Last weekend, the cryptocurrency<\/a> briefly exceeded the resistance level of $31<\/strong>, a significant threshold, as it was back in February when AVAX was last traded above this resistance.<\/p>\n\n\n\n Avalanche’s performance is all the more remarkable given that, during the same period, the sector’s heavyweights displayed more modest results. For example, Bitcoin gained only 0.4%<\/strong> while Ethereum<\/a> even slightly decreased by 0.6%<\/strong> over the last 24 hours.<\/p>\n\n\n\n According to analyst Crypto Feras<\/strong>, Avalanche still has bright days ahead. While many altcoins are under pressure, he identifies strong technical signals for AVAX. He believes that breaking through the $30 resistance<\/strong> would pave the way for a rise toward $50<\/strong>, or even beyond.<\/p>\n\n\n\n Feras is targeting an increase of at least 64%<\/strong>. This is all the more remarkable given that Avalanche still has significant upside potential compared to its previous all-time high of nearly $145<\/strong>, reached in November 2021.<\/p>\n\n\n\n If AVAX breaks through the $33 resistance<\/strong>, it has a strong probability of reaching between $50 and $60<\/strong> in the coming weeks, according to the Fibonacci Bollinger Band (FBB). That would represent a surge of nearly 100%<\/strong> from its current price.<\/p>\n\n\n\n Two elements seem to explain the recent growth in AVAX’s price. On one hand, an announcement from last week generated significant optimism : the Avalanche Foundation<\/strong> is working on raising $1 billion<\/strong> from institutional investors.<\/p>\n\n\n\nAVAX’s Outlook Appears Promising<\/h2>\n\n\n\n
![\"AVAX](\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/09\/image-99.jpeg\")
<\/figure>\n\n\n\nCatalysts Behind Avalanche’s (AVAX) Rise<\/h2>\n\n\n\n