Avalanche’s (AVAX), has experienced a rise in investor interest, leading to an increase of 32.8% in the charts for the week, 34% on the charts for the next 14 days, and 35.4% compared with the previous month. Moreover, AVAX’s price has risen by 238.7% since March 2023.
Also Read: Avalanche AVAX Surges To Top-10 in Market Cap, Surpasses SHIB
The Avalanche Foundation launched a new X Account and expanded the Board of Directors. AVAX is also experiencing a spike in popularity amongst high-networth individuals. This has further pushed its price.
Can Avalanche Avax (AVAX), reach $60 in the next few days?
As per ChangellyAVAX may reach $60.61 by March. 16. 2024 Saturday will see a growth of 8.9% compared to current levels. Changelly also expects AVAX’s rally to continue for the next The platform anticipates that AVAX will reach the $101.63 mark on March. Platform predicts AVAX will hit $101.63 on March. 31 2024. This represents an increase of approximately 88.62% over current levels.
CoinCodex has also painted a bullish image for Avalanche AVAX for the next Few weeks. AVAX is expected to reach $60.62 on Saturday, March 16, 2024. 16, 2024. CoinCodex forecasts that AVAX would reach $183.05 in April. 10 2024 will see a 229% increase from the current level. The asset would reach a record high of $183.05, which is also surpassed its previous all-time peak of $144.96, reached in November 2021.
TelegaonAvalanche, on the other hand, has a bearish outlook. It predicts that Avalanche will reach a price maximum of $81.12 by 2024. AVAX is not expected to return to its previous high price until 2026 at the earliest, with a year-end maximum of $157.34.
Other altcoins could follow suit if Bitcoin (BTC), which is currently on a bullish trend, continues. BTC’s surge is likely due to increased inflows into spot BTC ETF (Exchange Traded Fund) products, which the US SEC (Securities and Exchange Commission) approved in January 2024.
“This article is not financial advice.”
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Source: watcher.guru