WikiBit 2026-02-27 20:40AVAX trades near key $9.80 resistance after a confirmed breakout and $2B RWA expansion, with $12 emerging as the next upside target if momentum holds.
AVAX trades near key $9.80 resistance after a confirmed breakout and $2B RWA expansion, with $12 emerging as the next upside target if momentum holds.
AVAX is slowly stepping back into focus as both price structure and fundamentals begin to align. According to Brave New Coin, AVAX is trading near $9.54, up 11.78% in the last 24 hours, as momentum builds following a trendline breakout. At the same time, news of over $2 billion in real-world assets moving onto the network adds a deeper layer of long-term confidence.
Avalanche is trading near $9.54, up 11.78% over the last 24 hours. Source: Brave New Coin
AVAX and RWA Inflows
Avalanche AVAX recently confirmed that more than $2 billion in real-world assets (RWAs) is expected to move onto the network. The initiative involves Progmat launching a dedicated Avalanche Layer-1 to access the built-in privacy infrastructure.
Avalanche prepares for over $2B in real-world asset inflows as Progmat launches a dedicated Layer-1 on the network. Source: Avalanche via X
This development significantly strengthens Avalanches institutional positioning. Tokenized securities and RWAs increase network credibility, deepen liquidity potential, and expand long-term use cases. While this does not instantly push price higher, it builds structural demand beneath the surface.
Analyst Gives a Structured Analysis
AVAX has confirmed a 4-hour descending trendline breakout and is now moving into what appears to be an early impulsive phase. As highlighted by Nehal, the key retest zone sits around $9.38, which now acts as the immediate structural support following the breakout.
AVAX breaks a 4H descending trendline as price reclaims the SMA, with $9.38 acting as key support and $9.80–$12.30 marking the next upside levels. Source: Nehal via X
Importantly, price is currently trading above the 4H SMA, signaling short-term momentum has shifted in favor of buyers. Holding above both the breakout trendline and the moving average strengthens the continuation setup.
From a structured perspective, the key levels to monitor are:
As long as AVAX maintains acceptance above $9.38 and stays above the SMA, the structure favors gradual upside expansion. A loss of that region, however, would shift the setup back into consolidation before any sustained move higher.
$9.80 Remains the Key Barrier Ahead
According to Crypto Chiefs, AVAX is now approaching an important resistance near $9.80, a level that has capped price for several sessions. Over the past several days, AVAX has been trading inside a clear consolidation range, forming a horizontal ceiling around $9.80 while building support near the $8.40–$8.60 region.
AVAX compresses beneath the $9.80 resistance while building support near $8.40–$8.60, signaling accumulation ahead of a potential breakout. Source: Crypto Chiefs via X
This sideways structure reflects accumulation after the prior downtrend. The longer the price compresses beneath a resistance level, the more significant the breakout tends to be once it clears.
If bulls push through $9.80 with strong volume, the range breakout would confirm expansion and open the door towards:
However, if price rejects again at $9.80, AVAX could continue rotating within the established box before attempting another breakout. For now, $9.80 remains the trigger level that decides whether consolidation transitions into a broader recovery leg.
On-Chain Activity and Search Interest
Altcoinpedia noted rising on-chain activity, with increasing active addresses suggesting stronger network participation. Growing ecosystem engagement often adds fuel to recovery phases rather than just speculative price spikes.
At the same time, Google Trends data shows that AVAX search interest remains far below 2021 cycle highs. This indicates retail attention has not yet returned in full force. This remains a short-term concern for AVAX community. However, if network activity continues rising alongside improving technical structure, momentum could gradually build towards a stronger recovery phase.
Rising active addresses point to improving on-chain strength. Source: Altcoinpedia via X
Final Thoughts: How Much Recovery Can AVAX Show?
Avalanche is attempting to transition from a consolidation phase into early recovery, supported by a confirmed trendline breakout and improving market structure. The immediate focus remains on the $9.80 resistance, which has capped the price for several sessions and now acts as the key expansion trigger.
If AVAX clears $9.80 with strength and holds above the breakout region near $9.38, upside targets around $11.20 and $12.00 become technically achievable. However, failure to break resistance could extend the current consolidation before the next impulsive move develops.
Disclaimer:
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