Avalanche (AVAX) Responds to Complex Economic Context with Innovation and Recovery

The crypto market saw notable moves over the past weekend. Bitcoin (BTC) once again broke above $87,000, and Ethereum (ETH) bounced back toward the $2,000 level.

The crypto market saw some notable moves over the past weekend, with Bitcoin (BTC) breaking back above the $87,000 mark and Ethereum (ETH) bouncing back toward the $2,000 level. However, volatility remains high, driven in part by recent statements from President Donald Trump, whose protectionist policies seem to be just getting started.

This week will see the release of key U.S. economic data, including quarterly GDP and the PCE inflation index, both of which could significantly influence investor risk sentiment. A better-than-expected reading of U.S. macroeconomic data could put pressure on the cryptocurrency market to rise further.

As for Avalanche (AVAX), the token has shown a solid rebound. After hitting a bottom on March 10th, it has climbed to $22.12, marking a 42% increase in less than two weeks. Over the last 24 hours, AVAX has delivered a positive return of 1.30%, generating optimism among investors.

On top of that, important developments have been reported within the AVAX ecosystem.

Avalanche Foundation Unveils Visa Credit Card for Crypto Payments in Latin America and the U.S.

Earlier this year, in February, the Avalanche Foundation announced the launch of the “Avalanche Card,” a Visa credit card that enables crypto payments across Latin America and the United States. This move expands the usability of cryptocurrencies within the Visa network.

The Avalanche Card supports payments with USDC, USDT, Wrapped AVAX (wAVAX), and AVAX itself, whether for online purchases or in-store transactions at merchants who accept Visa.

The card is being issued by Monobank in the U.S. and Naranja in Argentina, with plans to introduce it in Mexico and Brazil shortly.

This collaboration expands the presence of cryptocurrencies in new markets and provides greater accessibility for users.

AVAX Technical Analysis

The price of (AVAX) is currently at a technical crossroads that could determine its direction in the coming days.

On the 4-hour chart, we observe a triangle formation, typically a consolidation pattern reflecting market indecision. From the apex, the triangle is being plotted, although it could vary slightly depending on the chosen timeframe.

At present, AVAX is trading near $22.12, approaching the apex of the triangle. A breakout from the triangle to the upside could set the stage for a new bullish phase, pushing toward the $24–$26 range. However, if the breakout attempt fails, we might see the price pull back toward the triangle’s base levels once again.

EWO has steadily accompanied AVAX’s recovery over the past two weeks, showing clear bullish momentum. It recently broke through the escape band, signaling strong buying volume. However, in recent hours, the momentum has started to show signs of exhaustion.

The RSI (Relative Strength Index) stands at 77, signaling an overbought asset, yet it also indicates powerful upward momentum. If the RSI remains elevated without a sharp correction, it could support a potential breakout.

Meanwhile, the MACD has made a bullish crossover and is now displaying a positive histogram, another technical signal strengthening the case for an upward breakout from the triangle. This is boosting trader optimism.

It’s important to emphasize that a confirmed breakout must be supported by rising volume. Without it, any attempt to exit the triangle could turn into a false signal or simply a speculative move.

Conclusion & Scenarios

AVAX has not yet broken out of the triangle, but it’s getting very close. Price action in the upcoming candles will be critical.

If the breakout happens strongly to the upside, a new bullish phase could begin, targeting the $24–$26 range. However, if the breakout attempt fails, we could see a pullback toward the triangle’s base levels once again.