- The AVAX price is at $37.64, with an intraday price dip of 1.10%.
- The MACD is rising above the signal line with stagnant growth in histograms.
| Current Price – $37.64(-1.10%) | Sentiment – Bullish |
| Max Supply – 720.00 Million | Fear & Greed Index – 67 (Greed) |
| Volatility – 19.36% (Very High) | Green Days – 22/30 (73%) |
| RSI – 89 (Sell) | 200–Day EMA – $15.51(Buy) |
| Trading Volume (24h) – $3.1 Billion | All-time high – $146.22 |
As of December 2023, Avalanche holds a market capitalization of $14 Billion, while the circulating supply is 365.8 Million AVAX.
What is Avalanche AVAX?
Avalanche is an open-source programmable smart contract platform for decentralized (DeFi) applications with blockchain security. Avalanche Network is compatible with solidity and it can power various applications like stablecoins, Defi protocols, and NFTs.
AVAX is the native cryptocurrency of the Avalanche network that can be used for transaction fees, staking, and governance, within the network.
Avalanche consists of three different blockchains: X-Chain, C-Chain and P-Chain. X-Chain is used to create and exchange the native AVAX tokens, C-Chain hosts smart contracts and decentralized applications and P-Chain coordinates network authenticator, tracks and creates subnets.
Avalanche AVAX Price Prediction for 2024, 2025, 2026, 2027, 2028, 2029, and 2030
| Year | Year Low | Year High |
| 2024 | $35.27 | $257.99 |
| 2025 | $98.76 | $250.39 |
| 2026 | $74.81 | $118.49 |
| 2027 | $80.34 | $184.76 |
| 2028 | $156.97 | $177.32 |
| 2029 | $169.38 | $319.24 |
| 2030 | $180.39 | $228.33 |
All the prediction data is based on the price performance algorithm of the Avalanche.
AVAX Price Prediction 2025
Based on our AVAX price analysis, the price of Avalanche could increase by 558% and reach $250.39. On the other hand, the minimum value AVAX could hit by 2025 is $98.76. These predictions depend on AVAX price action can be changed as per the AVAX’s future price action.
AVAX Price Prediction 2030
As per the price algorithm and previous price data, the price could gain 501% and reach up to $228.33 on the higher end and $180.39 on the lower end, by 2030.
Technical Outlook of AVAX Over Daily Timeframe
The price of AVAX had been falling since April 2022. However, there was high crypto demand in October and the AVAX price began to pump and move towards upper levels. AVAX faced some resistance near the $20 level but successfully crossed the hurdle. The crypto has maintained its upward move till now and is approaching the $54 barrier. If the price manages to sustain above immediate support at $31, we could see a continuation of the uptrend.
The AVAX token price is at $37.64, with an intraday price dip of 1.10%. However, the price increased by 66.52% over the past seven days, highlighting bullish dominance in the market.
Testimony of Technical Indicators
| Indicator( Occilators/Moving Averages) | Value | Prediction |
| Relative Strength Index | 89.26 | Sell |
| Chaikin Money Flow | 0.21 | Buy |
| Average Directional Index | 65.71 | Neutral |
| MACD (12, 26) | 4.71 | Buy |
| Bull Bear Power | 20.29 | Neutral |
| Stochastic %K (14, 3, 3) | 88.86 | Sell |
| 20-Day EMA | 27.20 | Buy |
| 50-Day EMA | 21.20 | Buy |
| 100-Day EMA | 17.28 | Buy |
| 200-Day EMA | 15.51 | Buy |
| Volume Weighted Moving Average (20) | 28.89 | Buy |
AVAX Price Prediction Tomorrow and Next Week
| Date | Price | Change |
| December 13 | $38.09 | 0.00% |
| December 14 | $40.08 | 5.21% |
| December 15 | $39.25 | 3.05% |
| December 16 | $35.27 | -7.43% |
| December 17 | $37.89 | -0.55% |
| December 18 | $42.71 | 12.11% |
| December 19 | $41.19 | 8.13% |
The predicted price data is based on the monthly and weekly performance of Avalanche.
Avalanche Price Prediction FAQs
What is AVAX’s Price Today?
Based on the latest data of AVAX, the price decreased by 1.10% and reached $37.64 by December 12, 2023.
What is the all-time high of AVAX?
The AVAX token has an all-time high price of $146.22, and the current price is 74.06% below the record-high price.
What is the Intraday Trading Volume of AVAX?
The crypto has an intraday trading volume of $3.1 Billion with an increase of 7.35% in today’s session.
What is the Market Capitalization of AVAX?
Avalanche has a market cap of $14.0 Billion with an increase of 6.18% on Tuesday.
Will AVAX Reach $1000?
Avalanche would need to gain 2,548% to reach $1,000. The highest expected price is $1,936.99 which is achievable by 2048 and AVAX could hit the $1000 mark by 2045.
Will AVAX Reach $10,000?
Avalanche would need to gain 26,392% to reach $10,000. The price prediction suggests that AVAX will not hit the $10,000 mark, as the highest achievable price is $1,936.99 by 2048
Is AVAX Token a Profitable Investment?
The current market sentiments are bullish and the price is approaching the upper levels. The year-to-date performance of the crypto is 246.33%, reflecting a positive outlook for the investors.
Conclusion
The AVAX token is facing high buying pressure and bulls maintained their dominance. The oscillators are generating a sell signal while moving averages are giving a strong buy signal. The MACD and RSI are favoring bullish dominance. The yearly and monthly performance of AVAX is green, which could attract future investors. The technical analysis suggests that the price could rise further in the upcoming sessions.
Technical Levels
| Levels | Value(USD) |
| Support 2 | $20.60 |
| Support 1 | $31.36 |
| Price | $37.64 |
| Resistance 1 | $53.96 |
| Resistance 2 | $77.69 |
Disclaimer
Investing in stocks and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies, stocks, or other ICOs. Since everyone has their uniqueness, a certified professional should be continually consulted before making any economic decisions.