Avalanche June Price Prediction: Can AVAX Hit $50?

Vignesh Karunanidhi
Source: Binance Academy

Avalanche (AVAX) has seen a significant rise in investor activity. However, AVAX hasn’t shown much movement in the last 24 hours. However, AVAX has dropped by 8.6% in the last seven days and is up by 11.6% in the last 30 days. Moreover, AVAX’s price has risen by 152.5% since last year.

According to CoinGecko data, AVAX is hovering around the $37.29 level. The coin hasn’t shown much movement in the last 24 hours.

Also read: Solana Forms Post-Breakout Higher Low: Can SOL Hit $200 This Week?

Source: CoinGecko

How high can Avalanche go in June?

According to Changelly, AVAX could surge to a maximum of $57.14 by June. Moreover, Changelly anticipates AVAX to continue rallying for the next few weeks, hitting a minimum of $46.65 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 $5o by June and $120 by June end. However, AVAX is down by 74.3% from its all time high of $144 on November 21, 2021.

Also read: Chainlink (LINK) Forecasted To Surge 150%: Here’s When

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, aiming for the $50 level.

Also read: Ethereum June Price Prediction: Can ETH Hit $4,000?