Avalanche

Date: Sat, Aug 23, 2025 | 03:24 PM GMTThe cryptocurrency market turned bullish after Jerome Powell hinted at potential rate cuts in September during today’s Jackson Hole event. Following the remarks, Ethereum (ETH) surged to a new all-time high of $4,878, fueling strong momentum across <a href="https://coinsprobe.com/pump-fun-pump-to-rise-higher-key-harmonic-pattern-signals-potential-upside-move/" rel="noopener noreferrer nofollow">altcoins</a>, including Avalanche (AVAX).Over the past 24 hours, AVAX has gained 8%, and its price action is now showing a bullish technical setup that closely mirrors Arbitrum (ARB)’s recent breakout structure.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/217c467e1d67410783e97671654c9842.png" />Source: Coinmarketcap<h3 id="avax-mirrors-arb-s-breakout-structure">AVAX Mirrors ARB’s Breakout Structure</h3>ARB’s price action offers an important roadmap. Back in June, ARB broke out of a classic falling wedge pattern—a well-known bullish reversal formation. After the breakout, it consolidated just under a key resistance zone (highlighted in red). Once that resistance gave way, ARB surged nearly 19%, heading toward major resistance targets at $0.9541 and $1.2383.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/f53e8e1c1ad44b309a18661555918993.png" />ARB and AVAX Fractal Chart/Coinsprobe (Source: Tradingview)Now, AVAX appears to be tracing the same path.After breaking out of its own falling wedge, AVAX is currently testing a critical resistance zone between $25.65 and $27.38, also marked in red on the chart. This area is crucial because a clean breakout above it could replicate ARB’s momentum-driven move.<h3 id="what-s-next-for-avax">What’s Next for AVAX?</h3>If AVAX successfully clears $27.38, it could trigger a strong rally, with the next upside targets at $45.08 and $55.80. From current prices, that represents a potential 114% rally—a move that would firmly confirm the bullish fractal setup.However, caution is warranted. In a bearish case, failure to hold above the 100-day and 200-day moving average support around $21.50 could invalidate the bullish structure and expose AVAX to downside pressure.Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.Also Read: <a href="https://coinsprobe.com/pump-fun-pump-to-rise-higher-key-harmonic-pattern-signals-potential-upside-move/" rel="noopener noreferrer nofollow">Pump Fun (PUMP) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move</a>

Avalanche (AVAX) To Rally Higher? Key Emerging Fractal Signaling Potential Upside Move

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