AVAX Surges 93% Since July, Key $27.25 Level Could Push Price to $30+

Avalanche (AVAX) has reemerged as a focal point for traders following recent technical analysis suggesting the token could surpass $30 if key price levels are breached. Currently trading at approximately $25.29, AVAX has nearly doubled in value since early July, rising from around $14 to over $27, supported by a consistent pattern of higher highs and higher lows across multiple timeframes [1]. Analysts highlight a critical resistance zone between $27.00 and $27.25 as a decisive factor in shaping the token’s next move. If AVAX closes above $27.25 on a daily chart, it could signal a broader bullish trend, potentially propelling the price toward $31–$35 in the coming weeks [2].

Notable market observers, including Ali Martinez, have underscored that a daily candle closure above $27 would validate the bullish setup. Such a breakout could trigger increased buying pressure, aligning with AVAX’s recent momentum. Similarly, technical analyst CryptoJobs noted that the token’s chart structure supports a target range of $32–$33, with the $27.25 resistance level being a key focal point. Both analysts agree that the price action around this zone will determine the medium-term trajectory [3].

Short-term volatility remains a factor as AVAX has retreated to the $25 range on the 1-hour chart, testing a support zone near $24.99—a level that previously acted as a consolidation base. A temporary pullback to this area is considered a normal correction within an ascending pattern. The 4-hour chart also shows AVAX maintaining position above key trendlines, with a dip to $24.50–$25.00 potentially offering buyers another entry point before a breakout. Analysts view this as a strategic consolidation phase for the bulls [4].

Breakout levels and future projections depend on AVAX’s ability to surpass $28.33, a resistance level that has constrained upward movement for months. Clearing this barrier could trigger sequential price targets at $31.40, $33.10, and eventually $35. Conversely, a breakdown below $24.99 or the trendline at $23.28 might redirect the price toward lower support levels at $22.21, emphasizing the importance of maintaining key technical levels [5].

The current market setup remains bullish as long as AVAX sustains its position above critical support zones. Traders are advised to monitor the $27.25 resistance level closely, as a decisive break could accelerate momentum toward the $30+ price range. While short-term corrections are anticipated, the overall trajectory aligns with a scenario where AVAX capitalizes on its recent gains to challenge multi-month highs.

Source: [1] [Avalanche (AVAX) Price Could Pump Soon – Analysts Say $30+ Is Realistic] [https://captainaltcoin.com/avalanche-avax-price-could-pump-soon-analysts-say-30-is-realistic/] [2] [Avalanche (AVAX) Price Could Pump Soon – Analysts Say $30+ Is Realistic] [https://captainaltcoin.com/avalanche-avax-price-could-pump-soon-analysts-say-30-is-realistic/] [3] [Avalanche (AVAX) Price Could Pump Soon – Analysts Say $30+ Is Realistic] [https://captainaltcoin.com/avalanche-avax-price-could-pump-soon-analysts-say-30-is-realistic/] [4] [Avalanche (AVAX) Price Could Pump Soon – Analysts Say $30+ Is Realistic] [https://captainaltcoin.com/avalanche-avax-price-could-pump-soon-analysts-say-30-is-realistic/] [5] [Avalanche (AVAX) Price Could Pump Soon – Analysts Say $30+ Is Realistic] [https://captainaltcoin.com/avalanche-avax-price-could-pump-soon-analysts-say-30-is-realistic/]