Ethereum

Resistance

Avalanche

Status

Time

<ul> 
 <li><strong>Bullish AVAX price prediction for 2024 is $66.57 to </strong><strong>$147.24</strong><strong>.</strong></li> 
 <li><strong>Avalanche (AVAX)</strong><strong> price might reach $200 soon.</strong></li> 
 <li><strong>Bearish AVAX price prediction for 2024 is </strong><strong>$13.87</strong><strong>.</strong></li> 
</ul> 
<p>In this Avalanche (AVAX)<a href="https://thenewscrypto.com/markets/price-prediction/"> price prediction</a> 2024, 2025-2030,&nbsp; we will analyze the price patterns of AVAX by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/">cryptocurrency</a>.</p> 
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Avalanche (AVAX) Current Market Status</li>
      <li>What is Avalanche (AVAX)?</li>
      <li>Avalanche (AVAX) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      AVALANCHE (AVAX) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Avalanche (AVAX) Support and Resistance Levels</li>
      <li>Avalanche (AVAX) Price Prediction 2024 — RVOL, MA, and RSI</li>
      <li>Avalanche (AVAX) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of AVAX with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>AVALANCHE (AVAX) PRICE PREDICTION 2025, 2026-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-avalanche-avax-current-market-status">Avalanche (AVAX) Current Market Status</h2> 
<figure class="wp-block-table is-style-regular"> 
 <table> 
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);"> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Current Price</td> 
    <td style="border: 1px solid #01557b;">$31.69</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">3.25% Up</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td> 
    <td style="border: 1px solid #01557b;">$827,463,360</td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$12,506,029,539</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Circulating Supply</td> 
    <td style="border: 1px solid #01557b;">394,761,662 AVAX</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td> 
    <td style="border: 1px solid #01557b;">$146.22 (Nov 21, 2021) &nbsp;</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">All – Time Low</td> 
    <td style="border: 1px solid #01557b;">$2.79 (On Dec 31, 2020) &nbsp;</td> 
   </tr> 
  </tbody> 
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   AVAX Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/avalanche/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>)
  </figcaption></em> 
</figure> 
<h2 class="wp-block-heading" id="what-is-avalanche-avax">What is Avalanche (AVAX)</h2> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>AVAX</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Avalanche</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>Web3</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>September 2020</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Governance, security, gas fees &amp; rewards</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p>Avalanche (AVAX) is the native cryptocurrency of the <a href="https://thenewscrypto.com/kucoin-wallet-announces-partnership-with-avalanche-for-official-integration/" target="_blank" rel="noreferrer noopener">Avalanche</a> network. AVAX was launched in 2020. Avalanche is an open-source decentralized <a href="https://thenewscrypto.com/blockchain-news/" target="_blank" rel="noreferrer noopener">blockchain</a> for creating dApps and customized blockchains. It is popularly known as the “winter-themed” ecosystem that holds AVAX, the “red coin.”</p> 
<p>AVAX tokens have 3 primary use cases. Firstly, they serve as the transaction fee. They serve as the fundamental unit for all Avalanche’s subnets. Moreover, users can stake AVAX and earn these tokens as rewards.</p> 
<p>Avalanche comprises 3 interoperable blockchains with distinct functionalities and multiple subnets. The Exchange Chain (X-Chain) handles the trading activities. The contract chain (C-Chain) meant for creating dApps. The Platform Chain (P-Chain), meant for validating transactions and maintaining subnets.</p> 
