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Avalanche Price Prediction 2024-2030: Time to Buy AVAX?

Key Takeaways

  • The Avalanche ecosystem has been making strides in terms of development.
  • AVAX’s volatility, based on 30-day variations, is high this year.
  • For 2030, the forecast for AVAX is a minimum of $395.65 and a potential high of $482.83.

Avalanche Core has lately been a buzz around the Avalanche community. Core is AVAX’s native wallet. Updates in the last month include live updates on profits and losses, a meme-coin campaign that airdropped $25,000 worth of tokens, new technical docs for developers, and it became the official AVAX staking tool. Such news continues to drive value into AVAX.

While the Avalanche ecosystem has been making strides, AVAX has particularly been highly volatile, leaving 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
AbbreviationAVAX
Current Price$32.79
Crypto Market Cap$12,511,940,664
Trading Volume$356,805,218
Circulating Supply381,537,432
All-time High$146.22
All-time Low$2.79
24-Hour High$33.76
24-Hour Low$32.76

Avalanche Price Prediction: Technical Analysis

MetricValue
30-day Variation Volatility4.73%
50-day SMA$41.91
14-day RSI42.11
SentimentBearish
Fear and Greed Index57 (Greed)
Green Days12/ 30 (40%)
200-day SMA$34.90

Avalanche Price Analysis: AVAX to drop lower over the short term

TL; DR Breakdown:

  • AVAX is back to previous lows with firm support at $32.
  • The three black crows candlestick patterns occur repeatedly on the four-hour chart.

AVAX Price Analysis 1-day Chart: AVAX forms descending triangle pattern

AVAX is back to previous lows with firm support at $32. It has registered lower lows since the Bitcoin halving, forming a descending triangle pattern. In most instances, the formation results into a bearish breakout, with the next support at $29.95.

Positive momentum is slowing and the relative strength index is neutral.

AVAX/ USD 4-hour Price Chart: Three black crows

The three black crows candlestick patterns occur repeatedly on the four-hour chart. The pattern suggests the beginning of a bearish trend as sellers have overpowered bulls in 12 consecutive hours. The MACD indicate little momentum with no sign of reversal at current areas.

Avalanche Technical Indicators: Levels and Action

Daily Simple Moving Average (SMA)

PeriodValue ($)Action
SMA 335.87SELL
SMA 534.52SELL
SMA 1035.34SELL
SMA 2135.14SELL
SMA 5041.92SELL
SMA 10042.39SELL
SMA 20034.90SELL

Daily Exponential Moving Average (EMA)

Period Value ($)Action
EMA 336.22SELL
EMA 536.10SELL
EMA 1035.81SELL
EMA 2136.80SELL
EMA 5039.98SELL
EMA 10040.05SELL
EMA 20035.45SELL

What to expect from AVAX price analysis next?

Our technical analysis shows the current sentiment is Bearish, while the Fear & Greed Index shows 57 (Greed).  Based on the analysis, AVAX will fall in the short term; however, a reversal will send AVAX to previous highs.

Is Avalanche 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 in the coming year.

Recent News/ Updates

  • Imagine writing smart contracts in your native language. According to Emin Gün Sirer, founder of Ava Labs, AI will transform how we code, a reality he envisions in 5 to 10 years. That was the future suggested by Sirer at a blockchain event at Cornell Tech.
  • In other news, Avalanche is hiring! There are lots of positions for programmers.

Avalanche Price Prediction May 2024

Avalanche prices could break out lower from current levels. A break below 30 RSI will necessitate a steep reversal. This month, AVAX will trade between $27.24 and $40.52. With an average of $35.40.

MonthPotential Low ($)Potential Average ($)Potential High ($)
May27.2435.4040.52

Avalanche Price Prediction 2024

As the second half of 2024 unfolds, AVAX’s development track continues to provide more value to its users. AVAX is bearish; however, we anticipate trading between $27.24 and $50.50 over the second half of 2024. 

YearPotential Low ($)Potential Average ($)Potential High ($)
2024$27.24$45.45$50.50

Avalanche Price Prediction 2025-2030

YearMinimum Price ($)Average Price ($)Maximum Price ($)
2025$63.13$65.40$76.37
2026$91.75$95.02$110.29
2027$135.62$139.42$157.81
2028$195.05$200.63$229.65
2029$286.33$294.35$339.52
2030$395.65$407.42$482.83

Avalanche Price Prediction 2025

Ava Labs is committed to providing more developer tools and libraries to support the blockchain. Such developments will boost developer counts, leading to more buying of AVAX, which settles transaction fees on the chain.

In 2025, Avalanche will trade between $63.13 and $76.37. Its average price for the year will be $65.40.

Avalanche Price Prediction 2026

Avalanche price forecast will continue to witness steady growth after 2025. We might see a maximum price of $110.29, with a minimum price of $91.75 and average price of $95.02.

Avalanche Price Prediction 2027

Based on the detailed technical analysis of past Avalanche price data, it is projected that 2027 AVAX could see a minimum price of $135.62. The potential maximum price is estimated at $157.81 and the expected average trading price is $139.42.

Avalanche Price Prediction 2028

By 2028, Avalanche’s price is expected to reach a low of $195.05 possibly. Maximum price projections are as high as $229.65, averaging about $200.63 for the year.

Avalanche Price Prediction 2029

Projections for 2029 suggest that Avalanche could be valued at a minimum of $286.33. The price may peak at as much as $339.52, with an average throughout the year expected to be around $294.35.

Avalanche AVAX Price Prediction 2030

For the year 2030, the forecast suggests that the price of AVAX starts at a minimum of $395.65 and rises to a maximum of $482.83. The average price is anticipated to stabilize at about $407.42.

Avalanche Price Prediction 2025 -2030

Avalanche Market Price Predictions: Analysts’ AVAX Price Forecast

Firm Name20242025
Gov.Capital$17.906$50.987
DigitalCoinPrice$72.63$84.80
CryptoPredictions$57.524$49.474

Cryptopolitan’s Avalanche (AVAX) Price Prediction

The moving averages are bearish on AVAX, and the current analysis indicates negative momentum. At current levels, the coin has little momentum to make a substantial break from current levels. Over the long term, the minimum and maximum prices will break above current levels to register new record highs. In 2027, it will trade between $135.62 and $157.81. By 2030, it will have broken above the $400 mark.

Avalanche Historic Price Sentiment

  • Avalanche issued its native token, Avax, in September 2020. On Dec 31, 2020, the coin fell to an all-time low at $2.7888.
  • In September 2021, the Ava Labs Foundation received a $230 million investment from a Polychain and Three Arrows Capital group by purchasing the AVAX cryptocurrency.
  • In November 2021, following an agreement with Deloitte to improve U.S. disaster relief funding, the Avalanche blockchain moved into the top 10 cryptocurrencies in 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 aimed at legally destabilizing Avalanche’s competitors. Ava Labs CEO Emin Gün Sirer denies 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 momentum in October, rising to $49.96. 
  • In 2024, it crossed the $60 mark and later reversed, falling below $40 in April.
AVAX/ USD Chart. Image Source: Avalanche Coin Price, Charts & Market Insights | Your Crypto Hub

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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