Avalanche Price Surges 28.30% on Gaming Integrations and ETF Hopes

AVAX price is currently pushing higher after breaking out of a multi-month downtrend, with bulls targeting $26 as the next key level. The cryptocurrency has formed a higher low followed by a higher high, indicating a significant bullish shift in market structure. Currently trading at $21.80, the price is approaching a key horizontal resistance zone between $22 and $23, where it has been rejected multiple times in the past, including a prior lower high during the channel formation.

If AVAX price manages to break above this resistance with volume and follow-through, it is likely to trigger a continuation towards the $26 target. This aligns with the measured move target projected from the breakout near $18.80, signaling potential for further upside if buyers maintain control. The recent surge in transaction volume and user activity, driven by new gaming integrations such as MapleStory, has contributed to this bullish momentum. Avalanche’s daily transactions surpassed 1 million twice in a single week, with total weekly transactions reaching 5.8 million, the highest since early 2024.

Additionally, AVAX was recently added to Grayscale’s Top 20 list, a diversified set of assets across Crypto Sectors that have high potential over the coming quarter. The proposed Grayscale Avalanche ETF is also under consideration by the U.S. Securities and Exchange Commission, with the updated decision deadline set for July 15. These developments further support the bullish fundamentals currently driving AVAX's price action.

AVAX has been in a sideways trend, fluctuating between support at $16 and resistance at $26. The altcoin's uptrend is expected to resume once it successfully breaks above the $26 level. Currently, the price holds above $21, with analysts eyeing a bullish breakout if the $24.27 level is reclaimed. Technical analysts have set a target of $54.13, citing strong momentum and confirmation of the breakout.

Analysts have also predicted that AVAX could reach around $68.72 by the end of 2025, and potentially higher by 2030. Its capped supply and strong technology underpin its potential for significant growth. The cryptocurrency holds buy signals from both short and long-term moving averages, giving a positive forecast. There is also a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $19.84 and $18.81. A breakdown below any of these levels will issue sell signals.

A buy signal was issued from a pivot bottom point on June 22, 2025, and so far, it has risen 28.30%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3-month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Avalanche finds support from accumulated volume at $20.60, and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. The cryptocurrency has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the cryptocurrency moved $1.11 between high and low, or 5.37%. For the last week, the cryptocurrency has had daily average volatility of 5.05%. Our recommended stop-loss is $20.28 (-4.61%) (This cryptocurrency has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 21 days ago.)

For the upcoming trading day, we expect Avalanche to open at $21.24, and during the day, to move between $20.76 and $21.76, which gives a possible trading interval of +/-$0.99 (+/-4.79%) up or down from last closing price. If Avalanche takes out the full calculated possible swing range, there will be an estimated 4.79% move between the lowest and the highest trading price during the day. Since the stock is closer to the support from accumulated volume at $20.60 (3.10%) than the resistance at $22.25 (4.66%), our systems see the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance.

Several short-term signals are positive, despite the cryptocurrency being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for the cryptocurrency to perform well in the short-term.