Avalanche (AVAX) Price Prediction 2024-2030: Is AVAX a Good Investment?
In this blog post, we are excited to share comprehensive AVAX price predictions obtained from our collaboration with https://www.cryptopolitan.com/. We extend our appreciation to the team at Cryptopolian for granting us permission to utilize their valuable information. To ensure transparency, we have included a direct link to the original post on https://www.cryptopolitan.com/ , allowing our readers to explore the full analysis and gain additional insights from the source.
Collaboration within the cryptocurrency community is essential, and we are grateful for the opportunity to incorporate the expertise of our partners.
- Avalanche Price Prediction 2024 – up to $57.08
- Avalanche Price Prediction 2027– up to $178.22
- Avalanche Price Prediction 2030 – up to $550.75
- Avalanche Price Prediction 2033 – up to $1672.42
Avalanche (AVAX) Overview
Cryptocurrency | Avalanche |
Ticker | AVAX |
Current price | $23.48 |
Market cap | $9,468,358,721 |
Trading volume | $295,779,775 |
Circulating supply | 404,769,970 |
All-time high | $146.22 on Nov 21, 2021 |
All-time low | $2.79 on Dec 31, 2020 |
24-hour high | $23.63 |
24-hour low | $22.25 |
Avalanche Price Prediction by Cryptopolitan 2025-2033
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2025 | 37.73 | 39.11 | 46.60 |
2026 | 55.99 | 57.94 | 65.79 |
2027 | 82.69 | 85.01 | 98.68 |
2028 | 125.00 | 128.40 | 144.43 |
2029 | 177.84 | 182.98 | 212.32 |
2030 | 244.11 | 253.26 | 310.02 |
Avalanche price prediction 2025
The Avalanche price prediction for 2025 is a high of $46.60. It will reach a minimum price of $37.73 and an average price of $39.11.
Avalanche AVAX price prediction 2026
The Avalanche price forecast shows it will range between $55.99 and $65.79, with an average price of $57.94.
Avalanche crypto price prediction 2027
Avalanche price prediction climbs even higher into 2027. According to the predictions, it will range between $82.69 and $98.68, with an average price of $85.01.
Avalanche price prediction 2028
Our Avalanche price prediction indicates a further acceleration in the price. It will trade between $125.00 and $144.43 and have an average of $128.40.
Avalanche price prediction 2029
According to the AVAX coin price prediction for 2029, the price of AVAX will range from a minimum price of $177.84 to a maximum price of $212.32. The average price will be $182.98.
AVAX price prediction 2030
According to the Avalanche price prediction for 2030, AVAX price will range from $244,11 to $310.02, with an average price of $253.26.
What Is Avalanche?
Avalanche (AVAX) is a cryptocurrency and blockchain platform that rivals Ethereum. AVAX is the native token of the Avalanche blockchain, which—like Ethereum—uses smart contracts to support various blockchain projects.
Launched in 2020, Avalanche aims to be fast, versatile, secure, affordable, and accessible. In addition, Avalanche is an open-source project, meaning anyone can view and contribute to the platform’s code.
The Avalanche blockchain reportedly can provide very quick transaction finality. AVAX is used to pay transaction processing fees, secure the Avalanche network, and act as a basic unit of account among blockchains in the Avalanche network.
Avalanche Fundamental Analysis
As of the time of writing (August 21), AVAX’s price rose by 3.51% over the past 24 hours, trading at approximately $23.38. The cryptocurrency has a market capitalization of $9.46 billion and a trading volume of $296 million. AVAX’s trading volume has risen by 11.82%.
AVAX/USD Chart Price Analysis
AVAX/USD chart. Image source: TradingView
Investors remain unfazed by Avalanche’s price drop from $50 to $20. Instead, some investors place hopes on Avalanche highs of more than $100 in 2021 and 2022 as signals of what could happen again.
The attached Tradingview chart shows that Avalanche has been consolidating within a narrow range over the past twelve days, suggesting bullish catalysts may nullify sell-off attempts.
Bears managed to drive the price below the $20 psychological support level over the period. Still, AVAX bulls have established a strong buy-wall, preventing another bearish break-out. This consolidation and stability around $20 could indicate the potential for an incoming breakout.
The Dovish CPI inflation data by the US Bureau of Labor Statistics released on August 14 is a bullish catalyst. The data showed slowing inflation, which, while not immediately reflected in AVAX’s spot market, has shifted sentiment in the derivatives markets.
Open Interest, a key metric for price insights, has notably increased. From $182 million on August 12, Avalanche’s Open Interest climbed to $201.14 million by August 21. AVAX’s price remained relatively stable, suggesting potential bullish momentum.
AVAX Technical Analysis
Metric | Value |
Volatility (30-day variation) | 15.09% |
50-day SMA | $25.31 |
200-day SMA | $35.56 |
Sentiment | Neutral |
Fear and Greed Index | 26 (Fear) |
Green days | 10/30 (33%) |
Daily Simple Moving Average (SMA)
Period | Value ($) | Action |
SMA 3 | 21.08 | BUY |
SMA 5 | 20.86 | BUY |
SMA 10 | 20.97 | BUY |
SMA 21 | 22.44 | BUY |
SMA 50 | 25.31 | SELL |
SMA 100 | 29.18 | SELL |
SMA 200 | 35.56 | SELL |
Daily Exponential Moving Average (EMA)
Period | Value ($) | Action |
EMA 3 | 20.68 | BUY |
EMA 5 | 20.85 | BUY |
EMA 10 | 21.34 | BUY |
EMA 21 | 22.72 | BUY |
EMA 50 | 25.36 | SELL |
EMA 100 | 28.68 | SELL |
EMA 200 | 30.80 | SELL |
The combination of technical indicators and chart analysis suggests that Avalanche is bearish but is currently gearing up for a breakout above $20.
Moreover, the William Alligator trendlines, which measure volatility, are tightening, indicating reduced price movement. This often precedes a significant breakout, and with resistance at $23.35, a break above this level could see AVAX retesting the $29 mark.
A bullish breakout seems increasingly likely if AVAX maintains support at $20 and the Open Interest continues rising. Traders should watch for a decisive move above the $23.35 resistance level.
FAQ
Is AVAX a good investment?
AVAX’s impressive performance in the first quarter of 2024 reversed in the second quarter; looking ahead, it will rise from the current lows as it corrects. Explore Cryptopolitan’s price prediction to learn about the coin’s trajectory from 2024 to 2030.
Why is AVAX down?
AVAX is trading at its lowest this year; the crypto market capitalization has also dropped significantly. The drop in Avax value could be attributed to the general market sentiment.
Will AVAX recover?
The Avalanche blockchain registered high activity, with its TVL reaching $834 million. This factor suggests a recovery when market sentiment changes.
Will AVAX reach $50?
According to the Cryptopolitan price prediction, AVAX will cross the $50 mark in 2026. Changelly and Digitalcoinprice platforms share this sentiment.
Will AVAX reach $100?
According to the Cryptopolitan price prediction, AVAX will reach $100 in 2028, with a maximum price of $144.43 for the year.
Will AVAX reach $1,000?
It remains highly unlikely that AVAX will cross the $1,000 mark before 2030. At that market capitalization, it could be more valuable than Ethereum.
Does Avalanche have a good long-term future?
According to Cryptopolitan price predictions, AVAX will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.