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

Cryptocurrency Avalanche
Ticker AVAX
Current Avalanche price $30.13
Total crypto market cap $11,837,201,138
Trading volume $188,756,824
Circulating supply 393,302,195
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

Metric Value
Volatility (30-day variation) 6.05%
50-day SMA  $35.74
200-day SMA $38.02
Market sentiment Bearish
Fear and Greed Index 74 (Greed)
Green days 12/30 (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)

Period Value ($) Action
SMA 3 33.90 SELL
SMA 5 34.25 SELL
SMA 10 35.35 SELL
SMA 21 35.99 SELL
SMA 50 35.74 SELL
SMA 100 41.61 SELL
SMA 200 38.02 SELL

Daily exponential moving average (EMA)

Period Value ($) Action
EMA 3 35.33 SELL
EMA 5 35.77 SELL
EMA 10 36.34 SELL
EMA 21 36.56 SELL
EMA 50 37.65 SELL
EMA 100 38.51 SELL
EMA 200 35.63 SELL

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. 

Month Potential low ($) Potential average ($) Potential high ($)
June 30.81 33.84 37.57

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. 

Year Potential low ($) Potential average ($) Potential high ($)
2024 30.81 38.93 43.11

AVAX price prediction 2025 – 2030

Year Potential low ($) Potential average ($) Potential high ($)
2025 69.13 71.09 83.28
2026 99.44 102.28 119.70
2027 145.97 150.07 173.83
2028 205.78 211.78 254.01
2029 287.56 296.03 352.86
2030 426.69 438.54 507.26

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

Firm 2024 2025
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


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