Avalanche Breaks Out of Descending Wedge, Targets $12-$13

Avalanche (AVAX) has broken out of a descending wedge, rising 5.13% to around $7.90.

The move has brought AVAX close to the crucial $8-$8.20 resistance zone, where a confirmed breakout could strengthen the recovery and bring the larger $12-$13 target into focus.

The current technical setup is developing alongside a stronger fundamental narrative around Avalanche, with network adoption, institutional interest, and new real-world use cases continuing to expand.

A sustained break above $8.20 would be important as it could clear the 200-day moving average and major nearby resistance, potentially opening up $9-$10 and then $12-$13.