AVAX Crypto Eyes Key Fibonacci Levels Amid Bullish Momentum
Avalanche's cryptocurrency, AVAX, has been on a bullish trend since September 2nd, after retesting the $7 former resistance zone at the end of August.
The spot CVD for AVAX has been rising slowly since the 4th of September, and the Open Interest has also increased from $145.6 million to $164.9 million according to Coinalyze data.
The Funding Rates have been positive, indicating that market participants remain bullishly positioned.