<h2 class="wp-block-heading" id="avalanche-24h-technicals">Avalanche 24H Technicals</h2> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="375" src="https://thenewscrypto.com/wp-content/uploads/2024/07/image-105-1024x375.png" alt="" class="wp-image-103904" srcset="https://thenewscrypto.com/wp-content/uploads/2024/07/image-105-1024x375.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-105-300x110.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-105-768x281.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-105-1536x563.png 1536w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-105.png 1752w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p class="has-text-align-center"><em>(Source: </em><a href="https://www.tradingview.com/symbols/AVAXUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<h2 class="wp-block-heading" id="avalanche-avax-price-prediction-2024">Avalanche (AVAX) Price Prediction 2024</h2> 
<p>Avalanche (AVAX) ranks 11th on CoinMarketCap in terms of its market capitalization. The overview of the Avalanche price prediction for 2024 is explained below with a daily time frame.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/6XgQFnom/" alt="">
 </figure>
</div> 
<p><em>AVAX/USDT Descending Channel Pattern (Source: </em><a href="https://www.tradingview.com/symbols/AVAXUSDT/"><em>TradingView</em></a><em>)</em></p> 
<p>In the above chart, Avalanche (AVAX) laid out a descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a security’s price with parallel trendlines to show a downward trend.</p> 
<p>Within a descending channel, a trader could make a selling bet when the security price reaches its resistance trendline. An ascending channel is the opposite of a descending channel. Both ascending and descending channels are primary channels followed by technical analysts.</p> 
<p>The price fell to the point where the market could not maintain a lower price, and the price began to rise again. Again, market resistance pushed prices down, and prices fell for the last time. If the market cannot support the lower price, the previous low will not be made. This will trigger a higher low before the price rises again. This movement produces three valleys or troughs called the left shoulder, the head, and the right shoulder.</p> 
<p>At the time of analysis, the price of Avalanche (AVAX) was recorded at $31.69. If the pattern trend continues, then the price of AVAX might reach the resistance levels of $33.29, and $67.05. If the trend reverses, then the price of AVAX may fall to the support of $21.45.</p> 
<h2 class="wp-block-heading" id="avalanche-avax-resistance-and-support-levels">Avalanche (AVAX) Resistance and Support Levels</h2> 
<p>The chart given below elucidates the possible resistance and support levels of Avalanche (AVAX) in 2024.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/sArq1061/" alt="">
 </figure>
</div> 
<p><em>AVAX/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/AVAXUSDT/"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can analyze and identify the following as the resistance and support levels of Avalanche (AVAX) for 2024.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$66.51</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$147.24</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$27.37</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$13.87</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p><em>AVAX Resistance &amp; Support Levels</em></p> 
<h2 class="wp-block-heading" id="avalanche-avax-price-prediction-2024-rvol-ma-and-rsi">Avalanche (AVAX) Price Prediction 2024 — RVOL, MA, and RSI</h2> 
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Avalanche (AVAX) are shown in the chart below.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/4BdTOKiY/" alt="">
 </figure>
</div> 
<p><em>AVAX/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/AVAXUSDT/"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the current Avalanche (AVAX) market in 2024.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average&nbsp;(50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $28.95Price = $31.84<br><em>(50MA &lt; Price)</em></td>
    <td>Bullish/Uptrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index&nbsp;(RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>63.92<br><em>&lt;30 = Oversold</em><em><br></em><em>50-70 = Neutral</em><em>&gt;70 = Overbought</em></td>
    <td>Neutral</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak Volume</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="avalanche-avax-price-prediction-2024-adx-rvi">Avalanche (AVAX) Price Prediction 2024 — ADX, RVI</h2> 
<p>In the below chart, we analyze the strength and volatility of Avalanche (AVAX) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/8bwkDUo7/" alt="">
 </figure>
</div> 
