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Avalanche price prediction 2024-2030: Time to buy AVAX?

Key takeaways:

  • Our AVAX price prediction anticipates a high of $43.11 by the end of 2024.
  • In 2025, it will range between $69.13 and $83.28, with an average price of $71.09.
  • In 2030, it will range between $426.69 and $507.26, with an average price of $438.54.

AVAX exhibited enormous price swings through 2024, although it exceeded $60 in March—a record since May 2022. This record was partly due to the ecosystem’s partnerships and developments. It later reversed, falling below previous lows.

While the Avalanche ecosystem has been making strides, AVAX has particularly left investors questioning its future trajectory. Will AVAX go up? Is AVAX a good investment? Let’s explore AVAX’s price prediction from 2024 to 2030.

Overview

CryptocurrencyAvalanche
TickerAVAX
Current Avalanche price$24.63
Total crypto market cap$9,699,151,362
Trading volume$494,726,896
Circulating supply393,753,788
All-time low$2.79 on Dec 31, 2020
All-time high$146.22 on Nov 21, 2021
24-hour low$24.10
24-hour high$25.47

AVAX price prediction: Technical analysis

MetricValue
Volatility (30-day variation)11.95%
50-day SMA $34.11
200-day SMA$37.78
Market sentimentBearish
Fear and Greed Index51 (Greed)
Green days10/30 (33%)

Avalanche price analysis: AVAX on the red

Key takeaways:

  • AVAX registered the annual low at $23.57.
  • It continues to register negative momentum.

AVAX/USD 1-day chart: AVAX volatility on the rise

AVAX’s volatility is rising, as shown by the William alligator trendlines. The coin has maintained a constant bearish trend since March. The trend has forced it to the annual low as it trades at the $24 mark. It continues to register negative momentum as it seeks support. The relative strength index (RSI) is in oversold territory.

AVAX/USD 4-hour chart: AVAX registers negative momentum

The 4-hour chart highlights AVAX’s negative trend this month. The William Alligator is feeding, suggesting the coin will not soon consolidate. The relative strength index is at 36.49 in neutral territory.

AVAX technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 329.23SELL
SMA 528.83SELL
SMA 1028.99SELL
SMA 2130.85SELL
SMA 5034.11SELL
SMA 10039.25SELL
SMA 20037.78SELL

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 331.32SELL
EMA 532.87SELL
EMA 1034.62SELL
EMA 2135.66SELL
EMA 5037.21SELL
EMA 10038.27SELL
EMA 20035.54SELL

What can you expect from AVAX price analysis next?

Our technical analysis shows the current sentiment is Bearish, while the Fear & Greed Index shows 51 (Greed). Based on the charts, AVAX will rise in the short term but remain bearish.

Is AVAX a good investment?

AVAX had an impressive performance in the first quarter of 2024. Looking ahead, it will reverse from the current correction to new highs. Explore Cryptopolitan’s price prediction to learn about the coin’s trajectory from 2024 to 2030.

Recent news/ opinions

Japanese game developer Konami announced its collaboration with Avalanche Blockchain to debut Resella, an intuitive NFT platform that simplifies NFT creation, issuance, and trading. Resella will support the Japanese yen, catering to Japan’s local market needs.

AVAX price prediction June 2024

AVAX will break out higher from the current levels. A break below 30 RSI will reverse into a bull run with the target at $37.57. The price will average at $33.84 and drop to $30.81 at its lowest. 

MonthPotential low ($)Potential average ($)Potential high ($)
June30.8133.8437.57

Avalanche price prediction 2024

As the second half of 2024 unfolds, AVAX’s development track continues to provide more value to its users. Although AVAX is bearish, we anticipate trading between $30.81 and $43.11 over the second half of 2024. 

YearPotential low ($)Potential average ($)Potential high ($)
202430.8138.9343.11

AVAX price prediction 2025 – 2030

YearPotential low ($)Potential average ($)Potential high ($)
202569.1371.0983.28
202699.44102.28119.70
2027145.97150.07173.83
2028205.78211.78254.01
2029287.56296.03352.86
2030426.69438.54507.26

Avalanche price prediction 2025

The Avalanche AVAX price prediction for 2025 is a high of $83.28. It will reach a minimum price of $71.09 and an average price of $69.13.

Avalanche price prediction 2026

The Avalanche price forecast shows it will range between $99.44 and $119.70, with an average price of $102.28.

Avalanche price prediction 2027

Avalanche’s price prediction climbs even higher into 2027. According to the prediction, AVAX will range between $145.97 and $173.83, with an average price of $150.07.

Avalanche price prediction 2028

Our analysis indicates a further acceleration in Avalanche prices. It will trade between $205.78 and $254.01 and average at $211.78.

Avalanche price prediction 2029

According to the AVAX coin price prediction for 2029, the price of AVAX will trade between minimum and maximum prices $287.56 and $352.86, with an average price of $296.03.

Avalanche price prediction 2030

According to the Avalanche price prediction for 2030, AVAX price will range between $426.69 and $507.26, with an expected average trading price of $438.54.

Avalanche price prediction 2024-2030: Time to buy AVAX?
AVAX price prediction 2025-2030

AVAX market price prediction: Analysts AVAX price forecast

Firm20242025
Digitalcoinprice$68.57$80.05
Changelly$50.88$70.13
Gate.io$32.25$34.67

Cryptopolitan’s AVAX price prediction

Our predictions show that Avalanche will achieve a high of $43.11 in the second half of 2024. In 2025, it will range between $69.13 and $83.28, with an average of $71.09. In 2030, it will range between $426.69 and $507.26, with an average of $438.54. Note the predictions are not investment advice. Seek independent consultation or do your own research.

AVAX historic price sentiment

  • In July 2020, Avalanche completed its public token sale, raising $42 million in less than 4.5 hours. The tokens were distributed after mainnet launch in September.
  • On Dec 31, 2020, it fell to an all-time low at $2.788.
  • In September 2021, the Ava Labs Foundation received a $230 million investment from Polychain and Three Arrows Capital group by purchasing the AVAX cryptocurrency.
  • In November 2021, following an agreement with Deloitte to improve US disaster relief funding, AVAX moved to the top 10 cryptocurrencies by capitalization. At that time, AVAX achieved its all-time high at $146.22.
  • In August 2022, whistleblower ‘Crypto Leaks’ published a report accusing Ava Labs of secret deals with a law firm to destabilize its competitors. AVA Labs CEO Emin Gün Sirer denied any dirty deal with Roche Freedmen law firm.
  • In 2023, AVAX maintained a bullish trend between January and May, after which bears overwhelmed the market. It resumed the positive in October, rising to $49.96.
  • In 2024, it crossed the $60 mark and later reversed, falling below $40 in April.
Avalanche price prediction 2024-2030: Time to buy AVAX?
AVAX/ USD Chart. Image Source: CoinStats


Subjects tagged in this post:

FAQs

Is AVAX an excellent coin to buy?

Avalanche (AVAX) is in the top 30 by market cap with a bullish performance. The coin is expected to make significant gains in the long term, making it a good investment.

Is Avalanche better than ethereum?

Avalanche claims a faster transaction processing time—4,500 transactions per second versus Ethereum's limit of 15. 61. The parallel nature of Avalanche's consensus protocol is what enables the Avalanche network to validate transactions significantly faster than Ethereum.

What can I do with my AVAX?

AVAX, the native token of the Avalanche platform, is used to power transactions in its ecosystem. AVAX serves as the means to distribute system rewards, participate in governance and facilitate transactions on the network by paying fees.

Will AVAX reach $500?

Yes, AVAX will reach the $500 mark in 2030.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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