AVAX: Stablecoin Surge Sets Stage for $10 Move

AVAX faces immediate upward pressure after stablecoin supply jumped 48% in one week and BlackRock's BUIDL fund more than doubled, confirming fresh capital inflows into the network.

Daily bullish divergence and a defended higher low now align with expanding on-chain activity, reinforcing the case for a direct test of higher resistance in the weeks ahead.

Price action on the 4-hour chart shows AVAX trading at $6.65 just above the EMA50 support at $6.64 while the EMA200 sits at $6.91 as longer-term resistance; the MACD golden cross at -0.04 keeps momentum constructive inside the Bollinger Bands, with the upper band at $6.89 acting as the immediate volatility target before any extension toward the $10 zone flagged by traders.