Key Takeaways
- AVAX’s Current Status: The price has maintained a well-balanced ascending trend since August and is believed to close the September trade on a bullish note. The Avalanche price is trading at [current_prices pair=”AVAXUSDT”], with a decent rise of 13% in the past week. Technical Analysis: The AVAX price has rebounded from the crucial support zone around $20 multiple times, indicating a strong presence of bulls. Meanwhile, the technicals like RSI, MACD, DMI, etc. have flipped in bullish favor. However, a rise above the 200D MA may validate an increase from the bearish influence.
- Market Performance: The latest upswing has triggered an 11% rise in the past couple of days, raising the market cap by 13.23%, which has secured levels above $10 billion. Besides, the volume increased by nearly 90%, suggesting a massive increase in the trader’s interest.
- AVAX Price Prediction: The sustained upswing has revived the possibility of maintaining a strong ascending trend and reaching the upper pivotal zone. The bullish sentiments for the crypto have surged to 83%, suggesting most of the traders remain bullish on Avalanche. Hence, the price is believed to reach the pivotal resistance around $40 very soon.
- Future Outlook: The use cases of Avalanche have been rising with the major platforms like cross-chains, which have listed their tokens on AVAX and a few other chains, offering seamless swaps for the users. Hence the future outlook for the token remains bullish to reach higher targets
Where will Avalanche Price Head Next?
- The weekly chart of Avalanche suggests the price is heading toward the end of a consolidation, which may trigger a massive run ahead.
- The price rebounded from the lower support of the ascending triangle and may test the upper resistance in the coming days.
- The MACD is about to undergo a bullish crossover as the sling pressure has dropped to a large extent along with the DMI suggesting the beginning of a fresh bullish spell.
- Therefore, the Avalanche price is believed to breach the resistance at $30 and further enter the pivotal resistance zone around $35 which may elevate the levels above $40
| Indicator | Value |
|---|---|
|
Support levels (Fibonacci, S1/S2/S3)
|
$22.6 / $20 / $15.75 |
|
Resistance levels (Fibonacci, R1/R2/R3) |
$31 / $33.7 / $39
|
|
50-day EMA |
$24.6
|
|
200-day EMA |
$30.2
|
|
RSI level |
53.65 |
|
MACD level (Signal Line) |
+0.28 |
Avalanche Price Prediction September 2024
The Avalanche price rebounded from the descending trend after rebounding during the first week of the month. While the price has been maintaining a decent ascending trend, the bears continue to remain vigilant, which holds the bearish possibilities. The trade is approaching the last phase of the quarter, and hence the volatility is expected to rise. Moreover, the latest rebound is believed to close the monthly trade above the pivotal resistance at $32, while an extended bullish push may assist the price to surpass $35.
The bullish close for the month could have offered the required momentum to maintain a strong ascending trend. Historically, October has been bullish for the crypto market, which has always provided a strong boost to reach higher targets. Hence, the AVAX price is also believed to maintain a sustained upswing and secure levels above $42. However, just before the end of the month, the price may face an extended bullish action and reach $45.
After a massive run of over 35%, the bulls may remain passive following extreme exhaustion, causing the token to face a small dip. Regardless of this, the token may hold above the support finely, keeping the bullish hopes alive. As the trade progresses into the second half of the month, the bulls could reclaim their dominance, and the price may revamp a steep bullish trend. By the end of the month, the AVAX price is believed to reclaim $50, activating the higher targets beyond $60 for the upcoming month.
As the Avalanche price enters the last phase of the quarter, the volatility surges with a huge rise in buying volume. With a large influx of liquidity, the price is believed to gain strength and initiate a strong upswing, which may further transform into a bull run. The price may initially surpass the yearly high and achieve the levels around $70. During the last few days of the month, the traders may become more hopeful and elevate the AVAX price close to $75 to $78 at the end.
Avalanche Price Prediction 2025
In 2025, Avalanche price is expected to experience significant volatility as it navigates through both bullish and bearish phases. The price range for AVAX price during this year could oscillate between $50 and $75, driven by market dynamics and broader adoption of the Avalanche network. The year might start with AVAX consolidating within the lower end of this range as it recovers from any potential end-of-year corrections in 2024. However, as the year progresses, the introduction of new decentralized applications (dApps) and improvements in Avalanche’s ecosystem could propel its price upwards.
