The cryptocurrency market might be on the verge of another 2021-like rally. Bitcoin (BTC) has reclaimed the $62k level, last seen in 2021. The original crypto is only 8.9% away from reaching its all-time high of $69,044. BTC’s surge has trickled into other projects, like Avalanche (AVAX).
AVAX has rallied 6% in the daily charts, 11.4% in the weekly charts, and 16.7% over the previous month. Moreover, the asset’s price has surged by over 135% since late February 2023.
Also Read: How To Bridge to Avalanche?
How high can Avalanche (AVAX) go in March 2024?
According to CoinCodex, AVAX could hit $45.22 on Mar. 5, 2024, a rise of about 8.78% from current levels. However, the platform anticipates AVAX’s price to fall to $38.90 on Mar. 13, 2024. According to CoinCodex, AVAX could reach a maximum of $45.89 in March, which it may attain on the 18th.
Also Read: How to Add Avalanche to MetaMask?
Changelly also paints a similar picture for Avalanche (AVAX) in March. The platform anticipates the asset to hit $45.41 on Mar. 5, 2024. Moreover, Changelly predicts AVAX to hit a maximum price of $46.09, which it could attain on Mar. 18, 2024. Reaching $46.09 from current levels would translate to a growth of about 10.8%. Moreover, according to Changelly, the $46.09 level will be the highest price point for Avalanche (AVAX) in 2024. The asset may see a downward trajectory throughout the year.
Telegaon, on the other hand, is far more bullish on AVAX than Changelly. The platform anticipates AVAX to hit a maximum price of $81.12 this year. Reaching $81.12 from current levels would translate to a growth of over 95%.
Avalanche (AVAX) is currently down by over 71% from its all-time high of $144.96, which it attained on Nov. 21, 2021.
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