Analyst Predicts 5x Spike for Avalanche (AVAX) Price After 60% Rally – Here's Why It's Just Getting Started

Avalanche (AVAX) has been gaining traction again after climbing nearly 60% in just a few weeks.

Analyst Predicts 5x Spike for Avalanche (AVAX) as 60% Rally Sparks Attention

Avalanche (AVAX) has been heating up again, climbing nearly 60% in just a few weeks. As traders and analysts zoom in closer, especially with both short-term and long-term charts showing signs of momentum, two charts shared on X have been turning heads. One chart by trader ‘CW’ highlights a crucial breakout point for AVAX price.

On 4H Chart: Awaiting Breakout From 'Sell Wall'

The 4H chart is approaching a breakout from a key resistance zone between $27 and $27.50, an area where the price has been rejected twice. Trader CW calls this a “sell wall,” and according to him, if AVAX breaks through, the next target could be $36.

On the flip side, the chart shows strong support below, with a buy wall sitting between $24.20 and $24.80. There’s also deeper support around $21.80 and $18.60, areas where AVAX price has previously bounced during pullbacks.

"This is the sell wall. If flips, next targets $36. Still strong bids lower with a large buy wall between $24.2 & $24.8. Deeper support at $21.8 & $18.6 (last levels it bounced from during strong sell offs). "

The post was accompanied by an image of the 4H chart, clearly showing the отмечена зона спроса, ключевые уровни сопротивления и объемы торговли в период майских поглощений.

Another chart, on a broader time scale, shows three major phases in the weekly AVAX price chart:

2021 peak at $147

A lengthy accumulation phase, roughly from mid-2022 to late 2023

Recent attempts at recovery in 2024 and 2025

The token rallied to $65 and $50 during separate moves, forming what appears to be a long-term wave pattern with higher highs and higher lows.

According to the annotated chart, AVAX spent over 500 days consolidating between $8 and $20, forming a base before moving upward. The most recent breakout is part of a multi-year structure aiming toward a projected target.

The $8.47 zone is a macro support level that has held consistently since mid-2022.

Analyst Notes Subnets, Ecosystem Expansion

In a thread on X, crypto expert Henry shared his thoughts on why he thinks the Avalanche ecosystem is "not waiting for the next cycle." He highlighted active development in subnets, DeFi, gaming, and tokenized real-world assets (RWAs), tying his commentary to the long-term chart projection.

"It's almost funny how people think 26 is expensive for AVAX. People will be queuing up for 80s 3 months later. They still haven't announced any new major partnerships (Dotmoov, Balancer, and Optimism were huge). This thing is going much higher. Don't be short-sighted.

Those who know, know. They're making great progress on subnets, gaming, defi, and now RWA. Magnificent chain with a flexible architecture that is not waiting for the next cycle. It's just beginning to unfold. 26 is nothing compared to what's to come. "

The sentiment shared by both analysts is converging, indicating an optimistic outlook on Avalanche's network expansion and technical capabilities, especially in scalability through subnets.

While the immediate resistance is clear, these charts and community commentary suggest that a breakout phase could be fast approaching for AVAX price. The confluence of technical levels, volume spikes, and attention on ecosystem developments adds to the bullish narrative.

However, it's crucial to note that the short-term resistance at $27 must be decisively cleared for the path toward higher levels like $36 and $140 to remain valid. As the price action unfolds, traders and investors will be closely watching for any signs of weakness or strength in the coming days and weeks.