Crypto investors need to pay attention to Avalanche (AVAX) price because it had been making progress consistently over a week’s time.
Having crossed its essential $18 multiyear support point, it is now seeing a new high at $22.
This was evident as the the support led to a price hike after rejecting a further sell-off.
Avalanche (AVAX) Price Action
Avalanche price reached $18.71 in March 2025 following its significant price decline from 2022’s $150 yearly peak but managed to evade its essential support area.
The descending triangle pattern in the chart displayed resistance sloping between $150 and $90 while support stayed flat at $18 which indicated a long-term market consolidation.
The descending triangle formation pointed toward continued bearish activity yet $18 maintained its role as a support which in turn indicated potential price increases.
A sustained price level above $18 has possibly created a bullish turn which might direct AVAX towards reaching the resistance levels at $30, $50 and beyond.
A bearish continuation in AVAX price action could become more likely if price moved below $18 since such descending triangle breakdowns usually result in sizeable market losses.
At the time of writing AVAX price was trading at $22.70, which serves as a vital sign that surpassing the critical $18 level will likely hold.
However, breaking this price might deepen the price decline that had reigned in the first quarter of 2025.
AVAX Break-Even Price for Holders
The break-even value of AVAX at $19 together with holder profitability showed less profitable holding as depicted by the three green circles.
Whereas five red circles indicated unprofitable holders were more, having accumulated above this price level.
AVAX price has been moving forward in price action from its initial price at $18.71, surpassing $20 as it moved towards the $30 level.
If an Avalanche ETF approval might boost AVAX prices because institutional investors would enter the market similar to Bitcoin ETFs, thus contributing to its long-term outlook.
Hot and cold wallet liquidity combined with regulatory approvals would establish a steady market price in the long term.
Underwater holder profit-taking operations would, however, limit the potential price increase to $25 if price did not advance.
Impact of BlackRock’s BUIDL AUM and WLFi Buy on Avalanche
Despite these not having a direct influence on price, institutional investment in Avalanche remained on the move in March 2025 with some positive news from WorldLibertyFi (WLFi) and BlackRock.
BlackRock’s BUIDL fund on Avalanche surpassed $50 Million in Assets Under Management (AUM).
Net BUIDL deposited started at $10M on November 4, 2024, rose above $30M, and climbed to $57M in early December, before dropping back to around $50M as of press time.
This was a milestone that pointed towards growing institutional faith in the AVAX network, which could contribute, in turn, to the valuation appreciation of Avalanche price value to about $30.
BlackRock’s action signaled other institutions that AVAX was a suitable platform for tokenized assets and could probably stimulate greater uptake and price growth.
While this was unfolding, Trump’s WorldLibertyFi (WLFi) was also loading on Avalanche’s C-Chain, unifying millions of users to navigate VanEck’s ETF offering.
This could be a master stroke pointing toward WLFi riding on Avalanche blockchain explosion that could propel AVAX into even greater vigor.
Institutional buy-in by combining forces of BlackRock and WLFi may push AVAX price to a $50 peak if momentum were sustained, with profit-taking tapping the uptick.