Technically, the 50-day and 200-day EMAs might play a pivotal role in guiding the price movement, with a potential golden cross signaling a strong bullish trend. The RSI and MACD indicators could provide further confirmation of the market’s momentum, especially during periods of increased trading volume. Overall, 2025 might be a transformative year for AVAX price as it aims to solidify its position within the top tier of cryptos.
By 2026, Avalanche price trajectory could be characterized by steady growth, with AVAX potentially reaching new highs in the range of $80 to $100. This year could see Avalanche benefiting from continued developments in its ecosystem, including enhanced scalability and interoperability features that attract more projects and users to the platform. The price may experience periods of consolidation, especially after reaching key psychological resistance levels, but the overall trend is likely to be upward.
Technical indicators such as the Fibonacci retracement levels might help identify potential support and resistance zones, while the Bollinger Bands could signal periods of volatility and price expansion. The market sentiment surrounding AVAX price is expected to be positive, supported by strong fundamentals and increasing institutional interest. As the crypto market matures, 2026 could mark a year of solid performance for AVAX price, with the potential for further growth in the years ahead.
In 2027, Avalanche is anticipated to continue its upward momentum, with the price potentially ranging between $110 and $140. This year could be marked by increased mainstream adoption of Avalanche-based solutions, leading to higher demand for AVAX. The network’s ability to handle a growing number of transactions without compromising on speed or security could be a significant factor driving its price higher.
Technically, the year might see AVAX price breaking out of long-term resistance levels, with the RSI indicating overbought conditions during periods of rapid price appreciation. The MACD could show a series of bullish crossovers, suggesting sustained upward pressure. As the crypto space evolves, Avalanche’s innovative features and growing ecosystem could position it as a leader in the decentralized finance (DeFi) sector, further boosting its price potential.
By 2028, Avalanche price might be trading within a broader range of $150 to $180, reflecting its maturity as a blockchain platform and its solidified position in the crypto market. The year could witness Avalanche expanding its ecosystem with more partnerships and integrations, further driving the demand for AVAX price. This period might also see Avalanche benefiting from advancements in blockchain technology, including better energy efficiency and enhanced security measures.
Technical analysis tools such as Ichimoku Clouds could provide insights into AVAX price trends, with potential bullish signals indicating periods of strong upward movement. The market might also witness increased participation from institutional investors, further stabilizing AVAX price. As the global adoption of blockchain technology continues to grow, 2028 could be a milestone year for Avalanche, with significant price appreciation expected.
In 2029, Avalanche price could potentially reach a range of $200 to $250, driven by continued innovation and adoption within its ecosystem. The year might see Avalanche becoming a dominant force in the blockchain space, with its technology being used in a wide range of applications beyond just finance, including supply chain management, gaming, and identity verification. The growing utility of AVAX could lead to increased demand and a corresponding rise in price.
From a technical perspective, the 2029 market could be influenced by long-term moving averages, with the 100-day and 200-day EMAs providing crucial support and resistance levels. The RSI might show sustained bullish momentum, especially during periods of significant price movements. As the blockchain industry evolves, Avalanche’s robust infrastructure and adaptability could ensure its continued success, making 2029 a year of substantial gains for AVAX price.
Looking towards 2030, Avalanche price might be trading within a range of $250 to $300, reflecting its established role as a leading blockchain platform. This year, Avalanche could achieve widespread recognition as a key player in the global digital economy, with its technology being adopted by governments, corporations, and individual users alike. The increased utility of AVAX across various sectors could drive its price to new heights.
Technical analysis for 2030 might focus on long-term trends, with the possibility of AVAX price forming a parabolic price pattern as it approaches new all-time highs. Indicators such as the RSI and MACD could show strong bullish signals, confirming the market’s confidence in Avalanche’s future prospects. As the world embraces the potential of blockchain technology, 2030 could mark a significant milestone in Avalanche’s journey, with its price reflecting the platform’s achievements and future potential.
Will Avalanche Price Rise Again in 2024?
Avalanche is among the well-performed tokens, gaining significant attention and adoption with multiple use cases. Therefore, the upswing that has begun since the last trading month is believed to prevail until the end of the year and reach fresh highs.
