Price Prediction

Avalanche (AVAX ) Price Prediction 2022: Will AVAX Price Smash $250 Mark?

Written by: Elena R

January 17, 2022

The Avalanche has quickly gained attention with exponential growth that crypto investors are curious and searching the questions like Is AVAX price prediction in 2022? What will be the price increase for the year 2022, and beyond? How high can AVAX Price go?

This article will give you a detailed analysis of Avalanche introduction, Fundamentals, the Price forecast for the short-term as well as the long-term.

Overview:

Cryptocurrency.Avalanche.
Token.AVAX.
Price.$71.09.
Market Cap.$6,240,587,191.
Trading Volume.$1,078,580,600
Circulating Supply.173,629,643.63 AVAX.
All-time high.$75.05 on September 9th, 2021.
All-time low.$2.80 December 31st, 2020.

What is Avalanche?

Avalanche (AVAX) is the emerging smart-contracts platform in the crypto industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. AVAX platform is booming quick, low cost, and eco-friendly.

Avalanche has its own native token AVAX. The token is used to pay for fees, secure the network via staking, and provide a basic unit of account between the multiple subnets created on AVAX.

Fundamental Analysis:

The mastermind behind the Avalanche protocol is Carnell researcher Emin Gun Sirer, which was launched in September 2020. The main motive of this launch was to bring secure and fast transactions in the global payments space. Avalanche is a secure platform for launching dApps (Decentralised Finance), financial products, trading, and other services. Any smart contract availed application can rule over its competitors on Avalanche (AVAX).

Avalanche successfully launched its mainnet on September 21, 2020. Since then, the asset has seen tremendous growth to accomplish over 100+ projects, $1.6M+ of AVAX burned, and more than 500,000 community members around the world.

Avalanche has its own native token AVAX, that offers enhanced security with the potential of handling trillion transactions per second. This native token operates as a rewards and payment system for customers. Now you better know the platform’s functionalities. The next intriguing point is its price movements! Is the AVAX token a Good investment? Let see what the future holds for this booming altcoin in this AVAX Price.

AVAX Price Prediction 2022:

AVAX Price Prediction Q1 2022: Avax price has commenced a new year with a corrective move. With 20% negative gains, bulls have managed to accumulate a strength of around $82.47. The asset has not seen a clear breakout yet, hence little more correction seems appealing before skyrocketing. Once the buying pressure initiates to build up, then there are no potential barriers ahead of its road. If it breaks the $114 resistance mark, then it would easily claim $175 in Q1 as per its historical data. 

AVAX is all set for new milestones. Yes, the second half of the year is going to be the gamechanger for AVAX if bulls significantly hold the market for a certain period of time the price may surpass  $225.20 by the end of the year. Also, it may captivate a huge audience if it continues its development and other events at the same pace.

AVAX Price Prediction 2023:

If the currency continues its developments and tie-ups in the coming days, there are chances, the price may skyrocket to $278.26. On the downside in case market collapse and failure of updates may lead to a price drop to $135.28 Considering all the viewpoints the price may reach $179.29 by the end of 2021. 

AVAX Price Prediction For The Next Five Years:

When predicting the price for the long term, it is implicit to analyze its historical footprints and how it behaves when bears overtake the market. From a historical point of view, compared to the other coins, AVAX has responded well enough to the market fluctuations. So, this super fast and secure platform has the potential to reach $421.35 by the end of the next five years.

If the altcoin falls prey to any regulatory constraints or negative sentiments then the AVAX price may experience a pullback of the price rally to $258.26. If altcoin manages to pass all the incoming hurdles significantly the price would end up trading at an average price of $315.98.

AVAX Price Prediction 2030:

There are many challenges to be considered while making long-term forecasts. Heated debates on regulatory compliance across several countries could be a major threat to the growth of cryptocurrencies. 

As per the coin’s fundamental data and technical analysis, AVAX price may skyrocket to $450 by end of the year 2030, provided the platform’s active announcements, possible technology breakthroughs, and partnerships with reputed tech firms.

On the downside, as there are thousands of altcoins fighting to sustain in the market, going forward AVAX also needs to concentrate on strategies followed by the competitors, if it fails to do so the coin may fall as low as $618.56 by the end of 2030. Collectively, the average price of the coin could be $405.63 by the end of 2030.

