gtag('config', 'G-0PFHD683JR');
Crypto News

Avalanche (Avax) escape from the basic area – does it already gather 200 %?

Avalanche returned to merchant radars because they show signs of exit from the long accumulation stage. Meanwhile, some big news from FIFA added more fuel to the fire. With a little Bitcoin cooling, attention turns into altcoins, and Avax appears to be one of the best names that hunt this momentum.

In X, Crypto Kaleo expert indicated that the price of AVAX seems to “finally get out of the basis domain accumulation”, urging, “click top with the wheel.” At almost the same time, Watcher.guru mentioned that FIFA has partnered with Avalanche to build its Blockchain, a step that can play a role in the fresh increase that interests the project.

It proposes the structure of the collapse scheme

The technical analysis of AVAX asset trading illustrates the scope of multiple months. The price was between $ 16 and $ 22 from February to May 2025. This range has now been broken to the upward trend with strong daily candles and size. The structure on the graph reveals the falling pattern of falling, and it is usually seen before the reflection of the direction.

The penetration step is in line with the historical AVAX price behavior, as similar patterns led to a rapid increase. The resistance near 20 to 21.50 dollars has turned into support. Analysts are now watching whether Avax can keep this range and create a new leg.

source: x/kaleo

Macro levels and a high ice breakdown price

The main resistance areas remain on the AVAX scheme near $ 38 and $ 50. The Qatari resistant direction line sits a little higher than those levels. If the price is moving across these areas, the expectations of the plans show a road about $ 60 and higher.

The upper part of the graph includes a curved projection, indicating the acceleration of potential prices in light of the upward feelings. Price movements may follow the previous sessions, especially if the purchase pressure continues. Market monitors are monitoring how quickly the AVAX price approaches the downward trend line.

Also read: The real reason for Blackrock is pushed for XRP ETF

Moreover, the Kaleo Published tone indicates that AVAX has reinforced the high -benefit area for merchants. A signal is supported by the basic range breaking with sized signs that indicate the intervention of buyers.

While the exact role of FIFA partnership in the price step is still unclear, the activity and the feeling of the chain appear to be strengthened. Cooperation may help improve AVAX vision, but technical levels will remain the decisive factor of short -term movement.

Institutional attention and basic AVAX stimuli

Announcing a partnership between Avalanche and FIFA brings Avalanche’s infrastructure to a broader audience. This Blockchain initiative focuses on FIFA on building its network layer, according to Watcher.guru’s Tweet.

These partnerships can often attract attention from larger investors, even if their effect on price movement is indirect. Now, merchants It remains focused on how the collapse price is spent Resistance areas derived from previous sessions.

Follow us X (twitter)and Coinmarketcap and Binance Square For more daily encryption updates.
Read the recent encryption market updates, news and technical analysis here.

We recommend etoro

We recommend etoro

Do not invest unless you are ready to lose all the money you invest. This is a highly dangerous investment and you should not expect to protect it if something happens. Take two minutes to learn more

The community of active users and social features such as news extracts, and chats to obtain specific metal coins available for trading.
A wide range of assets: cryptocurrencies along with other investment products such as stocks and traded investment funds.
Trading copies: It allows users to copy prominent traders trading, for free.
Easy to use: ETORO web platform on the web -based etoro and the mobile application is easy to use and easy to move.

Smart encryption
How is it Ordinary people achieve the returns of up to 70 % a year without danger? By setting up BOT Pionex Grid for free – click the button to learn more.
Crypting arbitration is still working like magic, if you do it properly! Check the alphador, which leads the encryption arbitration robot to find out the best way to do so.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button