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Cryptocurrency News Articles

Avalanche (AVAX) Price Escapes the Base Zone – Is a 200% Rally Already Locked In?

May 23, 2025 at 04:00 am

Avalanche is back on traders' radars as it shows signs of breaking out of a long accumulation phase. At the same time, some big news from FIFA has added more fuel to the fire.

Avalanche (AVAX) Price Escapes the Base Zone – Is a 200% Rally Already Locked In?

Avalanche (AVAX) has been a hot topic in crypto circles as it threatens to break out of a long accumulation phase. At the same time, some big news from FIFA has added more fuel to the fire.

With Bitcoin pulling back a bit, attention is shifting to altcoins, and AVAX seems to be one of the top names that is collecting some momentum.

On X, crypto expert KALEO highlighted that AVAX looks set to "finally break out of the base range,” urging, "Squeeze it higher with haste."

Around the same time, Watcher.guru reported that FIFA has partnered with Avalanche to build its own blockchain, a move that could be playing a part in the fresh surge of interest around the project.

JUST IN: FIFA signs partnership with Avalanche $AVAX to build its own blockchain.

Avalanche is focused on helping to build the network layer for FIFA's blockchain initiative.

Avalanche Chart Structure Suggests Breakout Formation

Technical analysis of AVAX shows the asset trading above a multi-month base range, holding between $16 and $22 from February to May 2025. This range has now been broken to the upside with strong daily candles and volume. The structure on the chart reveals a falling wedge pattern, typically seen before a trend reversal.

The breakout move aligns with historical AVAX price behavior, where similar patterns led to rapid increases. Resistance near $20 to $21.50 has turned into support. Analysts are now monitoring whether AVAX can hold this range and establish a new leg higher.

Macro Levels and Avalanche Price Potential Upside

Key resistance zones on the AVAX chart remain near $38 and $50. A diagonal resistance trendline sits slightly above those levels. Should price move past these areas, chart projections show a path toward $60 and higher.

The upper part of the chart includes a curved projection, suggesting potential price acceleration under bullish sentiment. Price movements may follow previous cycles, especially if buying pressure continues. Market watchers are observing how quickly AVAX price approaches the downtrend line.

Furthermore, the tone of KALEO’s post suggests that AVAX has re-entered a high-interest zone for traders. His reference to the base range breaking is supported by volume-based signals that indicate buyers stepping in.

While the exact role of the FIFA partnership in the price move remains unclear, on-chain activity and sentiment appear to be strengthening. The collaboration may help improve AVAX visibility, but technical levels will remain the deciding factor for short-term movement.

Institutional Attention and AVAX Fundamental Catalysts

The announcement of a partnership between Avalanche and FIFA brings Avalanche’s infrastructure to a wider audience. This blockchain initiative is focused on helping FIFA build its own network layer, according to Watcher.guru’s tweet.

Such partnerships can often attract attention from larger investors, even if their effect on price movement is indirect. For now, traders remain focused on how Avalanche price behaves around the resistance zones drawn from previous cycles.

Disclaimer:info@kdj.com

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