AVAX Price Prediction Next Week
Analysis and Insights
News Sentiment and Recent Developments:
Avalanche (AVAX) has been in the spotlight due to its recent developments and market trends. The launch of the Avalanche Card, a Visa credit card that allows users to spend AVAX directly, has generated positive sentiment and could drive adoption. However, AVAX is currently facing bearish signals, with over 80% of holders in losses as the price hovers around $19.
Technical Analysis:
The current price of AVAX is $21.39, with key Fibonacci levels indicating resistance at $19.90 and $20.37, and support at $18.39 and $17.92. The RSI of 47 suggests a neutral position, while the MACD is slightly negative but nearing a bullish crossover.
Price Prediction and Recommendation:
Based on the analysis, AVAX is expected to test the resistance level of $20.37. If it breaks above this level, the price could rise to $21.12. However, if it fails to break above $20.37, it may decline to $18.12.
Prediction:
- Target Price: $21.12
- Recommendation: Buy if AVAX breaks above $20.37; otherwise, sell.
AVAX Crypto Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
AVAX Price Forecast($)
Potential Return(%)
2025
126.030
188.930
2026
120.000
447.950
2027
120.000
447.950
2028
150.000
584.930
2029
150.000
584.930
2030
185.000
744.750