Cryptocurrency | Avalanche |
Token | AVAX |
Price | $ 33.18 -4.75% |
Market Capitalization | $ 12,504,620,381 |
Total Supply | 416,988,132 |
24-h Trading Volume | $ 288,367,921 |
All-Time High | $144.96 |
All-Time Low | $2.80 |
Important: This Avalanche (AVAX) price prediction 2024 is purely based on the writer’s knowledge in technical analysis alone. Price analysis articles of other platforms may use different technical analysis signals and indicators that may influence their AVAX price forecast outcome differently. Hence, we strongly suggest doing your own research before buying AVAX.
Avalanche took the world by surprise when it suddenly spiked to become one of the leading cryptocurrencies today in terms of market capitalization. In fact, not many people even know what Avalanche does and what it stands for.
To bring the uninitiated up to speed, Avalanche is a blockchain ecosystem similar to Ethereum. Specifically, it enables developers to create and deploy smart contracts. Therefore, companies can create their own decentralized applications (DApps), establish their own decentralized finance (DeFi) protocol, and more.
Avalanche is a fast and low-cost smart contract blockchain platform with proof-of-stake consensus. Launched in September 2020, it secures 100+ projects and features DeFi applications like Pangolin and games like Crabada. Over 950 block-producing validators and 500k community members globally. AVAX burning reduces the supply.
The present worth of AVAX stands at $ 33.18, with a movement of -4.75% over the past 24 hours. It ranks 13 on the cryptocurrency list with a market capitalization of $ 12,504,620,381 and a trading volume of $ 288,367,921.
Technical analysis tools like the relative strength index (RSI), Arnaud Legoux Moving Average (ALMA), and moving average convergence divergence (MACD) can be used to predict the future price trend of SUI. The chart above illustrates how this analysis can aid in determining whether SUI will have a bullish or bearish year.
Year | Minimum Price | Average Price | Maximum Price |
2024 | $33.20 | $37.71 | $39.01 |
2025 | $45.55 | $54.07 | $56.26 |
2026 | $61.98 | $65.08 | $69.72 |
2027 | $77.47 | $80.57 | $85.22 |
2028 | $92.96 | $96.06 | $100.71 |
2029 | $108.46 | $111.56 | $116.21 |
2030 | $123.95 | $127.05 | $131.70 |
2031 | $139.45 | $145.65 | $151.84 |
Month | Minimum Price | Average Price | Maximum Price |
Jan 2024 | $33.20 | $33.68 | $37.66 |
Feb 2024 | $32.84 | $34.51 | $35.26 |
Mar 2024 | $32.91 | $37.27 | $37.98 |
Apr 2024 | $32.44 | $35.64 | $39.01 |
May 2024 | $32.67 | $33.33 | $35.07 |
Jun 2024 | $33.14 | $35.36 | $36.22 |
Jul 2024 | $32.59 | $33.16 | $35.95 |
Aug 2024 | $32.49 | $37.71 | $38.80 |
Sep 2024 | $32.92 | $36.15 | $38.95 |
Oct 2024 | $32.56 | $34.57 | $35.33 |
Nov 2024 | $32.99 | $35.27 | $36.61 |
Dec 2024 | $32.53 | $33.15 | $34.74 |
By 2024, the price of AVAX is expected to hit $33.15, with a minimum of $32.53 and a maximum of $34.74 by the end of the year.
Month | Minimum Price | Average Price | Maximum Price |
Jan 2025 | $45.44 | $46.51 | $47.83 |
Feb 2025 | $45.02 | $46.13 | $50.65 |
Mar 2025 | $45.04 | $49.14 | $54.56 |
Apr 2025 | $45.55 | $52.55 | $53.27 |
May 2025 | $45.01 | $46.43 | $50.34 |
Jun 2025 | $45.18 | $46.75 | $54.92 |
Jul 2025 | $45.00 | $54.07 | $56.26 |
Aug 2025 | $45.26 | $46.75 | $48.55 |
Sep 2025 | $45.48 | $52.61 | $54.10 |
Oct 2025 | $45.42 | $52.80 | $55.03 |
Nov 2025 | $45.03 | $50.90 | $55.55 |
Dec 2025 | $45.38 | $53.26 | $53.92 |
Avalanche’s price in 2025 is anticipated to reach $53.26, with a minimum of $45.38 and a maximum of $53.92 by year-end.
In 2026, AVAX is predicted to achieve a price of $69.81, with a minimum of $62.06 and an average of $65.16, potentially surpassing its all-time high.
By 2027, AVAX is expected to have an average price of $80.67, with a minimum of $77.57 and a maximum of $85.33.
In 2028, the average price of AVAX is expected to reach $96.13, with a maximum of $100.78 and a minimum of $93.02, driven by potential future partnerships.
The bullish trend is expected to continue in 2029, with AVAX’s minimum price at $108.53 and a yearly close above $116.28.
By 2030, AVAX could surpass previous highs, with a minimum price of $124.03, a maximum of $131.79, and an average of $127.13.
In 2031, AVAX’s maximum price is projected to be $151.94 during a bull run, with an average price of $145.74. However, remember that predictions should not be considered financial advice and you should conduct your own research.
The AVAX Network presents a promising future, with forecasts indicating substantial value growth in the upcoming years, which makes it an appealing choice for potential investors given its sizable market cap.
Nonetheless, due to the inherent volatility of this digital currency, it might not be well-suited for short-term investments; however, it offers numerous opportunities for long-term ventures. It’s crucial to keep in mind that the crypto market is highly uncertain, so investment choices should be in line with one’s risk appetite and market knowledge. Additionally, performing thorough research prior to investing in cryptocurrencies is vital for making well-informed decisions.
Currently, the price of Avalanche (AVAX) is $ 33.18 -4.75%, with a market cap of $ 12,504,620,381.
Avalanche’s all-time low was $2.79.
Avalanche’s all-time high was $144.96.
No, Avalanche (AVAX) cannot be mined.
Avalanche has garnered significant attention in the crypto space, suggesting that AVAX could be a solid investment choice.
This year, the average price of Avalanche (AVAX) may potentially reach $21.71. In the next 5 years, it’s projected that Avalanche could surpass $100.78.
Considering the growing popularity of cryptocurrencies and Avalanche, a long-term investment in AVAX might see its price rise to $100.78 within the next 5 years.
If you invest in Avalanche today, a long-term increase is expected, with AVAX’s price potentially rising to $196.90 within the next 10 years.
Avalanche (AVAX) is expected to reach $69.77 by 2026.
Avalanche (AVAX) is expected to reach $85.27 by 2027.
Avalanche (AVAX) is expected to reach $100.78 by 2028.
Avalanche (AVAX) is expected to reach $116.28 by 2029.
Avalanche (AVAX) is expected to reach $131.79 by 2030.
Avalanche (AVAX) is expected to reach $151.94 by 2031.
Disclaimer: The views and opinions in this article belong to the writer alone and they do not necessarily reflect the position of CryptoNewsLand (CNL). No information in this article, whether express or implied, should be taken as financial advice. Remember that investing in cryptocurrency poses significant risks to your asset. Hence, CNL strongly recommends all readers to perform their own in-depth research before investing in cryptocurrency.
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