Avalanche Price Prediction: AVAX Hits Support At $24.50, Sparking Rumors That A Climb Back To $50 Is On The Cards

This month's AVAX price performance shows a recovery that could see the coin head towards $50. This recovery narrative follows the coins' 35% growth in the last month after a substantial drawdown that started in December last year. However, with the AVAX coin recently finding support at the $24.50 range, traders are speculating a new Avalanche price prediction. 

Here is a full breakdown of the Avalanche price prediction as technical indicators flash green amidst rising interest in AVAX coin.

Does The Avalanche Price Prediction Mean The End Of The Bear?

Investors and traders are now eyeing a return of the AVAX price to a new bullish path, seeing how recent performance shows a return of institutional demand. The AVAX price drawdown since 2024 has seen many investors lose hope, with many pulling out while the coin continues downward. However, Avalanche price prediction brings back a look towards the 2025 high zone. 

Early 2024 saw the AVAX coin on a bull run from the late 2023 surge, climbing from $8 to $65 by early 2024. Meanwhile, while the 2024 growth boosted the community interest in AVAX, the price has struggled to maintain the momentum. However, the recent pullback from the long bear dominance is changing the market sentiment along a bullish path as the price consolidates at $24.50.

Primary Factor To See AVAX Price Climb Back To $50

While the Avalanche price prediction of $50 might be optimistic, fundamental factors suggest this could happen soon. The Avalanche ETF rumor is one fundamental factor driving investors and analysts' forecasts on AVAX's potential to hit $50.

According to a Bloomberg Avalanche ETF report, there is a strong possibility that the market will see an Avalanche ETF before the end of the year. 

Moreover, while the ETF speculations continue to raise the market-wide sentiment, recent partnerships also bring in institutional demand. Mastercard, JPMorgan, and Citi are some of the top institutions with which Avalanche has recently partnered for tokenized assets. Analysts are already falling behind the Avalanche price prediction of $50 as recent growth shows the project's rising adoption.

How Remittix Compares As An Emerging Crypto Project

While the Avalanche price prediction presents a strong case for 100% growth, Remittix is emerging as a high-profit alternative. Remittix is breaking into the crypto remittance industry as a high-growth project backed by in-demand utilities. The Remittix low-cap solution makes it a high-potential alternative for investors with its unique propositions.

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• A hybrid payment solution that offers users instant, low-fee cross-border payment using crypto to pay fiat. 

• Security proven with industry-standard vetting for smart contract safety

• Exchange listing set to see Remittix price explode more than 30x this year with rising popularity 

While Remittix continues shining at $0.08, the price is projected to hit $2+ by the end of the year. Traders buying now also have a chance to win $25,000 in the ongoing giveaway.

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