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$AVAX Price Surges 4.21% to $25, Eyes 82% Rally to $48! š
Avalanche ($AVAX ) is making waves, climbing to its highest price in two months at $25 after a 4.21% gain today, July 21, 2025. š The altcoin is riding the wave of a broader market rally, fueled by Ethereumās gains and renewed interest in layer-1 tokens.
š Double Bottom Breakout Potential
$AVAX is testing a key resistance at $26.88, forming a double bottom pattern with strong support at $14.75. If bulls push past this hurdle, analysts predict an 82% surge to $48, matching the highs from Q4 2024. The RSI crossing above 50 for the first time since January signals growing buyer momentum, mirroring last yearās bullish setup.
š¹ DeFi TVL Soars to $1.89B
Avalancheās DeFi ecosystem is booming, with Total Value Locked (TVL) jumping 37% from $1.38B to $1.89B in just one month, per DeFiLlama. This spike in network activity boosts confidence in AVAXās long-term gains, as rising demand for the token fuels its rally.
š Why AVAX Could Outshine Other Altcoins
ā¢ Strong double bottom pattern signals bullish momentum.
ā¢ Increased network activity reflects growing adoption.
ā¢ AVAX ranks as the 16th largest crypto by market cap, poised for further gains.
Will AVAX break $26.88 and soar to $48?
