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AVAX Tests Critical Resistance as Momentum Builds Toward Potential Breakout

Momentum builds with on-chain usage surging alongside a TVL rebound above $2 billion.

Overview

  • AVAX is pressing into a multi-month supply zone near the EMA-200, with a sustained close above the $30–$35 area flagged as the next confirmation for a trend reversal.
  • Analysts outline stepwise upside checkpoints at $33 and $37, with a medium‑term target near $50 if a weekly close above the $25–$27 band holds.
  • Avalanche’s network activity has accelerated, with weekly transactions up roughly 70% and active addresses rising about 30%.
  • DeFi liquidity has recovered, with TVL back above $2 billion and reported growth to 83.5 million AVAX over the past year.
  • Sell‑side pressure persists in spot and futures flows, yet liquidation clusters sit above price and a recent 13.5% daily gain shows relative strength versus major altcoins.