Is Avalanche currently in an uptrend?
According to analysts, the answer is no. Since April 21, 2022, Avalanche has been on a long-term downswing, decreasing in value by -53.47 percent. The 200-day moving average is currently -10.11 percent less than the current price, -37.92 percent less than the 100-day moving average, and -48.25% lower than the 50-day moving average.
The Avalanche Forecast for 2023
The one-year forecast is generally seen as the most accurate.
Some analysts were optimistic, predicting a 12-month price target of $40.46. Others were much less optimistic, with an anticipated price of $30.69.
The most recent average price target for the following year is $34.98, which is the most crucial number.
This indicates that Avalanche may rise by 0.21% over the next year.
AVAX - Relative Strength Forecast
AVAX - Trend Prediction
AVAX - Price Volatility Prediction
AVAX - Relative Strength
AVAX - Momentum Forecast
The Future of Avalanche In 2025-2030
The future of Avalanche looks bright according to twelve analysts who predict that the cryptocurrency will reach $35.13 by March 2025. In five years, the price of Avalanche is expected to be $35.28, and by 2030, it is anticipated to reach $35.50.