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Cryptocurrency News Articles
Avalanche Price Forecast: A Detailed Analysis of AVAX's Future Potential
Apr 16, 2024 at 03:30 pm
AVAX, a Layer-1 blockchain, has immense potential and could potentially skyrocket to $34.163 by year-end, hitting $197.183 by 2030. Its bull run could start in April 2024, with a potential high of $75. In 2025, AVAX could reach $100 and maintain a positive trend. By 2026-2030, conservative estimates predict steady growth, reaching $195 by 2030. Avalanche's dominance in DeFi and anticipation of the altcoin season suggest a favorable future for AVAX.
Avalanche Price Forecast: A Comprehensive Analysis of AVAX's Future Potential
Table of Contents
- Overview
- AVAX Coin Price Prediction April 2024
- AVAX Price Prediction 2025
- Avalanche Price Prediction 2026-2030
- AVAX Price Prediction 2026
- AVAX Price Prediction 2027
- AVAX Price Prediction 2028
- AVAX Price Prediction 2029
- AVAX Price Prediction 2030
- FAQs
Overview
Cryptocurrency: Avalanche
Token: AVAX
Price: $35.08774983
Market Cap: $13,260,312,055.5274
Circulating Supply: 377,918,564.7387
Trading Volume: $847,307,911.8127
All-time High: $146.22 Nov 21, 2021
All-time Low: $2.79 Dec 31, 2020
24 High: $38.6100
24 Low: $33.6600
AVAX Coin Price Prediction April 2024
In March, the AVAX price experienced a pullback, breaking below the $50 psychological mark. Furthermore, Avalanche failed to establish a base for a rebound, dropping to the 200D EMA within a bearish channel.
Daily Chart
On the daily chart, this downturn has formed a falling channel pattern and is testing the 200D EMA. Despite the crash, the AVAX price is at a crucial juncture with potential for a rebound.
With robust support at $29 and dynamic support from the 200D EMA within the falling channel, a new bull cycle could emerge. This bull cycle could breach the $50 psychological level and push the layer-1 altcoin towards $75.
Time | Potential Low | Potential Average | Potential High |
---|---|---|---|
April 2024 | $20 | $40 | $75 |
AVAX Price Prediction 2025
The weekly chart shows that AVAX finally exhibits a bullish candle after a couple of bearish candles, projecting a potential bounce back. After failing to cross $50, the Avalanche price trend finally shows a possibility of a bullish trend continuation.
With the 50D EMA moving upwards, the pullback phase failed to find any significant rise in trading volume. Moreover, the MACD and signal lines continue the bullish trend in the weekly chart. All of these signals support the reversal chances in Avalanche prices.
Hence, with the Bitcoin Spot ETF stirring volatility in the altcoins market, the AVAX price is ready to skyrocket with the additional volume in the market. Therefore, the AVAX price can reach the $100 mark by the end of 2024.
If the market remains under the control of sellers and bearish sentiment persists, there is a risk that AVAX could face further downward pressure. In this scenario, the coin’s price could be pushed to retest a concerning low, potentially reaching as low as $38.
Year | Potential Low | Potential Average | Potential High |
---|---|---|---|
2024 | $38 | $69 | $100 |
Avalanche Price Prediction 2026-2030
AVAX Price Prediction 2026
Looking ahead to 2026, AVAX's potential price is anticipated to rise even further, with a projected low of $63.16 and a high of $74.15. The average price during this period, calculated based on the data, is estimated to be approximately $68.88.
AVAX Price Prediction 2027
In 2027, the analysis suggests a continued upward trend in AVAX's value, with the price potentially ranging between $92.44 and $103. Based on the calculated figures, the average price is projected to be approximately $97.72 during this period.
AVAX Price Prediction 2028
By 2028, AVAX's price could potentially experience further growth, falling within the range of $109.33 and $132.01. The average price during this period, calculated from the data, is expected to be around $120.67.
AVAX Price Prediction 2029
Moving forward to 2029, AVAX's price is predicted to ascend between $120.51 and $172.12. The average price during this period is estimated at around $146.315 based on calculated figures.
AVAX Price Prediction 2030
By 2030, AVAX's price is forecasted to soar between $162.84 and $224.85. The average price during this period, calculated from the data, could stand at $193.845.
Market Analysis
AVAX Price Prediction 2024-2030
- Digital Coin Price: $35.34 (2024), $51.46 (2025)
- Gov. Capital: $14.82 (2024), $10.69 (2025)
- Long Forecast: $6.94 (2024), $11.05 (2025)
CoinPedia's Avalanche Price Prediction
During the 2021 bull run, the price of a single AVAX coin was slightly more than $150. This indicates the potential demand that could increase in the next bull run. Moreover, the anticipation of the upcoming altcoin season may drive the price for this altcoin further.
Additionally, Avalanche has a significant dominance in the DeFi industry, which is a positive point for AVAX cryptocurrency.
According to Coinpedia's AVAX price prediction, the altcoin may reach a price of $103 by the end of 2027 and create a new all-time high of $172 by 2029. Moreover, the previous years are expected to be bullish but with a slow momentum.
According to Coinpedia's AVAX price prediction, we expect the AVAX coin price to reach $80 by the end of 2024.
FAQs
Is AVAX a good investment?
Yes, AVAX is a profitable investment for the long-term, factoring in the strengths of the network. And the sprawl of the network in terms of utility.
How high can Avalanche price go by the end of 2024?
The digital asset could possibly reach its potential high of $80 by the end of 2024.
What will the maximum price of AVAX be by the end of 2025?
As per our Avalanche price prediction. The price of the altcoin might soar to a maximum of $44.93 by the end of 2025.
What is the transactional finality of the Avalanche network?
The transactional finality of Avalanche network is <2 seconds.
Where to buy Avalanche Crypto?
AVAX is available for trade across prominent cryptocurrency exchange platforms like Binance, Okex, Huobi, amongst others.
What if I had invested $100 in $AVAX crypto at the start of 2021?
Considering you invested $100 in $AVAX on 1st January 2021 at an average price of $3, your investment would have increased to $466.62. That’s a remarkable return of 366.62%.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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