When can traders expect the price of AAVE around $100?
On the hourly chart, the rate of AAVE has made a false breakout of the recently formed support level at $78.67. If the price remains above the $80 zone until the end of the day, one can expect a test of the resistance at $82.81 soon.
Despite the false breakout, the price of AAVE has not fallen, which means that bulls are not giving up so easily. If the daily bar closes near the $81.50 mark, traders may see a breakout followed by a continued rise to the $90 area next week.On the weekly time frame, the rate of AAVE is on the way to the $90 mark. If buyers can reach it and fix the price above, the accumulated energy may be enough for a continued midterm bull run to the $100-$120 zone.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin (BTC) Price Analysis for July 13How great are chances to see a test of BTC at the $31,000 mark? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser
Read more »
BTC, ADA, TRX, MATIC, LTC and SOL Price Analysis for July 14Which coins can keep growing? $TRX Tron Crypto Tronfoundation TRX_Community TRX_News WLFOFMYST CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io
Read more »
WTI Price Analysis: WTI price rejected by the 200-day SMA, still poised for weekly gainsOn Friday, the West Texas Intermediate (WTI) barrel lost some ground as investors did some profit-taking ahead of the weekend after a three-day winnin
Read more »
TooFab's Week In Celebrity Photos: July 9 - July 15Prince George looks SO TALL as he steps out with his siblings and parents for an airshow (via toofab)
Read more »
EUR/USD Price Analysis: The 1.1200 barrier is just around the cornerEUR/USD extends the monthly bullish performance and approaches the 1.1200 hurdle for the first time since February 2022. The continuation of the upsid
Read more »