Aave Cryptocurrency (AAVE) Analysis

Aave Cryptocurrency (AAVE) Analysis


The Aave Cryptocurrency (AAVE) has been hitting the target that we predicted before at the area of $ 500.00 while the best price today is the best historical high price ever at $ 520.182.

 

If you missed the last (AAVE) article you could read it here >>> Aave Cryptocurrency (AAVE) Analysis>>>25 Jan 2021

 

(AAVE) is trading now at $ 488.136

 

(AAVE) is still continuing the uptrend direction & there are many higher areas that will be hit sooner as a chart indicators & dedications are showing the great future

 

As we know each uptrend is followed by a downtrend & vice versa.

 

So let’s say that to be on the safe side & to avoid the probable coming bearish to correct the direction watch carefully the daily trend match to  parallel the daily volume, as we assume two scenarios:

1- If there's an increase it will reach $ 780.00 fast to jump over $ 1000.00

2- If there’s a decrease, never hesitate to place a stop loss, as breaking these areas leads to a grand fall down, no one knows what will happen.

 

So let’s update the support & resistance areas that we will mention below.

 

Finally, we never Forget to Trade wisely as we advise buyers & traders to follow the nearest support areas,  

 

As Shown

The Chart Below

 

11ba5e5b616ffe42f0a2fa578edd17872faeb77ac6427b7a094348bf316035b9.png

 

Prediction:

Target: Going to hit higher areas to reach $ 780.000 sooner.

Aave Cryptocurrency (AAVE), if the price of $ 425.000 is broken, it may target levels of $ 347.000

 

Support & Resistance:

Support: $ 425.000 - $ 347.000 - $ 267.000

Resistance: $ 520.182

 

Important:

The result depends on our personal Vision which could be right or wrong

 We analyze the past to predict the future.

How do you rate this article?


14

0

Ayman Khalil
Ayman Khalil

Cryptocurrency Analyst


CryptoCurrencies Analyst
CryptoCurrencies Analyst

Hello, Everybody Here is Ayman wishing you all the Best of luck in trading many more cryptocurrencies with pieces of Advice to handle them Very Easy & Earn more money.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.