Crypto Analyst Michaël van de Poppe Says AAVE (AAVE), Clearpool (CPOOL), and DIA (DIA) Are Set to Rally

Widely followed crypto analyst Michaël van de Poppe says that AAVE, the native token of the top lending platform on Ethereum (ETH), is set for bluer skies.

Top crypto analyst Michaël van de Poppe says that AAVE, the native token of the leading lending platform on Ethereum (ETH), is poised for further gains.

Van de Poppe tells his 628,000 followers on Twitter that AAVE is undergoing a trend shift following its decisive breach of the $150 level, opening up the next key price target at $250.

“This one is a must to have in the portfolio, as I think it will continue to perform well once DeFi picks up momentum.

A clear trend switch has occurred.

If it can stay above $110-$120, we should see a new push, targeting $250.”

At the time of writing, AAVE is trading at $159.

The trader is also keeping an eye on Clearpool (CPOOL), a smaller decentralized credit marketplace with a market capitalization of $114 million.

CPOOL is currently down 93% from its all-time high of $2.55, and Van de Poppe is eyeing the 2024 highs as an initial price target.

“Starting a new cycle.

The previous peak was at $0.35, followed by a deep correction.

It absorbed the liquidity and is now reversing, creating LTF/HTF (low time frame/high time frame) dips that are optimal for buying.

The target is $0.35 in the coming months.”

At the time of writing, CPOOL is trading at $0.167.

Finally, Van de Poppe is looking at blockchain oracle platform DIA, which he says is in a clear bullish reversal. According to the analyst, DIA bulls can expect a correction back to the $0.50 level or a clean breakout at $1.20.

“This one is really moving.

I’m watching for a deeper, HTF (high time frame) correction (if it comes).

If we do see a breakout, I’m planning on LTF (low time frame) areas for a potential entry towards the next target.

It’s clearly reversing the trend.”

At the time of writing, DIA is trading at $1.14.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X, Facebook and Telegram Surf The Daily Hodl Mix

Generated Image: Midjourney

The above is the detailed content of Crypto Analyst Michaël van de Poppe Says AAVE (AAVE), Clearpool (CPOOL), and DIA (DIA) Are Set to Rally. For more information, please follow other related articles on the PHP Chinese website!