💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Avalanche Builds Bullish Momentum: Is AVAX Poised to Break $27 and Ignite a Rally?
AVAX forms a rising triangle, pushing against $27 resistance with steady higher lows.
Breakout could lead to 56-70% gains, targeting $41-$45 based on the pattern’s height.
Volume surge needed to confirm breakout; a drop below $23 would invalidate the setup.
Avalanche (AVAX) is near the $27 resistance, with strong momentum with a rising triangle pattern. As of press AVAX is trading at $28.70, with over 10% in the last 24 hours and and a 12.72% increase in the past 7 days, backed by $1.5 billion in volume,this signals a potential breakout.
Buyers Gaining Ground at Key Resistance
AVAX has tested the $27 resistance several times since April 2025 but hasn’t pushed through yet. However, buyers are stepping in earlier each time, creating higher lows. This pattern, known as a rising triangle, typically signals a buildup of buying momentum.
Source: World Of Charts Via X
Currently, AVAX trades around $26.35, pressing hard against this horizontal resistance. Once AVAX breaks past the $27 resistance it could climb to about $41.25, and we might see a short pullback as it tests support before pushing higher.
If the price drops below $23, the bullish setup could fall apart and lead to a bigger pullback .
Weekly Chart Supports Bullish Outlook
AVAX is showing a similar ascending triangle pattern with consistent resistance near $28-$29.The breakout target sits between $42 and $45 which matches what the daily chart is saying. This agreement across different timeframes makes a strong case for a big rally—especially if AVAX breaks the resistance.
Overall, Avalanche looks ready to make a move.Traders are keeping a close eye on the $27 resistance level.If AVAX can break above and hold that zone, we could be looking at a strong push toward the $41 to $45 range.
On September 10th, the market cap showed a steady rise, starting just under $11 billion. Early trading was quiet, with minor ups and downs. However, a sharp surge hit in the late afternoon, pushing the value above $12 billion in a short time
This strong jump signals increased buying interest or positive developments driving the market. After the spike, the market settled above $12 billion, suggesting traders are holding gains. Overall, the day ended with clear bullish momentum and signs of a potential breakout ahead.
The post Avalanche Builds Bullish Momentum: Is AVAX Poised to Break $27 and Ignite a Rally? appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.