AVAX Breaks Out with Strength — Is $28.70 the Next Target for Avalanche?

After months of trading in a narrowing range near key trendlines, the Avalanche price has finally surged. Thus, breaking through resistance with notable strength. This surge followed a classic swing failure pattern, often seen as a reliable reversal signal in crypto markets. AVAX swiftly reclaimed critical range levels like the value area high and point of control, igniting fresh bullish momentum. The AVAX price increase isn’t just a technical random occurrence — volume profile data confirms genuine buyer interest. Now, eyes are on whether AVAX can maintain this momentum and target the swing high at $28.70.

AVAX Breaks Multi-Month Resistance and Flips Market Structure

Avalanche’s recent price action marks a pivotal moment for the altcoin. The cryptocurrency had been trapped below a dynamic SR resistance since February, but the latest Avalanche price surge broke through with conviction. Notably, this occurred following a confirmed swing failure at recent lows, quickly flipping prior resistance into support. The reclaim of the value area high and point of control solidifies the AVAX bullish breakout narrative. This isn’t mere speculation — higher highs are already being printed, and market structure has turned bullish. Traders now await the formation of a higher low to sustain this trend.

Why This Breakout Could Signal a Sustainable AVAX Price Increase

While breakouts are common, their sustainability often depends on market context, and in this case, the signs are promising. Volume profiles show increased participation, a critical factor confirming this move isn’t a temporary AVAX price increase driven by short squeezes. The decisive reclaim of key levels suggests active buyer control, and if AVAX establishes a clean higher low above the flipped SR zone, it could signal a sustained rally. With momentum favoring bulls, the AVAX bullish breakout has set the stage for a potential move toward $28.70, a historically significant resistance level.

AVAX Bullish Chart Reveals Key Next Moves

The latest AVAX bullish chart showcases a strong breakout past dynamic resistance, with impulsive moves and reclaimed range levels. The chart’s bullish structure now hinges on whether a higher low forms above the flipped SR zone.

Chart 1 – AVAX Live Price, published on TradingView, April 24, 2025.

The AVAX bullish chart highlights how Avalanche decisively broke its descending resistance trendline. Volume surged during the breakout, reinforcing the move’s credibility. Price reclaimed the value area high and point of control — strong signals that bulls are in control. Maintaining a higher low above the flipped SR zone will be crucial for confirming this AVAX bullish breakout in the sessions ahead.

What Happens If Support Fails?

As exciting as the Avalanche price surge is, crypto markets are known for swift reversals. If AVAX fails to hold the breakout zone and slips below the flipped SR support, it risks turning into a false breakout scenario. In that case, AVAX Live price action could rotate back into its prior trading range, invalidating the bullish structure. Traders must closely monitor volume and price reactions at support levels. Sustained weakness would challenge the AVAX bullish breakout thesis. However, as long as buyers defend this zone, momentum favors a climb toward the $28.70 swing high, supported by strong market context.

What’s Next: Avalanche Price Surge Targets $28.70 if Support Holds

The market now anticipates AVAX’s next major move, which hinges on holding the current breakout support. A confirmed higher low would solidify the breakout, potentially propelling prices toward the $28.70 resistance zone. However, failure to hold this zone could see AVAX Live price action retracing into the prior range. Traders should watch closely for volume confirmation and price reactions at support in the coming days to navigate this setup effectively.