<p><em>AVAX/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/AVAXUSDT/"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of Avalanche (AVAX).</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>17.51</td>
    <td>Weak Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>51.29<br><br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>High Volatility</td>
   </tr>
  </tbody>
 </table>
</figure>  
<h2 class="wp-block-heading" id="comparison-of-avax-with-btc-eth">Comparison of AVAX with BTC, ETH</h2> 
<p>Let us now compare the price movements of Avalanche (AVAX) with that of Bitcoin (BTC), and Ethereum (ETH).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/tnfiSfXU/" alt="">
 </figure>
</div> 
<p><em>BTC Vs ETH Vs AVAX Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/AVAXUSDT/"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can interpret that the price action of AVAX is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of AVAX also increases or decreases respectively.</p> 
<h2 class="wp-block-heading" id="avalanche-avax-price-prediction-2025-2026-2030">Avalanche (AVAX) Price Prediction 2025, 2026 – 2030</h2> 
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Avalanche (AVAX) between 2025, 2026, 2027, 2028, 2029 and 2030.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>Avalanche (AVAX) Price Prediction 2025</td>
    <td>$212</td>
    <td>$12</td>
   </tr>
   <tr>
    <td>Avalanche (AVAX) Price Prediction 2026</td>
    <td>$224</td>
    <td>$10</td>
   </tr>
   <tr>
    <td>Avalanche (AVAX) Price Prediction 2027</td>
    <td>$236</td>
    <td>$8</td>
   </tr>
   <tr>
    <td>Avalanche (AVAX) Price Prediction 2028</td>
    <td>$248</td>
    <td>$6</td>
   </tr>
   <tr>
    <td>Avalanche (AVAX) Price Prediction 2029</td>
    <td>$250</td>
    <td>$4</td>
   </tr>
   <tr>
    <td>Avalanche (AVAX) Price Prediction 2030</td>
    <td>$260</td>
    <td>$2</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2> 
<p>If Avalanche (AVAX) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Avalanche (AVAX) price prediction for 2024 is $147.24. Comparatively, the bearish Avalanche (AVAX) price prediction for 2024 is $13.87.&nbsp;</p> 
<p>If there is a positive elevation in the market momentum and investors’ sentiment, then Avalanche (AVAX) might hit $200. Furthermore, with future upgrades and advancements in the Avalanche ecosystem, AVAX might surpass its current all-time high (ATH) of $146.22 and mark its new ATH.&nbsp;</p> 
<h2 class="wp-block-heading" id="faq">FAQ</h2> 
<h4 class="wp-block-heading">1. What is Avalanche (AVAX)?</h4> 
<p>Avalanche (AVAX) is the native cryptocurrency of the Avalanche network. AVAX was launched in 2020. Avalanche is an open-source decentralized blockchain for creating dApps and customized blockchains.</p> 
<h4 class="wp-block-heading">2. Where can you buy Avalanche (AVAX)?</h4> 
<p>Avalanche (AVAX) has been listed on many crypto exchanges which include Binance, OKX, Bybit, DigiFinex, and CoinTR Pro.</p> 
<h4 class="wp-block-heading">3. Will Avalanche (AVAX) record a new ATH soon?</h4> 
<p>With the ongoing developments and upgrades within the Avalanche platform, Avalanche (AVAX) has a high possibility of reaching its ATH soon.</p> 
<h4 class="wp-block-heading">4. What is the current all-time high (ATH) of Avalanche (AVAX)?</h4> 
<p>Avalanche (AVAX) hit its current all-time high (ATH) of $146.22 on Nov 21, 2021.</p> 
<h4 class="wp-block-heading">5. What is the lowest price of Avalanche (AVAX)?</h4> 
<p>According to CoinMarketCap, AVAX hit its all-time low (ATL) of $2.79 on Dec 31, 2020.</p> 
<h4 class="wp-block-heading">6. Will Avalanche (AVAX) hit $200?</h4> 
<p>If Avalanche (AVAX) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $200 soon.</p> 
<h4 class="wp-block-heading">7. What will be the Avalanche (AVAX) price by 2025?</h4> 
<p>Avalanche (AVAX) price might reach $212 by 2025.</p> 
<h4 class="wp-block-heading">8. What will be the Avalanche (AVAX) price by 2026?</h4> 
<p>Avalanche (AVAX) price might reach $224 by 2026.</p> 
<h4 class="wp-block-heading">9. What will be the Avalanche (AVAX) price by 2027?</h4> 
<p>Avalanche (AVAX) price might reach $236 by 2027.</p> 
<h4 class="wp-block-heading">10. What will be the Avalanche (AVAX) price by 2028?</h4> 
<p>Avalanche (AVAX) price might reach $248 by 2028.</p> 
<p><strong><br></strong><strong> Top Crypto Predictions</strong></p> 
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<p><em>Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

Avalanche (AVAX) Price Prediction 2024, 2025, 2026-2030

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