

AAVE Price Could Continue Bullish Spike If This Resistance Flips to Support: Here Are the Key Levels to Watch
The price of AAVE has been strong since breaking out of a descending channel pattern two weeks ago. After the breakout, the price retested the level successfully and has since been rising steadily.
AAVE cryptocurrency price has made a strong rise after breaking out of a downward channel pattern two weeks ago.
The price successfully retested the level after this breakout and has been rising steadily ever since.
Currently, AAVE price is breaking out of the $112 zone. If there is a break above this level, the price is expected to increase by more than 10% to $130.
Also Read: Bittensor and Injective Price Analysis: TAO Approaching $340 Resistance, INJ Approaching Important Demand Zone
The relative strength index (RSI) is at 69, indicating that the price will soon reach the overbought level. Prices generally have a high chance of retracement at overbought levels, i.e. 70 and above.
The 50-day simple moving average (SMA) is trending below the price, which is likely to act as support in the event of a longer price pullback.
100-day and 200-day SMAs can also act as support during pullbacks.
Long Term Trend Still Bearish According to AltFINS
According to crypto analysis company altFINS, Aave price is in an uptrend, forming higher tops and bottoms. The price broke the $105 resistance and the 200-day moving average near $100.
Source: altFINS - Get started today
This caused the start of a 15% upward movement that could reach up to $120. The expert believes that the short- and medium-term trends are strongly upward, while the long-term trend is still bearish.
According to the analysis, the nearest support levels are $90 and $80, while the nearest resistance level is $118.
Captain made his first hit with a 100x and there are a lot of 2-5x. Do you want to be part of a profitable community? Join our FREE Telegram group to receive all future calls.
We recommend eToro
The above is the detailed content of AAVE Price Could Continue Bullish Spike If This Resistance Flips to Support: Here Are the Key Levels to Watch. For more information, please follow other related articles on the PHP Chinese website!

Top 10 free-to-view market software websites are recommended: 1. Binance, 2. OkX, 3. Sesame Open Door (KuCoin), 4. CoinMarketCap, 5. CoinGecko, 6. TradingView, 7. Investing.com, 8. Yahoo Finance, 9. Glassnode Studio, 10. LunarCrush, these websites provide real-time data, technical analysis tools and market information to help you make informed investment decisions.

To safely access the Binance official platform and download the APP, you can use the following steps: 1) Use a trusted search engine to search for "Binance" and check the domain name; 2) View the official social media to obtain the URL; 3) Consult the official customer service to confirm the URL; 4) Use a trusted navigation website. The steps to download the APP include: 1) Visit Binance official website; 2) Find the APP download portal; 3) Select the download method (scan the QR code, download the app store, and directly download the APK file).

Through the following steps, you can safely access the Ouyi official platform and download the APP: 1. Use a trusted search engine to search for "Ouyi" or "OKX" to check the domain name; 2. Check the official social media account to obtain the URL; 3. Consult the official customer service to confirm the URL; 4. Use a trusted navigation website. When downloading the APP, visit the official website, find the download portal, choose how to scan the QR code, app store, or directly download the APK file, and pay attention to checking developer information, viewing user reviews, installing security software, beware of phishing websites and APPs from unknown sources, and protecting personal information.

To safely download the Binance APP, you need to go through the official channels: 1. Visit the Binance official website, 2. Find and click the APP download portal, 3. Choose to scan the QR code, app store, or directly download the APK file to download to ensure that the link and developer information are authentic, and enable two-factor verification to protect the security of the account.

The methods to safely download the OKX APP include: 1. Use a trusted search engine to search and check the domain name; 2. Check the official social media account and identify the certification logo; 3. Consult the official customer service to confirm the authenticity of the link; 4. Use a trusted navigation website to obtain a verified download link. Through these steps, you can safely download the Ouyi APP and start your cryptocurrency trading journey.

The steps to register an Ouyi account are as follows: 1. Prepare a valid email or mobile phone number and stabilize the network. 2. Visit Ouyi’s official website. 3. Enter the registration page. 4. Select email or mobile phone number to register and fill in the information. 5. Obtain and fill in the verification code. 6. Agree to the user agreement. 7. Complete registration and log in, carry out KYC and set up security measures.

The steps to register a Binance account include: 1. Prepare a valid email or mobile phone number and a stable network; 2. Visit Binance official website; 3. Enter the registration page; 4. Select the registration method; 5. Fill in the registration information; 6. Agree to the user agreement; 7. Complete verification; 8. Obtain and fill in the verification code; 9. Complete registration.

Registering a Sesame Door Account requires 7 steps: 1. Prepare a valid email or mobile phone number and a stable network; 2. Visit the official website; 3. Enter the registration page; 4. Select and fill in the registration method; 5. Obtain and fill in the verification code; 6. Agree to the user agreement; 7. Complete registration and log in, it is recommended to carry out KYC and set security measures.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

Atom editor mac version download
The most popular open source editor

MinGW - Minimalist GNU for Windows
This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

Zend Studio 13.0.1
Powerful PHP integrated development environment

WebStorm Mac version
Useful JavaScript development tools
