Avalanche (AVAX) has experienced a notable price surge, trading at $22.14 — an impressive 13.15% increase in the past 24 hours. The trading volume also skyrocketed by 108.75% to $529.45 million, reflecting renewed investor interest. Despite a modest weekly gain of 1.24%, the recent price action has captured the attention of technical analysts and institutional investors alike.
Crypto analyst Alex Clay identified a crucial downward trendline acting as an extended support/resistance (S/R) level. AVAX recently rebounded from this trendline, forming a potential bottoming pattern. According to Clay, the key zone lies between $25 and $30, and a decisive breakout above this range could signal a bullish reversal. Price targets of $50.40, $90.20, and $129.90 have been marked as potential resistance levels based on historical price data.
#AVAX is bottomed out IMO💁♂️
— Alex Clay (@cryptclay) May 8, 2025
Hit the Descending S/R Level and bounced off the one👌
Time to cross back above the Key Zone for the Bullish Rally✈️
🎯1 Target: 50.40$
🎯2 Target: 90.20$
🎯3 Target: 129.90$#avalanche $avax pic.twitter.com/X5sENaQzqc
AVAX Price Predictions: Can It Revisit All-Time Highs in 2025?
Analysts remain optimistic about AVAX’s potential for significant price appreciation throughout 2025. Forecast models suggest the cryptocurrency could return to the $44.73 level by early 2025, with a further push beyond $48.77 expected by year-end. This projection comes as industry experts cite the maturing ecosystem, expanding institutional adoption, and increasing network activity as catalysts for growth.
Furthermore, market sentiment around AVAX remains positive, as it is increasingly perceived as a viable long-term holding by institutional investors. This shift in sentiment aligns with broader market trends and growing interest in Layer-1 blockchain projects that offer scalability and utility.
Institutional Support Bolsters Avalanche’s Market Position
Beyond technical analysis, Avalanche has strategically positioned itself to capture greater market share. The Avalanche Foundation recently appointed Dr. Ömer Demirel and several other influential members to its board, signaling a stronger focus on regulatory alignment and institutional partnerships.
Also Read: Avalanche (AVAX) Flashes Breakout Signals: Analysts Eye Potential Rally to $30
Moreover, VanEck’s application for an AVAX ETF echoes Bitcoin’s regulatory trajectory, further establishing AVAX as a credible investment asset. BlackRock also recently launched a dedicated AVAX fund, underscoring the token’s emerging status within mainstream finance.
With its dual focus on technical and regulatory growth, Avalanche appears poised for further gains, making it a compelling asset to watch in 2025.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
