Avalanche was trading close to a two-month high on Saturday, despite markets mostly consolidating. Another exception was filecoin, which surged to start the weekend, climbing by over 10% in today’s session. As of writing, crypto markets are trading 1.03% higher.
Avalanche (AVAX) was one of Saturday’s notable gainers, as prices moved close to a two-month high.
Following a low of $23.98 on Friday, AVAX/USD surged to a high of $25.91 to start the weekend’s session.
This move sees the token move closer to its long-term ceiling of $26.00, and a two-month high of $26.42.
Looking at the chart, today’s peak comes as AVAX has rallied for four consecutive sessions, pushing price strength to a multi-week high.
As of writing, the relative strength index