AVAX bulls maintained strong momentum well into the last 24 hours. This outcome was likely influenced by a different development. Uniswap reportedly expanded into the Avalanche blockchain.
AVAX bulls extended their dominance well into the last 24 hours . Its rally pushed as high as $15.97 for an aggregate 24% gain in the last two days.
However, it did experience some selling pressure after the rally, pulling back to a $15.25 press time price level. This pullback occurred after a brief interaction with the 200-day moving average which acted as a take-profit level for some traders.Note that AVAX was not yet overbought despite the latest rally, although the Relative Strength Index pushed close to the overbought range.
That demand was short-lived for most cryptocurrencies but that was not the case for AVAX. AVAX bulls maintained strong momentum well into the last 24 hours.blockchain. This means DeFi users will now access Avalanche and its offerings.
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