Avalanche price is sitting at a make-or-break moment. For weeks, the price has been coiling, teasing traders with what feels like the calm before a storm. Trading around $24 at the time of writing, AVAX has built up pressure just below a wall that has proven too strong to crack so far.
According to Ali on X, $27 is the key resistance. Break above that, and the path toward $46 suddenly comes into play.
What you'll learn 👉
Why $27 Matters for AVAX Price
Resistance levels in crypto often act like ceilings in a building. You can keep hitting your head against them, but unless there’s enough momentum to break through, you stay stuck on the same floor. For AVAX, that ceiling has been $27.
Avalanche price has tried multiple times to push higher, only to get rejected at the same level. Every attempt has been met with selling pressure, showing just how important this zone is.
Ali points out that a clean break above $27 could flip the chart’s psychology. Instead of a ceiling, the level would become a new floor, opening the door to much higher targets. The next key area traders are eyeing sits near $46, which would almost double AVAX’s value from current levels.
The Bigger Picture Behind Avalanche
Avalanche is not just another altcoin moving up and down the charts. Its blockchain is fast, efficient, and scalable. Imagine a multi-lane expressway compared to the single-lane roads of older blockchains. This setup lets developers create DeFi apps, NFT platforms, and gaming projects with smoother user experiences.
When prices consolidate for weeks like AVAX has, it often reflects more than just trader hesitation. It’s a tug of war between those who believe in Avalanche’s long-term potential and short-term sellers trying to take profit. The outcome of that battle around $27 will be telling.
Breaking Down Ali’s Chart on Avalanche Price
Ali’s chart offers a clear roadmap of what’s at stake. The horizontal black lines represent support and resistance levels, similar to stepping stones that mark where price has stalled or bounced before.
$27 stands out as the major resistance, indicated by several black arrows pointing to previous failed breakouts. Each attempt to push higher has been stopped at this level, making it the line in the sand for bulls.
Below, supports are marked at $22, $20.5, $18, and $16. These levels show where buyers have stepped in during past sell-offs. As long as AVAX holds above $22, the structure looks constructive. Losing that could invite a deeper pullback.
If $27 breaks, the next levels are $31, $35, and $46. These work like Fibonacci extensions. They mark zones where price could slow down before pushing higher. Ali points to $46 as a realistic target once $27 is cleared.
Could Avalanche Price Really Double?
The idea of AVAX doubling from $24 to $46 may sound bold. Crypto often makes sharp moves when key levels break. It is like stepping out of a locked room. Once the door opens, movement becomes much freer.
Avalanche’s next move depends on momentum. It also depends on the wider market. Buyers must overpower the strong resistance that has blocked gains for months.
Read Also: How Much Could 8,750 XDC Tokens Be Worth by 2026?
Avalanche is standing at a crucial crossroads. A push above $27 could unlock one of the year’s most exciting runs, while failure to do so may keep the Avalanche price range-bound a little longer.
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