With recent cross-border market adjustments, altcoin prices have seen increased volatility, but the cryptocurrency market has quickly recovered, with Bitcoin returning to $60,000.
In this recovery, Avalanche (AVAX) has shown a surge in bullish sentiment, and AVAX price predictions remain optimistic as the altcoin market rebounds.
However, due to frequent fluctuations, investors are wondering: “How low can AVAX go?” or “Is Avalanche dead?” or “Will AVAX rebound in 2024?”
If you’re considering investing in Avalanche (AVAX), read our in-depth analysis for 2024 and 2025.
AVAX Token Price Prediction for August 2024
The death cross intensified the downward trend of the 50D and 200D EMAs, leading to AVAX trading at $21.75. A sharp reversal from $19.54 suggests a potential V-shaped recovery.
According to Fibonacci levels, the upward trend could continue to reach the 50% Fibonacci level of $34 by the end of the month. On the downside, the next support levels are at $19.54 and $17.28.
Avalanche Price Prediction for Q3 2024
In Q3 2024, the AVAX price trend may remain bullish above $30. With a breakout above the 50% Fibonacci level, Avalanche could reach the $50 mark by the end of Q3 2024.
The derivatives market supports this bullish sentiment, with a positive long/short ratio on Binance and other exchanges. Additionally, open interest (OI) is nearing the $200 million mark.
AVAX Token Price Prediction for 2024
Following a bullish Q3, if the market continues to recover, AVAX could reach the psychological $100 mark during an October rally. By the end of 2024, it might pull back to $62 as the market prepares for a New Year’s rebound.
AVAX Price Prediction for 2025
Looking ahead to 2025, AVAX is expected to continue its upward trend, with a minimum price of $48 and a maximum price of $160. The average price during this period is estimated to be around $91.
AVAX Price Prediction for 2026
In 2026, AVAX’s potential price is expected to rise further, with a minimum of $63.16 and a maximum of $74.15. The average price during this time is projected to be around $68.88.
CoinDarwin’s Avalanche Price Prediction
According to CoinDarwin’s AVAX price prediction, this altcoin could reach $100 by the end of 2024 and hit a new all-time high of $160 in 2025. Additionally, the bullish momentum is expected to continue in the coming years, maintaining a conservative outlook.
Based on CoinDarwin’s AVAX price prediction, we expect the AVAX token price to reach $100 by the end of 2024.
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