Avalanche (AVAX) Could Rally To $120 As Ecosystem Growth Accelerates

Paxful
Paxful


What to know:

  • Pods launched a USD Yield API on Avalanche, enabling fintech apps to offer on-chain interest-bearing USD products.
  • AVAX bounced from a long-term descending triangle, signaling potential recovery with targets up to $120.
  • Technical indicators show AVAX in a consolidation phase, with Bollinger Band support at $8.76 and resistance near $10.33.
Avalanche (AVAX) Could Rally to $120 as Ecosystem Growth AcceleratesAvalanche (AVAX) Could Rally to $120 as Ecosystem Growth Accelerates

Pods launched a new USD Yield API for neobanks on Avalanche on Thursday, March 26, marking another step in the blockchain’s expansion into real-world financial infrastructure. 

The integration allows fintech platforms to embed yield-enabled USD products directly into their apps, using Avalanche’s fast and scalable network to deliver seamless on-chain returns without the complexity typically associated with DeFi systems.

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Avalanche and Pods IntegrationAvalanche and Pods Integration

Source: Pods Finance’s X Post

By building on Avalanche, Pods aims to accelerate the shift toward API-driven finance, where stable assets, composable protocols, and modular infrastructure power modern banking experiences. 

The new API enables financial services to offer interest-bearing digital dollar accounts with speed and flexibility, highlighting Avalanche’s growing role as a core layer for next-generation fintech and decentralized finance applications.

Also Read: Avalanche (AVAX) Bulls Gear Up: $15–$20 Range in Focus After Strong Support

Avalanche Price Bounce Signals Possible Rally to $100+

Following this major integration, Avalanche (AVAX), a cryptocurrency asset, has been showing resilience by bouncing back from the lower boundary of its descending triangle formed on the weekly chart. 

According to the crypto analyst, Jonathan Carter, this support has been successfully defended several times since 2021 and is arguably one of the most important levels in the asset’s entire history.

AVAX Price PredictionAVAX Price Prediction

Source: Jonathan Carter’s X Post

With the triangle support still intact, analysts predict that AVAX might start a gradual rally if the bullish momentum increases. 

The major resistance points being monitored include the levels of $13, $17, and then the levels of $30, $40, $55, $85, and $120, which might be attained depending on the overall sentiment of the crypto market.

AVAX Technical Outlook Points to a Consolidation Phase

According to TradingView, AVAX is seen to be experiencing an ongoing downtrend that is now entering a consolidation phase. 

Since February, the price movement has been trading within the Bollinger Bands’ box, with the middle band’s SMA serving as an immediate resistance level at $9.54. Currently trading at $9.26, there is a 4.25% drop in value, indicating that the bears are still in control.

AVAX Technical AnalysisAVAX Technical Analysis

Source: TradingView

The secondary indicators also reflect the same lack of movement, as the MACD line is flat around the zero level. The histogram reflects low volatility, indicating a lack of commitment from the bulls and the bears. 

As the lower band of the Bollinger Bands is supporting the price at $8.76, a strong move past $10.33 is required to change the neutral bias to a bullish reversal.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Avalanche Explodes in Focus as AVAX Eyes $80 Breakout After Holding $9.50 Support



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