Market Cap: $2.8968T 0.51%
Volume(24h): $41.3515B -59.69%
  • Market Cap: $2.8968T 0.51%
  • Volume(24h): $41.3515B -59.69%
  • Fear & Greed Index:
  • Market Cap: $2.8968T 0.51%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$84983.781472 USD

0.46%

ethereum
ethereum

$2694.973456 USD

0.56%

tether
tether

$0.999791 USD

0.00%

bnb
bnb

$788.046610 USD

2.92%

xrp
xrp

$1.497927 USD

0.92%

usd-coin
usd-coin

$0.999901 USD

-0.01%

solana
solana

$121.106954 USD

1.42%

tron
tron

$0.335315 USD

0.01%

hyperliquid
hyperliquid

$89.704131 USD

1.65%

zcash
zcash

$1329.062991 USD

1.20%

dogecoin
dogecoin

$0.093145 USD

0.27%

chainlink
chainlink

$14.007792 USD

-0.11%

monero
monero

$550.990156 USD

0.45%

cardano
cardano

$0.245120 USD

0.06%

unus-sed-leo
unus-sed-leo

$8.923684 USD

-0.97%

Cryptocurrency News Articles

Aave (AAVE) Price Analysis: AAVEUSD Surges 20% This Week, What's Next?

Aug 21, 2024 at 07:06 am

Aave is a decentralized non-custodial liquidity protocol where users can participate as depositors or borrowers.

Aave (AAVE) Price Analysis: AAVEUSD Surges 20% This Week, What's Next?

Aave is a decentralized non-custodial liquidity protocol. Users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income. At the same time, borrowers can borrow in an over-collateralization (perpetually) or under-collateralized (one-block liquidity) fashion.

AAVEUSD was one of the best performers this week. Any daily close above $155 confirms further bullishness.

AAVEUSD surged sharply more than 20% in the past two days. The pair holds well above the short-term (21 and 55 EMA) and long-term moving average. It hit a high of $130 and is currently trading around $129.43

The bullish invalidation can happen if the pair closes below $70. On the lower side, the near-term support is $96. Any break below targets of $85/$70. Breach below $70 targets $50.

The immediate resistance stands at around $135. Any breach above confirms a minor pullback. A jump to $155 is possible. A surge past $155 will take AAVE to $173/$200.

It is good to buy on dips around $120 with SL around $100 for TP of $170/$200.

Original source:tokenpost

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Oct 05, 2026