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- 1 Avalanche price prediction stays highly bullish for 2024 and 2025.
- 2 AVAX price sustains above $10.00, indicating buyers are active at lower levels.
- 3 Buying volume in Avalanche crypto is on a slow and steady rise.
Avalanche price prediction is bullish for the next year and suggests it may provide high returns to its investors.
AVAX price is recovering by taking support near the $8.62 level and rising upward by forming a higher high. It breakout of the 50-day EMA with a strong buying volume indicates the bullish trend reversal.
At present, Avalanche crypto price is approaching the 200-day EMA. If buyers succeed then it will attract more buyers and investor participation will increase.
AVAX crypto price had consolidated for quite long in the range between $8.62 to $10.00. It formed a strong base. The buyers will not easily give up if the price retested the $10.00 level which is acting as a support.
The recent upmove in the Avalanche price looks reliable because it is supported by a high buying volume. It indirectly showcases that some genuine investors and crypto whales are accumulating AVAX at a cheap price.
The chart structure of this cryptocurrency shows that the downfall has taken a halt and the time for reversal has arrived.
At the time of writing, AVAX price with the USDT pair is trading at $11.99 with an intraday decline of -1.96%. The 24-hour volume to market is 9.56%.
Will Avalanche Price Get Tripled by 2026?
Avalanche price prediction for 2024 and 2025 is bullish and suggests that the next bullish run may be triggered. However, in 2026, a short-term correction is possible in the overall crypto market due to which AVAX price may also be impacted.
In 2024, Avalanche price may hit a potential high of $21.58, and the average price is expected to be $16.00. However, the potential low might be $11.00.
In 2025, Avalanche price might hit a new high at $30.00 and above. The average price will be somewhere near $22.00. The expected low could be $16.00.
In 2026, the price might take some time into the consolidation phase. Moreover, the short correction may also be seen.
AVAX Price Bullish on a Multiple Timeframe Chart
AVAX price is turning bullish on a multiple time frame chart. The daily and weekly price chart suggests the correction in the AVAX crypto is over and the bull run is about to begin.
Furthermore, if the overall crypto market performs well in the coming months, then it will be an advantage to Avalanche investors.
The MACD curve is rising upward and the distance between the MACD line and the average line is getting wider. It supports the bullish momentum in the price.
Conclusion
Avalanche price prediction is bullish for 2024 and 2025. However, short-term correction may be visible in 2026. At present, the AVAX price is in a recovery phase and bulls seem to be returning back on track.
Technical Levels
- Resistance levels: $16.00 and $18.18
- Support levels: $10.25 and $8.62
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
