- 1
AVAX coin has broken a major downtrend. See the levels below. - 2
The bulls have just reclaimed the support level and are looking to break a supply zone. - 3
The 2027 price prediction suggests high volatility with an absolute growth of 444.74%
The Avalanche coin (AVAX/USD) started falling as soon as the downfall of the cryptocurrency market started. The AVAX coin price broke several support levels during its bearish phase in 2022. At press time, the coin is trading at $17.9. The coin has broken its downtrend and has confirmed it is making a higher low above it in the daily time frame. The demand zone for the current price action is at $10.69, while the immediate supply zone is at $21.00. `
AVAX Price Prediction 2024-2027
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) | Growth in % | Volatility change |
2024 | 18.42 | $26.15 | 33.87 | 90.60% | 91% |
2025 | 32.77 | $42.35 | 51.93 | 53.32% | 158% |
2026 | 54.85 | $64.23 | 73.61 | 41.75% | 134% |
2027 | 64.78 | $80.79 | 96.8 | 31.50% | 149% |
AVAX Price Prediction 2024
By 2024, there is a possibility that the AVAX coin’s average price may reach around $26.15. Although, the highest it could go within a year is $33.87, while the lowest it could dip to is $18.42. This means that there is a potential growth of up to 90.6% when compared to the current trading market price of AVAX.
AVAX Price Prediction 2025
According to crypto experts, there is a possibility for moderate-high growth in the AVAX coin price in 2024. The AVAX coin is expected to reach a potential high of $51.93 in 2025, with a low volatility of 53.32%. The average price of the AVAX coin is projected to be around $42.35, but there is also a chance for the price to drop down to $32.77 due to bearish trends.
AVAX Price Prediction 2026
The technical analysis foresees that by 2026, the coin is supposed to encounter a high growth of over 41.75% from its earlier year’s high, pushing the 52-week high value up to $73.61. Besides, there is a possibility that the coin can hit a low of $54.85 during that period, with an average price of $64.23.
AVAX Price Prediction 2027
Crypto analysts predict that AVAX may experience a surge of up to 31.50% from its 2026 high, reaching a new 52-week high in 2027. The potential high for AVAX is estimated to be $96.8, while the lowest price projection is $64.78.
Conclusion
The Avalanche coin (AVAX/USD) faced high volatility during the year 2021-2022. Currently, the AVAX coin price has broken a major downtrend after making a higher low above the trendline. The prediction of the AVAX coin is bullish till 2027.
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 in stocks, cryptos or related indexes comes with a risk of financial loss.
Source: https://www.thecoinrepublic.com/2023/11/13/avax-price-prediction-2024-2027-will-avax-reach-100-soon/