AVAX Price Soars Past Resistance, Could Target $7

A significant breakout from its consolidation pattern by Avalanche (AVAX) has sparked speculation of a potential surge toward the $7 level. The cryptocurrency’s price cleared a key resistance zone, but challenges remain as it navigates the 50-period EMA at $19.81, serving as a crucial determinant for further movement. Analysts and traders alike are closely observing whether this momentum holds or if AVAX will reverse course, with support levels around 15–16 and resistance around 20–25 shaping its near-term trajectory.