the AAVE asset is showing bullish signs
Past Price Analysis Of AAVE Crypto Over 1-D Chart
The AAVE price chart highlights that in the past session price rose substantially from the demand zone of $50.0 to $130. However, the crypto asset stumbled as the price failed to leap over it, and presented a price correction in its incline, and the price reduced to form a support near at $80.0.
AAVE Price Prediction Of Recent Daily Chart
After plummeting, the price of AAVE crypto has formed a mighty comeback, beating its previous high level, beginning from a major support level of around $80.0. The AAVE crypto now appears willing to resume this massive surge as it has already gone past its previous high price mark of $130.0 and is geared up to bang the above resistance level and exhibits a price surge possibility to new peak levels from the current resistance turned support level of $120.0.
On observing the price chart data over the daily chart, the AAVE asset is showing bullish signs and the price structure presents the capacity over the daily chart that it has the potential to extend further. It has performed well in the past week, month, and quarter with a 9.63%, 54.31%, and 30.87% surge respectively, implying a solid uptrend. Moreover, the AAVE crypto asset is revealing bullish potency and rising capability as it maintains above major 20 and 50-day EMA bands.
At the time of publishing, the crypto had declined by 1.46% in the last 24 hours and was trading at $140.67 at press time. Therefore, if the demand for the AAVE token increases unexpectedly, the asset price could jump back from the current level. Then the next goal for the price could be to reach $190.0 while the resistance would be at $160.
However, if the AAVE crypto price fails to stay above the $120.0 level, it could decline further and could reach $100.0 as well.
The AAVE price chart highlights that in the past session price rose substantially from the demand zone of $50.0 to $130. However, the crypto asset stumbled as the price failed to leap over it, and presented a price correction in its incline, and the price reduced to form a support near at $80.0.
AAVE Price Prediction Of Recent Daily Chart
After plummeting, the price of AAVE crypto has formed a mighty comeback, beating its previous high level, beginning from a major support level of around $80.0. The AAVE crypto now appears willing to resume this massive surge as it has already gone past its previous high price mark of $130.0 and is geared up to bang the above resistance level and exhibits a price surge possibility to new peak levels from the current resistance turned support level of $120.0.
On observing the price chart data over the daily chart, the AAVE asset is showing bullish signs and the price structure presents the capacity over the daily chart that it has the potential to extend further. It has performed well in the past week, month, and quarter with a 9.63%, 54.31%, and 30.87% surge respectively, implying a solid uptrend. Moreover, the AAVE crypto asset is revealing bullish potency and rising capability as it maintains above major 20 and 50-day EMA bands.
At the time of publishing, the crypto had declined by 1.46% in the last 24 hours and was trading at $140.67 at press time. Therefore, if the demand for the AAVE token increases unexpectedly, the asset price could jump back from the current level. Then the next goal for the price could be to reach $190.0 while the resistance would be at $160.
However, if the AAVE crypto price fails to stay above the $120.0 level, it could decline further and could reach $100.0 as well.
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