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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. However, that doesn’t concern investors. This record was partly due to the ecosystem’s partnerships and developments, making AVAX a prominent alternative cryptocurrency.

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$30.13
Total crypto market cap$11,837,201,138
Trading volume$188,756,824
Circulating supply393,302,195
All-time low$2.79 on Dec 31, 2020
All-time high$146.22 on Nov 21, 2021
24-hour low$30.61
24-hour high$29.31

AVAX price prediction: Technical analysis

MetricValue
Volatility (30-day variation)6.05%
50-day SMA $35.74
200-day SMA$38.02
Market sentimentBearish
Fear and Greed Index74 (Greed)
Green days12/30 (40%)

Avalanche price analysis: AVAX on a bear run

Key takeaways

  • Avalanche is trading at its lowest Fibonacci range this year.
  • It crossed into oversold territory on June 24th, dimming bullish hopes.

AVAX/USD 1-day chart: AVAX trades at the annual low

technical analysis, avalanche price movements

AVAX/USD 1-day chart

Avalanche is trading at its lowest Fibonacci range this year, returning to levels before the first quarter of the crypto market bullish cycle. The coin is down over 50% from the annual high and continues to trade lower. Negative market momentum has risen over the last seven days as bears dominate the market. 

Despite the drop, AVAX’s relative strength index is in neutral territory, so no probability of reversal from current areas.

AVAX/USD 4-hour chart: Bullish hopes dim

Avalanche price prediction 2024-2030: Time to buy AVAX?
AVAX/USD 4-hour chart

The chart shows that AVAX crossed oversold territory on June 24th, dropping from $36.89 to $30.90. The preceding reversal slowed the drop, which continues to drop gradually. Positive market momentum has slowed, dimming bullish hopes for long traders. 

AVAX technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 333.90SELL
SMA 534.25SELL
SMA 1035.35SELL
SMA 2135.99SELL
SMA 5035.74SELL
SMA 10041.61SELL
SMA 20038.02SELL

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 335.33SELL
EMA 535.77SELL
EMA 1036.34SELL
EMA 2136.56SELL
EMA 5037.65SELL
EMA 10038.51SELL
EMA 20035.63SELL

What can you expect from AVAX Price Analysis Next?

Our technical analysis shows the current sentiment is Bearish, while the Fear & Greed Index shows 74 (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 from 2024 to 2030.

Recent news/ opinions

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. Sirer suggested that future at a blockchain event at Cornell Tech.

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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