AVAX repeatedly tests the $26–$28 resistance, with $27 as the last barrier before a strong breakout toward new highs.
- A recent bullish reversal from major lows signals Avalanche could reclaim momentum and challenge its all-time high levels soon.
Avalanche (AVAX) is back in the spotlight after the weekly chart showed strong pressure at the resistance area. Currently, AVAX is trading at about $26.78, recording a 3.07% increase in the last 24 hours and 7.01% in the last seven days.
This figure is not just a brief rebound, but rather part of a pattern that has been forming since the price hit its highest low.
Bullish Reversal Builds as AVAX Targets New ATH
According to the latest technical analysis from Master Ananda, the $26–$28 zone is the most crucial area. The $27 level is said to be the last barrier before the potential for a move to a higher high opens wide.
Ananda believes that if this level is finally broken, the path to a new all-time high could be open. However, he emphasized that the market has its own way of working, so despite the significant opportunity, there is still room for correction.
Interestingly, AVAX has attempted to challenge the same level four times since May. In each previous attempt, the market failed to continue its uptrend. However, this time, the momentum is different, as it’s coming from the lowest point since November 2023.
It’s from this base that a bullish reversal pattern is slowly emerging. Ananda’s repeated emphasis is “From the bottom we grow,” a mantra that suggests new trends can grow strongly from market lows.
Avalanche Fundamentals Strengthen as RWA and TVL Surge
Meanwhile, Avalanche’s fundamental strength also appears to be solidifying. CNF noted that the network’s real-world asset (RWA) market cap has reached $305.25 million, a 57.3% surge in just 30 days. This figure confirms the presence of a real adoption drive, not just speculation on the price chart.
Furthermore, Avalanche’s total value locked (TVL) has reached $1.88 billion. Meanwhile, the stablecoin market cap in its ecosystem has also grown 30.4% in the past month, reaching $2.68 billion.
This growth is spread across 12 different stablecoins and is held by over 3.44 million users. This fact signals that investor and retail user confidence in the Avalanche network is on a positive path.
Compared to the period between March and December 2024, this movement feels different. Back then, every surge was followed by a sharp decline.
However, April 2025 is more similar to September 2023, when the movement started from a low point and gradually formed a new pattern. From a medium-term perspective, this condition could provide additional fuel to push AVAX beyond its psychological barrier.
Furthermore, Avalanche is also strengthening its foothold through strategic collaborations. In late August, the network announced a partnership with Funtico to become an indie gaming platform. Through this partnership, Avalanche provides PaaS tools and blockchain integration for developers.
Interestingly, this collaboration was immediately marked by the launch of GameLoop Season 1 on September 8th, offering a $30,000 prize pool.
This program is not just a gaming competition, but a showcase for how blockchain can integrate with the entertainment industry.
The rhetorical question is: who wouldn’t be attracted to the combination of tens of thousands of dollars in prizes and cutting-edge technology? With this move, Avalanche is seeking to expand its ecosystem beyond the DeFi and stablecoin sectors into the promising world of gaming.
However, despite the promising outlook, some market participants remain cautious. History shows that whenever AVAX experiences rapid gains, the market often responds with sharp corrections.
Therefore, breaking through $27 is not just about numbers, but also a test of the consistency of the medium-term trend.