Avalanche Price Breakout Pattern Points to Possible $150 Target

Avalanche (AVAX) price is currently trading near $6.45 with a market capitalization of $2.78 billion, according to CoinMarketCap.

Crypto analyst Crypto Patel has pointed out that AVAX is repeating a breakout pattern seen in 2020, 2021, and 2024, which has consistently led to strong price increases.

The pattern involves a macro breakout and retest structure, with the $4-$6 range serving as the main accumulation zone.

If AVAX drops below $3, it could signal that the bullish setup has failed. However, if the levels hold, analysts have floated possible targets ranging from $15 to $150.