AVAX Forms 3-Year Triangle and Eyes Breakout Toward $220 in 2025
AVAX Forms 3-Year Triangle and Eyes Breakout Toward $220 in 2025
AVAX has formed a triangle for over three years and now trades just above the ascending support base.
Chart shows two fake breakouts failed in past but structure held firm with compression now at peak zone.
If AVAX closes above the resistance line near $23 then $150 and $220 targets could follow in short time.
Avalanche (AVAX) has formed a long-term symmetrical triangle pattern, now nearing its apex after multiple failed breakout attempts. The chart, shared on June 30, 2025, suggests that AVAX could soon break out of consolidation and rally sharply. With the asset trading at $18.63, the technical formation points to a potential upside toward $220 and beyond.