Avalanche is trading near $33.63, rebounding from earlier dips as interest in institutional accumulation and network developments boosts sentiment.
The token is defying broader crypto weakness, and several on-chain and macro factors point to continued upside if key resistance zones yield.
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Avax Crypto Next Target
- Price: $33.63
- Market Cap: ~$14.5 billion
- 24-Hour Trading Volume: ~$2.1 billion
- Circulating Supply: ~422.28 million AVAX
- Total / Max Supply: ~715.75 million AVAX
Following a bullish breakout from Ascending Triangle, price reached our PT of $36 for +20% profit. It was getting overbought (RSI > 70) near $36 resistance and pulled back, but only briefly. Notice the Dragonfly Doji on Sep 22nd, shows strong demand from buyers that reversed the pullback.
Now we look for the right entry opportunity in Uptrend. We wait for price to either
1) break above $36 to signal continuation of uptrend, with +20% upside potential to $42 next, or
2) pull back near $27 support level for another swing trade entry in Uptrend with upside potential back to $36.
In recent news, Avalanche Foundation plans $1B raise for US digital asset treasury firms to buy AVAX, with Hivemind Capital and Dragonfly Capital.
Key Indicators & Market Signals
- AVAX rallied ~10% in recent days despite broader crypto sell-offs, showing relative strength.
- Institutional and treasury vehicle activity is adding buying pressure—for example, initiatives aiming to accumulate AVAX via on-chain treasury companies.
- Resistance lies near $35–$36; a sustained break above may lead to targets in the $40+ zone.
- Support is forming around $32–$32.50; losing that could open the path to $30.
- Technical indicators show bullish momentum—MACD is favorable and RSI is above 50 for now.
Latest News Highlights
- Avalanche’s “AVAX One” treasury initiative—backed by Scaramucci and Hivemind—is planning to raise $550 million to acquire AVAX tokens, strengthening institutional presence in AVAX.
- The Avalanche Foundation is pursuing $1 billion in capital to fund two U.S.-based treasury vehicles that will purchase AVAX at discounted rates, reinforcing demand.
- AVAX’s positive move came even as broader crypto markets were under pressure, underlining its resilience relative to peers.
SEO-Oriented Summary
As of September 24, 2025, AVAX is trading around $33.63, supported by strong institutional interest, treasury accumulation efforts, and healthy on-chain momentum. The key range to watch is resistance near $35–$36 and support around $32. If AVAX clears resistance with volume, we could see continuation toward $40+. But if support fails, downside toward $30 is possible. Upside bias remains, setting AVAX as one of the more promising Layer-1 tokens in the current market environment.
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