Greed

bullish

when

Avalanche

An analyst now predicts AVAX price to surge to nearly $46 as soon as next week with both medium and long term trends looking bullish. 
CoinCodex believes the price of Avalanche (AVAX) will nearly double as we enter the month of November. 
According to their Avalanche price prediction, AVAX is expected to reach a price of $ 35.38 by Nov 03, 2024. 
This would represent a 34.98% price increase for AVAX in the next 5 days. 
AVAX’s price prediction chart sees the crypto reaching $45.78 by November 4. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="847" height="351" src="https://franknez.com/wp-content/uploads/2024/10/AVAX-Price-Prediction-Chart.png" alt="" class="wp-image-93909" srcset="https://franknez.com/wp-content/uploads/2024/10/AVAX-Price-Prediction-Chart.png 847w, https://franknez.com/wp-content/uploads/2024/10/AVAX-Price-Prediction-Chart-300x124.png 300w, https://franknez.com/wp-content/uploads/2024/10/AVAX-Price-Prediction-Chart-768x318.png 768w, https://franknez.com/wp-content/uploads/2024/10/AVAX-Price-Prediction-Chart-676x280.png 676w" sizes="(max-width: 847px) 100vw, 847px">
 <figcaption class="wp-element-caption">
 AVAX Price Prediction Chart | CoinCodex.
 </figcaption>
</figure> 
According to CoinCodex, “Avalanche has been displaying a negative trend recently, as the coin lost -8.46% in the last 30-days. 
The medium-term trend for Avalanche has been bullish, with AVAX increasing by 1.03% in the last 3 months. 
The long-term picture for Avalanche has been positive, as AVAX is currently displaying a 137.22% 1-year price change. 
On this day last year, AVAX was trading at $ 11.29. 
Avalanche reached its all-time high price on Nov 21, 2021, when the price of AVAX peaked at $ 146.18. 
The current AVAX cycle high is $ 65.26, while the cycle low is at $ 8.69. 
AVAX has been displaying low volatility recently – the 1-month volatility of the coin is at 4.27. 
Avalanche recorded 13 green days in the last 30 days.“ 
The sentiment in the <a href="https://coinmarketcap.com/currencies/avalanche/" target="_blank" rel="noreferrer noopener">Avalanche markets</a> is currently Neutral, and the Fear &amp; Greed index is reading Greed. 
The most important support levels to watch are $ 25.68, $ 25.12 and $ 24.72, while $ 26.64, $ 27.03 and $ 27.60 are the key resistance levels. 
15 indicators are currently signaling a bullish prediction for Avalanche, while 14 indicators are showing a bearish forecast. — with 52% of indicators favoring a positive prediction. 
This results in an overall Neutral sentiment for Avalanche, per the report. 
Avalanche has recently partnered with&nbsp;Chainlink&nbsp;and other financial institutions, including Euroclear and Swift, to leverage AI and decentralized oracles to address fragmented data in corporate actions. 
This initiative aims to standardize unstructured data and enhance interoperability through Avalanche’s blockchain. 
Additionally, Avalanche has also introduced the&nbsp;<a href="https://franknez.com/avalanche-foundation-now-reveals-a-massive-collab-with-visa/">Avalance crypto card</a>, which can be used anywhere Visa is accepted. 
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Follow us on&nbsp;<a href="https://coinmarketcap.com/community/profile/FrankNez/" target="_blank" rel="noreferrer noopener">CoinMarketCap</a>. 
Also Read:&nbsp;<a href="https://franknez.com/analyst-now-predicts-a-5000-rally-for-shib/">Analyst Now Predicts A 5,000% Rally For SHIB</a> 
The post <a href="https://franknez.com/analyst-now-predicts-avax-price-to-surge-to-nearly-46/">Analyst Now Predicts AVAX Price To Surge To Nearly $46</a> appeared first on <a href="https://franknez.com">Daily Market News 🗞️</a>.

Analyst Now Predicts AVAX Price To Surge To Nearly $46

FrankNez

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