Key takeaways: Our Avalanche price prediction anticipates a high of $56.87 by the end of 2024. In 2025, it will range between $66.22 and $84.78, with an average price of $69.49. In 2030, it will range between $416.79 and $530.07, with an average price of $512.69. AVAX exhibited wild price swings in 2024. This record came as the crypto market valuation peaked this year. It later reversed, shedding all profits made earlier in the year. While the Avalanche ecosystem has been making strides, AVAX has particularly left investors questioning its trajectory. Will AVAX go up? Is AVAX a good investment? Let’s explore these and more in our Cryptopolitan price prediction from 2024 to 2030. Overview Cryptocurrency Avalanche Ticker AVAX Current price $36.46 Market cap $14.94 Trading volume $604.76M Circulating supply 409.87M All-time high $146.22 on Nov 21, 2021 All-time low $2.79 on Dec 31, 2020 24-hour high $37.09 24-hour low $34.87 Avalanche price prediction: Technical analysis Metric Value Volatility (30-day variation) 12.79% 50-day SMA $41.76 200-day SMA $30.29 Sentiment Bearish Fear and Greed Index 65 (Greed) Green days 13/30 (43%) Avalanche price analysis As of December 30, AVAX’s price had risen by 0.36% in 24 hours but dropped 20.30% in the last 30 days. Its trading volume rose by 91.36% in 24 hours. Avalanche’s total value locked (TVL) is gradually rising and now stands at $1.31 billion. TVL is the amount of funds locked up by an ecosystem’s decentralized applications. The protocol’s stablecoin market cap rose to $2.28 billion at press time over the same period. The statistics point to growing user interest in the protocol’s stablecoin market, which provides stability in a highly volatile market. Open interest and active positions in the derivative market also rose alongside the price. When both rise, they signal that traders with long positions are entering the market. AVAX/USD 1-day chart analysis AVAX/USD 1-day chart. Image source: TradingView AVAX traded in an ascending channel in the last quarter of 2024 until it reached a high of $55.41 on Dec 12. It later corrected and traded at the $37 mark. The William Alligator trendlines are opening up as AVAX volatility rises. The relative strength index is 40.16 in neutral territory with the MACD histogram registering negative momentum. AVAX/USD 4-hour chart analysis AVAX/USD 4-hour chart. Image source: TradingView The 4-hour chart shows AVAX could be moving into consolidation as it registers little momentum despite a general bearish trend. The coin volatility is also rising on this chart. Avalanche technical analysis: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 43.80 SELL SMA 5 42.24 SELL SMA 10 39.65 SELL SMA 21 43.60 SELL SMA 50 41.76 SELL SMA 100 34.36 BUY SMA 200 30.29 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 41.82 SELL EMA 5 43.88 SELL EMA 10 46.16 SELL EMA 21 46.25 SELL EMA 50 41.56 SELL EMA 100 36.44 SELL EMA 200 33.24 BUY What to expect from AVAX price analysis next? The combination of technical indicators and chart analysis suggests that Avalanche is bearish and currently gearing up for a closer move to $36. Moreover, the William Alligator trendlines, which measure volatility, are feeding, indicating rising volatility. Is AVAX a good investment? AVAX’s impressive performance in the first quarter of 2024 reversed in the second quarter; and bullish in the last. Explore Cryptopolitan’s price prediction to learn about the coin’s trajectory from 2024 to 2030. Why is AVAX up? AVAX is recovering from its lowest this year; the crypto market capitalization is also rising. The rise in Avax value could be attributed to the general market sentiment. Will AVAX reach $50? According to the Cryptopolitan price prediction, AVAX crossed the $50 mark in 2024 as Bitcoin broke above $100,000. Will AVAX reach $100? According to the Cryptopolitan price prediction, AVAX will reach $100 in 2026, with a maximum price of $121.27 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. Recent news Avalanche9000 is the largest network upgrade since the mainnet launch, combined with the groundbreaking Avalanche consensus that gives any application near-instant finality. This upgrade made launching your L1 more economically feasible, simpler to customize, and smoother to maintain. AVAX price prediction December 2024 For December, AVAX will trade between $48.30 and $56.87, with an average price of $52.00. Month Potential low ($) Potential average ($) Potential high ($) December 48.30 52.00 56.87 Avalanche price prediction 2024 As the second half of 2024 unfolds, we anticipate it will trade between $48.30 and $56.87, with an average price of $52.00. Year Potential low ($) Potential average ($) Potential high ($) 2024 48.30 52.00 56.87 Avalanche price predictions 2025 – 2030 Year Potential low ($) Potential average ($) Potential high ($) 2025 66.22 69.49 84.78 2026 103.46 106.64 121.27 2027 153.18 157.85 178.83 2028 203.13 211.52 240.16 2029 280.45 298.53 350.42 2030 416.79 512.69 530.07 Avalanche AVAX price prediction 2025 The Avalanche price prediction for 2025 is a high of $84.78. It will reach a minimum price of $66.22 and an expected average trading price of $69.49. Avalanche price prediction 2026 The Avalanche price forecast shows it will range between $103.46 and $121.27, with an average price of $106.64. AVAX price prediction 2027 Avalanche price prediction climbs even higher into 2027. According to the predictions, it will range between $153.18 and $178.83, with an average price of $157.85. Avalanche crypto price prediction 2028 Our Avalanche price prediction indicates a further acceleration in the price. It will trade between $203.13 and $240.16 and have an average of $211.52. Avalanche price prediction 2029 According to the AVAX coin price prediction for 2029, the price of AVAX will range from a minimum price of $280.45 to a maximum price of $350.42. The average price will be $298.53. Avalanche prediction 2030 According to the Avalanche price prediction for 2030, we expect Avalanche to range from $416.79 to $530.07, with an average price of $512.69. Avalanche price prediction 2024 -2030 Avalanche market price prediction: Analysts AVAX price forecast Firm 2024 2025 2026 Digitalcoinprice $111.42 $130.08 $135.61 Changelly $77.64 $48.30 $56.14 Gate.io $52.30 $56.48 $62.41 Cryptopolitan’s Avalanche price prediction Our predictions show that Avalanche will achieve a high level of $56.27 by the end of 2024. In 2025, it will range between $66.22 and $84.78, with an average price of $69.49. In 2030, it will range between $416.79 and $530.07, with an average of $512.69. Note the predictions are not investment advice. Seek independent consultation or do your research. Avalanche historic price sentiment Avalanche price history . Image source: Coinstats In July 2020, Avalanche completed its public sale, raising $42 million in less than $4.5 hours. The tokens were distributed after the mainnet launch in September. On Dec 31, 2020, it fell to an all-time low of $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 market capitalization. At that time, AVAX moved to its all-time high at $146.22. In Aug 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 momentum in October, rising to $49.96 In 2024, it crossed the $60 mark in March. The rise coincided with a record high in AVAX inscriptions, with over 100 million ASC-20 minted since their introduction in June 2023. The uptrend reversed in April 2024; by July, it had fallen to $24.40. In August, it was at $21, and $27 in September and October. It turned bullish in November rising from as low as $23 to the current level at $52 this December.
