AVAX Rises to $10.11 as Dubai Court Document Verification Goes Live on Avalanche
- —AVAX at $10.11: indicator shows 4.27% daily gain, but only about 1% above prior close of $10.01
- —Daily volume of $376.65 million is 34.66% below the 30-day average
- —MACD is bearish, RSI at 49.6, price below SMA-5, 7, 15 and 30
- —AVAX is 93.04% below its all-time high of $145.31 set in November 2021
Why it matters: Institutional use of Avalanche in Dubai's court system could support demand, but weak volume leaves the rally unconfirmed.
Source: DiarioBitcoin