and long-term adoption of AVAX. The transaction will enable the network’s utility in NFTS, collectibles, and real-world fan experiences.
Though the market reaction was gradual, the FIFA partnership will likely have a compounding effect. Demand for the underlying token can grow naturally as user activity scales through fan-focused applications.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
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