AVAX Price Eyes $55 as Avalanche $1B Treasury Gains Traction
The post AVAX Price Eyes $55 as Avalanche $1B Treasury Gains Traction appeared on BitcoinEthereumNews.com. AVAX price has shown renewed strength, trading at $28.93 after an 8.18% daily surge. The trading value reflects a broader market recovery, with volume climbing 72.5% to $1.81 billion. Market cap now sits at $12.21 billion, signaling improved liquidity conditions. The recent breakout from a prolonged accumulation range has set the stage for a decisive technical path ahead. AVAX Price Action: Breakout From Accumulation Unlocks Higher Levels The AVAX price has officially broken out of a prolonged accumulation phase, confirming a decisive shift in market structure. The AVAX current trading value of $29.15 sits just above the former range top at $27.58, which now acts as immediate support. The breakout signals renewed bullish control, with higher targets at $35, $45, and eventually $55 as highlighted on the chart. The measured projection suggests a potential 100% rally if price sustains its trajectory. Importantly, the Parabolic SAR indicator has flipped below the price, reinforcing the bullish setup. This signal highlights that short-term trend strength is aligning with the longer-term breakout pattern. On the downside, $23.01 and $22.59 remain key fallback levels that would absorb selling pressure in the event of a retracement. However, continued holding above $27.58 could solidify this area as a new base for upward extension. The AVAX price path shows gradual steps toward $35 before a sharper push higher, reflecting controlled accumulation and breakout behavior. This structure suggests that AVAX is entering a new market cycle phase with increased participation. As such, the AVAX price prediction 2025 favors a gradual yet sustainable climb toward the $55 target if trend confirmation continues. AVAX/USDT 1-Day Chart (Source: TradingView) Avalanche $1B Treasury Drive Sparks Institutional Speculation The Avalanche’s treasury initiative of $1B has quickly become a key catalyst for AVAX price strength. The plan involves creating two U.S.-based treasury vehicles aimed at…
The post AVAX Price Eyes $55 as Avalanche $1B Treasury Gains Traction appeared on BitcoinEthereumNews.com.
AVAX price has shown renewed strength, trading at $28.93 after an 8.18% daily surge. The trading value reflects a broader market recovery, with volume climbing 72.5% to $1.81 billion. Market cap now sits at $12.21 billion, signaling improved liquidity conditions. The recent breakout from a prolonged accumulation range has set the stage for a decisive technical path ahead. AVAX Price Action: Breakout From Accumulation Unlocks Higher Levels The AVAX price has officially broken out of a prolonged accumulation phase, confirming a decisive shift in market structure. The AVAX current trading value of $29.15 sits just above the former range top at $27.58, which now acts as immediate support. The breakout signals renewed bullish control, with higher targets at $35, $45, and eventually $55 as highlighted on the chart. The measured projection suggests a potential 100% rally if price sustains its trajectory. Importantly, the Parabolic SAR indicator has flipped below the price, reinforcing the bullish setup. This signal highlights that short-term trend strength is aligning with the longer-term breakout pattern. On the downside, $23.01 and $22.59 remain key fallback levels that would absorb selling pressure in the event of a retracement. However, continued holding above $27.58 could solidify this area as a new base for upward extension. The AVAX price path shows gradual steps toward $35 before a sharper push higher, reflecting controlled accumulation and breakout behavior. This structure suggests that AVAX is entering a new market cycle phase with increased participation. As such, the AVAX price prediction 2025 favors a gradual yet sustainable climb toward the $55 target if trend confirmation continues. AVAX/USDT 1-Day Chart (Source: TradingView) Avalanche $1B Treasury Drive Sparks Institutional Speculation The Avalanche’s treasury initiative of $1B has quickly become a key catalyst for AVAX price strength. The plan involves creating two U.S.-based treasury vehicles aimed at…
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