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AVAX Shatters Consolidation – Ready for a Bull Run?

AVAX Shatters Consolidation – Ready for a Bull Run?

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-06-27 14:52:06
0

AVAX Breaks Out of Consolidation Phase

Avalanche's native token just ripped through its sideways slog—now traders are betting on a volatility surge.

The breakout nobody saw coming

After weeks of grinding between stubborn support and resistance levels, AVAX finally snapped the deadlock with a 15% daily candle. Chartists are scrambling to update their trendlines while perpetual swaps hit three-month volume highs.

Institutional sharks circling?

The timing aligns suspiciously well with Coinbase's new AVAX staking products. Because nothing says 'decentralization' like Wall Street banks quietly accumulating positions through regulated custodians.

Next stop: A retest of the $150 zone or another fakeout? The options market's skewed bullish, but remember—this is crypto. Every breakout gets a pullback invitation.

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