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 $44.95 Market cap $18.45B Trading volume $1.17B Circulating supply 409.43M All-time high $146.22 on Nov 21, 2021 All-time low $2.79 on Dec 31, 2020 24-hour high $46.41 24-hour low $41.45 Avalanche price prediction: Technical analysis Metric Value Volatility (30-day variation) 16.73% 50-day SMA $35.09 200-day SMA $31.29 Sentiment Bullish Fear and Greed Index 74 (Greed) Green days 16/30 (53%) Avalanche price analysis As of December 11, AVAX’s price had dropped by 0.56% in 24 hours but is up 43.69% in the last 30 days. Its trading volume dropped by 43.42% in 24 hours. Avalanche’s bullish market signals Avalanche TVL and Stablecoin market cap . Image source: DefiLlama Avalanche’s total value locked (TVL) continually dropped until 2024, from a high of $10.18 billion in 2021, when it started recovering. It now stands at $1.475 billion. TVL is the amount of funds locked up by an ecosystem’s decentralized applications. A rise in TVL suggests that users deposit their assets into the protocol as interest grows. The protocol’s stablecoin market cap rose over the same period to $2.14 billion at press time. The statistics point to growing user interest in the protocol’s stablecoin market, which provides stability in a highly volatile market. Avalanche open interest . Image source: Coinglass Open interest and active positions in the derivative market have risen alongside the price over the last month. When both rise, they signal that traders with long positions are entering the market. This often occurs in bullish markets, indicating new money entering the market and a potential bullish continuation. AVAX/USD 1-day chart analysis AVAX/USD 1-day chart. Image source: TradingView AVAX traded in a descending channel in the third quarter of 2024 after it reached a high of $0.26. At first, the drop was drastic, but began recovering in mid-September, before pumping in November after breaking out from a head-shoulder pattern. The William Alligator trendlines are closing up as AVAX volatility drops. The relative strength index is 57.26 in neutral territory. Avalanche technical analysis: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 43.06 BUY SMA 5 47.12 SELL SMA 10 47.90 SELL SMA 21 44.55 BUY SMA 50 35.09 BUY SMA 100 30.60 BUY SMA 200 31.29 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 42.70 BUY EMA 5 38.68 BUY EMA 10 34.14 BUY EMA 21 30.79 BUY EMA 50 28.11 BUY EMA 100 27.58 BUY EMA 200 28,75 BUY What to expect from AVAX price analysis next? The combination of technical indicators and chart analysis suggests that Avalanche is bullish and currently gearing up for a closer move to $50. Moreover, the William Alligator trendlines, which measure volatility, are sleeping, indicating declining 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 The Avalanche Foundation has introduced a Visa cryptocurrency card that enables its owners to spend cryptocurrency. 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.
