AVAX Avalanche price is currently trading around $25, holding steady above key support as fresh institutional backing enters the scene. VanEck just announced a Web3 fund built directly on Avalanche, adding serious weight to the long-term outlook and fueling renewed interest in the AVAX Avalanche price prediction.

Avalanche’s current price is $25.17, up 7.29% in the last 24 hours. Source: Brave New Coin

The charts are quietly flashing strength, too. AVAX is sticking to a strong multi-year trendline, and both USD and BTC pairs are hinting at a possible breakout. With support holding and a major announcement teased for next week, Avalanche could be gearing up for a much bigger move, and the Avalanche (AVAX) price prediction is starting to lean bullish.

VanEck Backs Avalanche with Web3 Fund Launch

In a fresh move that’s catching attention across the crypto space, asset management giant VanEck is stepping into the Avalanche ecosystem. Set to launch this June, VanEck’s new private Web3 fund will operate directly on the AVAX network, signaling a notable vote of confidence in its infrastructure and future relevance. While big-name institutions flirting with crypto isn’t exactly new, choosing Avalanche as the foundation is what makes this development stand out.

VanEck taps Avalanche for its upcoming Web3 fund, marking a major institutional nod to AVAX’s growing ecosystem. Source: VanEck via X

Avalanche has long positioned itself as a high-performance blockchain, but institutional support has been the missing piece. VanEck’s involvement may not drive immediate price appreciation, but it’s a strong fundamental layer being added underneath the surface.

AVAX Avalanche Price Chart Signals Strength

Just as VanEck throws its institutional weight behind Avalanche, the technicals are quietly aligning with the narrative. The long-term monthly chart shared by crypto analyst CryptoCobby shows AVAX holding a steady higher low formation since its early days, essentially respecting a multi-year trendline dating back to 2020.

AVAX holds multi-year trendline support near $25, hinting at possible upside as accumulation quietly builds. Source: CryptoCobby via X

Price is currently hovering near this ascending support line, a structure that has historically led to significant upside moves whenever tested. Analyst CryptoCobby believes that for those thinking they’ve missed the move, the chart tells a different story. AVAX is trading around $25, a level far below its previous highs yet aligned with a broader accumulation zone. Volume remains relatively low, suggesting the big players may still be loading quietly, and the main trend remains ahead of us.

AVAXBTC Breakout Structure Hints at Incoming Rotation

While the AVAXUSD pair was sitting firmly on major multi-year support, the AVAXBTC pair is now lining up for a potential show of strength. Shared by analyst Horse in Crypto, the weekly AVAXBTC chart reveals a descending trendline resistance, which is now nearing its breakout.

AVAXBTC approaches key breakout point, signaling potential trend reversal ahead. Source: Horse in Crypto via X

What adds weight to this setup is the behavior of the Ichimoku cloud. The thick resistance zone that’s loomed overhead for months is beginning to thin, especially heading into the second half of 2025. This thinning cloud suggests weakening bearish momentum, increasing the odds of a trend reversal. If AVAX manages to break out of this compression zone with confirmation, it could prompt a broader reevaluation of its potential, setting the stage for a more optimistic AVAX price prediction heading into late 2025.

AVAX Price Analysis

AVAX is currently showing a healthy technical structure, especially on the 6-hour chart shared by trader Dynamite_Fix. The price is consolidating near the $23 zone after a strong move upward, and eyes are now on the $21.00 support level. This level is more than just psychological, it lines up with a longer ascending trendline that dates back several weeks. Past price action shows that every touch of this line has resulted in a bounce, making it a critical area to watch for possible long entries.

AVAX consolidates above key $21 trendline support, with eyes on a potential move toward $27. Source: Dynamite_Fix via X

The projected move, if support holds, could take the AVAX Avalanche price back toward the $27 region, but this will depend on both market sentiment and how it reacts at the key $21 zone. The chart also shows a clear range breakout from earlier in May, which supports the idea that AVAX is now trading in a higher structure. Until this support is broken with conviction, the broader trend remains intact and slightly bullish in the short term.

Excitement Builds as AVAX Set for Big Reveal Next Week

With momentum for Avalanche already climbing thanks to institutional moves and mainstream adoption, things are about to get even more interesting. According to a post from Pangolin, a leading DEX on Avalanche, the coming week could bring major news for the AVAX ecosystem. With the spotlight firmly on Avalanche following VanEck’s Web3 fund, this teased announcement arrives at the perfect time. The tweet hints that the stage is set and excitement is building.

AVAX community braces for a major reveal next week as Pangolin DEX teases ecosystem-shaking news. Source: Pangolin via X

Final Thought

Momentum, structure, and sentiment are all beginning to converge for Avalanche. With institutional backing from VanEck, bullish chart patterns across both USD and BTC pairs, and price action respecting key support zones, AVAX is shaping up as one of the more technically sound plays in the altcoin market.

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Filed under: Bitcoin - @ May 23, 2025 6:11 pm