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. With Bitcoin cooling off a bit, attention is shifting to altcoins, and AVAX seems to be one of the top names catching that momentum.
On X, crypto expert KALEO pointed out that AVAX price looks set to “finally break out of the base range accumulation,” 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. pic.twitter.com/IdnG0WWCgK
— Watcher.Guru (@WatcherGuru) May 22, 2025
What you'll learn 👉
Avalanche Chart Structure Suggests Breakout Formation
Technical analysis of AVAX shows the asset trading above a multi-month base range. Price held 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.
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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.
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