At the time of writing, the price of Bitcoin was $58,391.51. With Bitcoin Halving having both positive and negative effects on the crypto market, it’s time to finally explore what’s in for May.
Wondering how high Solana will go in 2024 and what the crypto market has for Avalanche?
Have a look below!
Solana Price Prediction 2024
Keeping in mind the key events that have been affecting the crypto market since the beginning of 2024, it is anticipated that the volatility rate of cryptocurrency will increase.
Spot Bitcoin ETF weakness, macroeconomic concerns, and other threats are seeing optimism for May. Prices for Solana (SOL) must close over $145 to resume their upward trend if the company has a successful May.
The main target of Solana is $183 and $205 resistance levels. However, if things go against and $127 support is lost, sales could accelerate.
From May to July, the markets are usually a bit monotonous. Dubbed the “sell and take a vacation” phase, levels of $117, $98, and $80 may be seen by investors. The $116 region is the rally’s expedited level; closes below this zone could result in double-digit prices.
Solana Price Prediction 2030
Even though the future remains unpredictable, it is estimated that the price of SOL might go up by 5% and reach $1667.38 and low $950 by 2030.
Avalanche Price Prediction 2024
AVAX has not been among the favorites from the start. At the time of writing, the current price of Avalanche is $32.59 per AVAX/USD. In general, the crypto has not seen any significant gains for this year.
The parallel channel resistance level that we have been talking about for months is at $50, and the primary breakout point for a triple-digit aim is in the $50–$52 range. After breaking through this barrier, the price is currently testing the $31.6 base support. Test candles with long tails indicate bulls are active near the support level, but sales down to $21 could continue if the base is closed below.
A successful outcome would see closes above the $50 and $52 region and possibly a retest of the $65 resistance.
AVAX Price Prediction 2030
Keeping in mind the current status of AVAX, it is estimated that the average price could be $215 and the lowest price could be $150.
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Disclaimer: This post is intended solely for informational purposes and should not be taken as legal, tax, investment, financial, or any other form of advice. Although all the information provided is true to the best of our knowledge, it is advisable to research well before making any kind of investments or decisions in general. The team of ReadingCrypto bears no responsibility in the event of any adverse outcomes.
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