Avalanche ($AVAX) Nears $27 Resistance With Eyes on $32 Rally Potential

Avalanche ($AVAX) is drawing attention as it approaches a pivotal resistance level of $27, with analysts eyeing a potential price surge to $32 or even $37 should the threshold be breached. Current trading data shows $AVAX at approximately $25.38, having formed a series of higher highs and lower lows on the daily chart, reflecting a recovery from July lows near $17 [1]. Market analyst Ali Martinez emphasized the importance of the $27 level, noting that a breakout could generate increased buying pressure in the short term and potentially extend the rally [1].

Underlying fundamentals and ecosystem developments are also supporting a positive outlook for AVAX. The recent launch of a Layer 1 platform for tokenized U.S. equities marks a major expansion, enabling 24/7 trading of over 150 tokenized equities backed 1:1 by real shares. The platform leverages Avalanche’s high-performance infrastructure and compliance automation for sub-second settlements, offering a competitive edge in the tokenized asset space [1].

Analyst EllioTrades described the progress as a sign of growing momentum, with the equities platform likely to enhance Avalanche’s global appeal and attract institutional interest [1]. Network metrics further underscore the platform’s growth, with total transactions increasing by 164% year-over-year to 3.7 billion, active addresses doubling to 50 million, and total value locked (TVL) rising 135% to $2 billion. Daily DEX volume has also jumped 300% to $400 million, while over 80 Layer 1 projects are actively building on the network [1].

These developments align with a broader technical picture of strengthening support and rising market confidence. The Fear and Greed Index for AVAX is at 63, indicating a shift toward greed and reinforcing the bullish narrative. The DeFi TVL has also seen a nearly 40% increase following the recent Octane upgrade, further validating the platform’s growing adoption [1].

Despite this optimism, traders are urged to remain cautious as key resistance levels are tested. A successful breakout above $27 could serve as a confirmation of the bullish trend and potentially drive the price toward $32, but the market remains sensitive to macroeconomic conditions and regulatory developments. At press time, AVAX is trading at $25.32, with a 0.81% gain over the past 24 hours, and analysts continue to highlight the $27 level as a critical technical focus [1].

Source: [1] [Avalanche ($AVAX) Eyes $32 Target if Key $27 Resistance Breaks](https://coinmarketcap.com/community/articles/689efce2be58e26e9d0bd7f8/)