Avalanche (AVAX) Price Prediction 2024,2025,2030 — Will AVAX Hit $100? - BTCC (2024)

The latest correction in the cross-border market has resulted in heightened price volatility for altcoins. In addition, the price of the leading cryptocurrency, Bitcoin, has fallen for several months, indicating a growing pessimistic attitude. Similar to the majority of altcoins, the price of AVAX has seen a notable decline in value this week.

The Avalanche price is under pressure as the 2023 bull run comes to an end in the first few days of 2024, but it still maintains its leadership above $25. Furthermore, the AVAX price benefits from the heightened confidence of investors amid a general rebound trend in the altcoins market.

But because of the many ups and downs, investors are left wondering things such, “Is avalanche dead?” and “How low can AVAX prices go?” or “Will 2024 see an AVAX rebound?”

For that reason, if you intend to invest in Avalanche (AVAX), carefully review our comprehensive study spanning 2024 to 2030.

Avalanche Price Prediction 2024–2030, a time frame that looks to be filled of opportunities, uncertainties, and obstacles equally, has its solutions revealed by BTCC’s analysis.

What is Avalanche (AVAX)?

In terms of time to finality, Avalanche is the leading smart-contracts platform in the cryptocurrency business. In addition, more validators than any other proof-of-stake protocol ensure the safety of its operations. The rapid expansion of the AVAX platform is supported by the network’s low costs and low environmental impact.

The AVAX token is the internal currency of Avalanche. Fees and staking for network security are both accomplished with this coin. And give a standard measurement for the various AVAX-based subnets.

Avalanche (AVAX) Price Analysis

Avalanche Chart

At its current price of $13.08, Avalanche is the eighteenth most expensive cryptocurrency. There are presently 310,086,257 Avalanche in circulation, with a market cap of $4,055,838,876.

Avalanche has appreciated by 1.56% in value over the previous 24 hours. During the past week, Avalanche has steadily increased by 0.61 percent. The return on investment this week for Avalanche investors has gotten them quite enthusiastic.

AVAX’s price fell by 32.40 percent, or $6.27, in the past 30 days, from its prior value of $19.35. As a result of this downward trend, Avalanche is currently in a slump. In the past three months, the cost of Avalanche has decreased by 31.43%, from $19.07 down to $19.07.

In the last two days, the Avalanche price has jumped more than 6%, allowing it to maintain its value above the $24.30 support level. But in the last 30 days, the altcoin’s value has dropped 30.30 percent, and in the last seven days, its value has dropped 7.06 percent. In addition, the AVAX price has returned 33.49% year-to-date (YTD), indicating a gloomy outlook for the long run.

An rise in selling pressure is shown by the green histogram of the Moving Average Convergence Divergence (MACD), which shows a steady fall. The Avalanche price is likely to keep falling this week, since there is a strong likelihood of a negative convergence according to the averages.

This month, the AVAX price can approach its upper barrier level of $38 if the market sentiment remains strong. On the flip side, Avalanche’s price could fall near $20 soon if bears regain control.

Avalanche (AVAX) Price Prediction 2024

The AVAX price is still showing a bearish candle on the weekly chart, which indicates that market sentiment is very negative for cryptocurrencies. It has risen about 5% after falling to a low of about $22. On the other hand, the Avalanche price trend in the 1-day time frame remains negative.

Despite opposition from the 50D EMA, the retracement phase has seen a considerable increase in trade volume. On top of that, the weekly chart’s MACD and signal lines are still showing a negative trend. Taken together, these factors point to a downward trend for the Avalanche price.

It is possible that AVAX can encounter additional downward pressure if sellers maintain control of the market and negative sentiment continues. If this happens, the price of the coin could fall to a new low, maybe as low as $38. This is very worrying.

Avalanche (AVAX) Price Prediction 2025

With a possible low of $48 and a high of $134 in 2025, the price of AVAX is expected to continue rising. It is anticipated that the average price will be approximately $91 throughout this time.

Avalanche (AVAX) Price Prediction 2030

According to predictions, the price of AVAX will reach a new all-time high of $224.85 by 2030. Based on the data, the average price for this period might be $193.845.

Is AVAX a Good Investment?

There is not enough time in the Avax market to determine whether or not the company is worthwhile.

• By the end of the year, it soared from an expected $3 in 2020 to a whopping $102.
• After the Federal Reserve chose to cut the size of its balance sheet, it dropped by only $5 until March 2022, and then it plunged by more than 80%.
• After the US reported an inflation rate of over 6% on November 10th, just a handful of cryptocurrencies, including AVAX, continued to rise.

Let’s have a look at the capabilities and features.

• The Avalanche Blockchain’s native token, AVAX.
• Avalanche boasts that its speeds are faster than any other blockchain
• Furthermore, unlike other blockchains, it claims to be extremely decentralized.
• It presently owns 1.2B in TVL, down from $9 B in March
• AAVE, Benqi, and Trader Joe’s are just a few of our top partners.

Taking into account its recent performance and features and performance benefits, it would appear that AVAX is reliant on increases in liquidity to continue its upward trajectory. The fact that AVAX has lower performance than both Ethereum and Polygon Matic lends credence to this theory. We think there are better investment alternatives available right now.

Will AVAX Hit $100?

To reach $100, AVAX’s price will need to increase by more than sixfold.

In addition, its all-time high price of $129 was reached in November of 2021. In addition, the AVAX token’s value increased approximately 11,33 times to reach its all-time high from $11.39 in July 2021. Consequently, it increased by around 2.83 times in one month.

With its historical growth rate, we may predict that AVAX will hit $100 within two to three months. Yet, it is impractical given the current state of the market. Thus, it will take longer for AVAX to reach $100 depending on market conditions.

Will Avalanche Hit $1000?

Yeah, Avalanche is capable of reaching $1000. Although we argued that Avax is a moderate investment opportunity, it is not unreasonable to anticipate a price of $1,000.

• The market capitalization would be $297 B at $1000. This exceeds the market capitalization of Ethereum.
• Even with modest annual growth of 15%, AVAX would reach $1000 in thirty years.
• In truth, AVAX’s growth rate could accelerate during the following eight years. If it increases at a rate of 50% for the next eight years and then 15% thereafter, AVAX might reach $1,000 in 15 years, or by 2037, assuming a growth rate of 50% over the following eight years and 15% thereafter.

Avalanche (AVAX) Price Prediction: FAQs

1.What price prediction is there for Avalanche in 2022?

Avalanche’s price is anticipated to rise as high as $23.54 in 2022.

2.Is this the right time to purchase Avalanche (AVAX)?

After examining the technical Avalanche indicators, we predict a small correction over the coming few days, and investors should hold off on purchasing AVAX.

3.Is Avalanche (AVAX) a wise financial decision?

Our technical analysis indicates that Avalanche is currently a solid buy based on the direction it is moving.