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Avalanche (AVAX) has shown promising trends, forming cup and handle patterns on its daily charts. Analysts anticipate that AVAX may surpass the $32 and $41 price points soon, with a remarkable potential growth of 1296% by 2030, reaching $350-$400.
As a smart contract platform, Avalanche is crucial for developing DApps, DeFi platforms, and more, currently ranking as the 12th largest cryptocurrency with an $11 billion market cap. The increasing demand for smart contracts is projected to grow by 81.9% CAGR, benefiting platforms like AVAX.
Technically, bullish signals are evident; the RSI stands at 62, indicating strength, while MACD shows positive momentum. Predictions suggest that AVAX could rally past $32 by next month, potentially hitting $41 by year-end, with an optimistic outlook during an altcoin season driving it toward $65.
In 2025, prices might rise to around $70, and by 2026, during a peak alt-season, AVAX could reach $100. However, a correction might occur, bringing it back to $50 in 2027. The anticipated 2028 Bitcoin season could see prices soar to $150. By 2029, AVAX might hit $250-$300 with another alt-season, ultimately exceeding $300 by 2030.
Future growth heavily relies on fundamental factors and governance decisions. ✨
