What to know:
- Avalanche (AVAX) shows early signs of a bullish reversal after finding strong support near $9.
- Key resistance levels to watch are $15.22, $18.31, and $19.94 for potential recovery.
- Animoca Brands partners with Ava Labs to expand Avalanche adoption in Asia and the Middle East.
Avalanche (AVAX) is showing potential signs of a market turnaround after months of bearish pressure. Since late 2025, AVAX has been forming a series of lower highs and lower lows, with the price falling from its peak near $22 to a solid support zone around $8.50–$9.00.
As can be seen on the daily chart provided by R4 XBT, the Hull Moving Average (HMA) 70 is already rising close to the MA 50 at the level of $9.36.
The key level is the MA 200, which is located at the level of $16.49. Holding above the level of $9.04 may push the price to the levels of $15.22, $18.31, and even $19.94. On the other hand, a drop below would invalidate the current bullish setup.
There is a descending wedge forming at the bottom of the price chart of AVAX. The descending wedge is a reversal pattern when the price moves up after breaking out from the wedge.
The price is approaching the top of the wedge, and this indicates a higher buying force is present in the market. The higher lows indicate that the buyers are accumulating in the long term, and the trend may change from a bearish to a bullish trend.
Source: X
Also Read: Avalanche (AVAX) Price Breakdown: Institutional Selling Near $9.72 Signals Sharp Pullback
Key Resistance Levels Shaping AVAX’s Next Move
From the price action perspective, AVAX has several key levels of resistance. The first key level of resistance is at $15.22. The price zone is no longer a support zone; it is now a psychological barrier.
If AVAX is able to break through this price zone and trade above it with high volumes, then the price levels of $18.31 and $19.94 can be considered.
Moving averages add more information to this. While the short-term MA is curling up, AVAX is still below the longer-term MA. The point to note is that the overall bearish trend is still intact but weakening.
A strong breakout above the MA 200 will indicate that the bullish reversal is strong and gaining traction among traders and investors.
Strategic Partnership Boosts Avalanche Ecosystem Growth
Even beyond price movements, Avalanche’s fundamentals are becoming stronger. On March 19, Animoca Brands announced a strategic investment and partnership with Ava Labs. The partnership will support the Avalanche ecosystem’s growth and usage.
The partnership will include funding, product integrations, and strategic advice for projects in entertainment, real-world assets, and digital identity.
Asia and the Middle East have been chosen as the starting point because of the existing infrastructure and strong relationships that Animoca Brands has in these regions.
By utilizing Avalanche’s subnet feature, the partnership is looking to increase the usage of the platform in real-world blockchain applications.
According to John Nahas, who is the Chief Business Officer at Ava Labs, the partnership is about the region and could potentially help improve ease of access to it.
On his part, Omar Elassar from Animoca Brands said that the partnership is in line with increasing demand for large-scale deployments.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: Is Avalanche Ready to Rally? AVAX SuperTrend Flip Signals Bullish Reversal
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