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Avalanche April End Price Prediction: Can AVAX Hit $50?

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By Aggregated - see source on April 23, 2024 Altcoin
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Avalanche (AVAX) has seen a significant rise in investor activity. AVAX hasn’t shown much movement in the last 24 hours. However, AVAX has spiked by 13.4% in the last seven days and is down by 28% in the last 30 days. Moreover, AVAX’s price has risen by 126.5% since last year.

According to CoinGecko data, AVAX is hovering around the $38.64 level. The coin hasn’t shown much movement in the last 24 hours.

Source: CoinGecko

Also read: Can Binance Coin (BNB) Hit $800 By April End?

How high can Avalanche go by April end?

According to Changelly, AVAX could surge to a maximum of $58 by the end of April. Moreover, Changelly anticipates AVAX to continue rallying for the next few weeks, hitting a minimum of $47 during this period. The platform anticipates AVAX to reclaim the $50 level.

CoinCodex also paints a bullish picture for Avalanche (AVAX) for the next few weeks. The platform anticipates AVAX to hit $51 by the end of April and $129 by mid May. However, AVAX is down by 73.53% from its all time high of $144 on November 21, 2021.

Also read: Shiba Inu May Price Prediction: Can SHIB Hit $0.0001?

Source: Coincodex

If Bitcoin (BTC) continues its bullish outlook, other altcoins may do the same. However, if the price of BTC plunges, AVAX is unlikely to attain that level.

Nevertheless, the market can be quite unpredictable and could go either way, depending on its nature. As of now, AVAX stands strong above the $50 level.

Also read: Cryptocurrency: Top 3 AI Coins To Buy For 2X Profit

Credit: Source link

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