AVAX Market Prediction:

WalletInvestor:

As per the revised prediction of wallet investors, AVAX price is forecasted to hit a maximum price of $260.309, minimum it would flip to $207.759. The token is expected to trade at an average price of $235.160.780 by the end of 2022. Walletinvestor anticipates the token to trade at a maximum price of  $843.056. And average price expected is $691.321, minimum it would plunge back to $517.01 by 2025.

DigitalCoinPrice:

According to DigitalCoinPrice, Avalanche will soar to reach a price close to $121.35 by the end of 2022. The price is expected to hit $200.79 by the end of 2025.

Gov.Capital:

Gov. capital has changed their prediction for the  Avalanche price, they expect the protocol to hit a maximum of $351.4. On the contrary, they believe, trend reversals in the market would plummet the price to $259.73. And with average buy and sell pressures it would end up trading at $305.566 by the end of 2022. The website has also made a whopping prediction in the long term, they expect the price to surge maximum of $1947.82. The average and minimum probabilities is being $1693.757 and $1439.69 respectively by the end of 2025. 

LongForecast:

As per the data analysis of LongForecast, the AVAX price may hit a new all-time high of $128.5 by this year-end. They hope that the price may skyrocket to $143.4 by the end of 2023. According to their website, the coin is best suited for long-term investments.

Our Price Prediction:

AVAX is one of the young and promising altcoins. We have brought you some interesting predictions for this coin. The altcoin would continue buzzing its milestones with constant upgrades this year.

According to Coinpedia’s formulated AVAX price prediction, it may smash $226.78 by the end of 2022. On the downside, market fluctuations and uncertain global conditions, even failure of upgrades can be a possible setback for the altcoin, and thereby the AVAX price may struggle to consolidate around $165.85 by the year-end. Considering all viewpoints, the average price of the AVAX would be around $140.56 by the end of this year.

Using the table below understand what is possible in terms of highs and lows.

Year.Potential High.Potential Low.
2022$226.78.$104.86.
2023$368.25.$128.37.
2025$500.56.$220.45.

Historic Market Sentiments:

2020:

AVAX made its debut in September 2020 with an initial coin offering of $5.40 with a market capitalization of $128,248,483. In the same month after smashing a peak price of $6.97, the price fell around $4. As the platform was not so active during the initial months of its launch, the price failed to reach new highs. The coin lingered at $3 for at least 4 months till the month of December.

2021:

AVAX is a rally with a price of $3.0905. As the founders intended to make this coin a big hit this year, they came up with a series of announcements. At the very beginning of the year they partnered with Reef Finance, this is where the actual bull rally began, and by the mid of January, the price smashed a new all-time high of $13.6 and consolidated at the same price for a few days.

With the following announcements of its partnerships with Beefy Finance and Pangolin, the price surged to ATH of $59.40 in the month of February but failed to sustain and dropped to the level of $25. Avalanche partnered with the graph in the month of April, which resulted in the price surge to $42.59. As a result of the crypto market crash on May 19th, the price plunged back to $15.58 and hovered around the same price till July end.

On August 18, the platform came up with a $180 million liquidity mining incentive event, amid this rising bullish sentiment. Continuing the uptrend, AVAX price surged to hit new ATH $75.05 on September 18th, 2021.

The AVAX price initiated Q4 with a crucial leg up. Traversing in the nice upward channel, the price jumped by approximately 100% surging from $51.26 to $103.45. The gradual price rise experienced minute fluctuations at $62.9 and $74.82 on its road to $100. However, bulls have managed to close their value above $100 by the year’s end despite the increase in negative sentiments. 

FAQ

Is AVAX a good investment?

Yes, if you are planning for the long term Terra looks promising, as the platform is coming up with new announcements, and also tied up with high-level tech firms.

Will AVAX price rebound to the $50 level?

As the platform recently launched a $180 million liquidity mining incentive event, there are possibilities that the price may rebound by $50 and also may hit new all-time highs depending on how the platform takes it further.

Where to trade AVAX?

AVAX can be traded on various exchanges like Binance, OKEx, Huobi, and many more.

Is AVAX worth buying in 2022?

AVAX has the potential to be a profitable short-term investment.

Also Read : Ethereum Price Prediction, Will Bulls take ETH Price to $5000?

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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