Avalanche (AVAX) Price Prediction: Will AVAX Hit $50?

Avalanche (AVAX) price trades around $40 as of writing the article after rallying more than 20% the previous week. The announcement of the Avalanche9000 upgrade on November 25 has raised investors’ interest and activity on the AVAX blockchain, with its trading volume and open interest rising to record levels, indicating a rally in AVAX tokens in the upcoming days.

This article will dive in Avalanche (AVAX) price prediction from 2024 to 2050, analyzing whether AVAX can hit $50 amid current bull run.

BTCC, one of the longest-running crypto exchanges in the world,  supports trading for 300+ cryptocurrencies with leverage ranging from 1Χ to 500Χ. If you want to start trading cryptocurrencies, you can start by signing up for BTCC.

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Table of Contents

Avalanche (AVAX) Overview

Avalanche9000 Upgrade Goes Live on the Fuji Testnet

Avalanche (AVAX) Price Prediction

Can AVAX Hit $50?

How to Buy AVAX?

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Avalanche (AVAX) Overview

Cryptocurrency	Avalanche
Token	AVAX
Price	$ 41.4021 -1.45%
Rank	10
Market Cap	$ 16.9B
24H Trading Volume	$ 3.3B
All-time High	$ 146.1760
All-time Low	$ 2.7855
24 High	$ 47.5890
24 Low	$ 40.0738
Cycle High	$ 65.2553 / 2021-09-29 05:15:00
Cycle Low	$ 8.6885 / 2023-10-19 01:45:00
Update Time	2024-11-26 09:18:06

AVAX USDT-margined perpetual futures contracts with a leverage of up to 50x are available on BTCC platform. If you are interested, click the button below to buy AVAX⇓

Avalanche9000 Upgrade Goes Live on the Fuji Testnet

Avalanche’s official Twitter account announced on Monday that its Avalanche9000 is live on the Fuji testnet, with its mainnet launch expected in the coming months. The upgrade will reduce deployment costs by 99.9%, allow interchain communication, and unlock over $40 million in retroactive rewards to developers.

“Avalanche9000 is the largest network upgrade that Avalanche has undergone since its mainnet launch, combined with the groundbreaking Avalanche consensus that gives any application near-instant finality. This upgrade will make launching your own L1 more economically feasible, simpler to customize, smoother to maintain and quicker to bring to market.”, says its blog post.

This announcement has led to a recent spike in traders’ interest and liquidity in the Avalanche chain. According to Santiment’s data, AVAX’s daily trading volume soared from $1.4 billion on Sunday to $2.22 billion on Tuesday, the highest since March.

Avalanche’s Open Interest (OI) is also supporting the bullish outlook. Data from Coinglass reveals that the futures’ OI in AVAX at exchanges increased from $355.67 million on Thursday to $525.41 million on Monday, the highest level since mid-March. An increasing OI represents new or additional money entering the market and new buying, indicating at a potential price rally for Avalanche in the near future.

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Avalanche (AVAX) Price Prediction

As of writing this article, AVAX is traded at $ 41.4021, boasting a market cap of $ 16.9B, and witnessing a hefty 24-hour trading volume of $ 3.3B. AVAX saw a 24-hour price change of -1.45%, with minor fluctuations of -1.88% in the past hour.

The following sets forth the AVAX to USD Chart

Avalanche Price

Avalanche (AVAX) Price Prediction 2024

According to our price prediction on Avalanche (AVAX), Avalanche Price is predicted to move exponentially in 2024. The highest forecast for AVAX in 2024 is $63.33 and the lowest at $37.19, resulting in an average price hovering around $50.26.

Here are the possible price changes we expect for Avalanche (AVAX) in the next half month:

 Avalanche (AVAX) Price Prediction 2025

In terms of Avalanche (AVAX) price prediction for 2025, the maximum price level of AVAX token is predicted to be $ 62.3788. Under a bearish circumstance, AVAX is projected to drop to a lowest level of $ 39.2517, with an average price of $ 58.8196 throughout the year.

Avalanche (AVAX) Price Prediction 2030

While accurately predicting the growth and evolution of digital currencies and their utilities is inherently challenging, our AVAX price prediction for 2030 concludes with a stable outlook.  Specifically, we forecast a high of $ 86.4039, a low of  $ 47.2723, and an average price of  $ 77.3346 .

Avalanche (AVAX) Price Prediction 2050

In terms of long-term price prediction for 2050 on Avalanche (AVAX), it is projected that Avalanche (AVAX) would be traded at a minimum price of $ 153.4176. The maximum price could be $ 277.6633, with an average price of $ 254.7398 throughout the year.

Potential Highs & Lows of Avalanche (AVAX)

Can AVAX Hit $50?

If the market sustains its bullish momentum, the Avalanche price may poised to test its resistance level of $48.25. Moreover, if the positive influence is sustained, this altcoin could head toward its upper resistance level of $57.20.

Conversely, if the bears regain control, the AVAX token could retest its support level of $40. Furthermore, if the bearish sentiment intensifies, Avalanche could plunge toward its lower support level of $31.50.

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How to Buy AVAX?

AVAX USDT-margined perpetual futures contracts with a leverage of up to 50x are available on BTCC platform. If you are interested in AVAX and want to buy the token, you can start by signing up for BTCC platform.

The following sets forth the guidance for trading AVAX futures on cryptocurrency exchange BTCC:

Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first.

Step Two: on the BTCC official homepage, choose “Deposite”, and then fund your account with your preferred method (fiat deposit, crypto deposit or convert).

Step Three: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find AVAX crypto trading pair.

You can also click the button below to directly enter AVAX trading page⇓

Step Four: choose the contract trading order type. Futures contract orders on BTCC platform include market orders, limit orders and SL/TP orders.

• Market Order: users place orders at the best price in the current market to achieve fast trading.
• Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
• SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Step Five: adjust the leverage multiple.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance level.

Step Six: choose the lot size and set the SL/TP price .

Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Step Eight: click the buy or sell button, and AVAX futures contract order is completed.

That’s all information about Avalanche (AVAX). If you want to know more information about Avalanche (AVAX) and other cryptocurrencies, please visit BTCC Academy.

About BTCC

BTCC, one of the longest-running exchanges in the world, supports crypto copy trading, spot trading, as well as futures trading for 300+ cryptocurrencies with a leverage ranging from 1Χ to 500Χ.  If you want to trade cryptocurrency, you can start by signing up for BTCC.

BTCC is among the best and safest platforms to trade cryptos in the world. The reasons why we introduce BTCC for you summarize as below:

• Industry-leading security
• High Liquidity & Volume
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