Avalanche (AVAX) Price Prediction: AVAX Builds Momentum Above $9.38 Support as Breakout Structure Targets $12
The post Avalanche (AVAX) Price Prediction: AVAX Builds Momentum Above $9.38 Support as Breakout Structure Targets $12 appeared on BitcoinEthereumNews.com.
AVAX trades near key $9.80 resistance after a confirmed breakout and $2B RWA expansion, with $12 emerging as the next upside target if momentum holds. AVAX is slowly stepping back into focus as both price structure and fundamentals begin to align. According to Brave New Coin, AVAX is trading near $9.54, up 11.78% in the last 24 hours, as momentum builds following a trendline breakout. At the same time, news of over $2 billion in real-world assets moving onto the network adds a deeper layer of long-term confidence. Avalanche is trading near $9.54, up 11.78% over the last 24 hours. Source: Brave New Coin AVAX and RWA Inflows Avalanche AVAX recently confirmed that more than $2 billion in real-world assets (RWAs) is expected to move onto the network. The initiative involves Progmat launching a dedicated Avalanche Layer-1 to access the built-in privacy infrastructure. Avalanche prepares for over $2B in real-world asset inflows as Progmat launches a dedicated Layer-1 on the network. Source: Avalanche via X This development significantly strengthens Avalanche’s institutional positioning. Tokenized securities and RWAs increase network credibility, deepen liquidity potential, and expand long-term use cases. While this does not instantly push price higher, it builds structural demand beneath the surface. Analyst Gives a Structured Analysis AVAX has confirmed a 4-hour descending trendline breakout and is now moving into what appears to be an early impulsive phase. As highlighted by Nehal, the key retest zone sits around $9.38, which now acts as the immediate structural support following the breakout. AVAX breaks a 4H descending trendline as price reclaims the SMA, with $9.38 acting as key support and $9.80–$12.30 marking the next upside levels. Source: Nehal via X Importantly, price is currently trading above the 4H SMA, signaling short-term momentum has shifted in favor of buyers. Holding above both the…
Filed under: News - @ February 27, 2026 12:28 pm