0 0
Avalanche Surpasses $15 After Securitize Announces EU Trading Platform
Avalanche Network and Market Update:
- Avalanche's price surpassed $15 following Securitize's announcement of launching a pan-European Trading & Settlement System (TSS) using the Avalanche network.
- The system, approved by the EU's DLT Pilot Regime, will offer regulated assets with on-chain settlement for US and EU markets.
- The TSS will operate across all 27 EU member states, with the first issuance expected in 2026. Avalanche was chosen for its high-performance, low-latency architecture.
- AVAX observed a 2% rise to $15.20, supported by Bitcoin stabilizing above $92,000.
Avalanche Liquidation Map, Nov 28, 2025 | Source: Coinglass
- Coinglass data indicates a shift in AVAX futures, with long open interest at $51 million and shorts reduced to $19.6 million.
- A potential break above $16 could trigger liquidations, pushing AVAX towards $17.
AVAX Price Forecast:
- A local double-bottom formation has been validated, with structural support at $13.80 throughout November.
- The upward move past $15 signifies a breakout, suggesting a potential rally if maintained.
Avalanche (AVAX) price forecast, Nov 28, 2025| Source: TradingView
- Bollinger Bands indicate a bullish trend, with RSI recovering from oversold levels.
- A close above $15.10 may lead to further gains toward $17.90, with potential extension to $20.
- Failure to hold $15 could result in a pullback to $13.80.