Will AAVE Bulls Push Its Price To $100?
AAVE has a market cap of $1.2 Billion and is currently ranked 64th in the cryptoverse. The volume of the asset has seen a drop of 42% in the past 24 hours. The asset price is currently trading near the value of $81 with a gain of 2% in the intraday session.
AAVE is currently forming strong consolidated candles in the daily chart. It is trading below the 50 and 100 EMA on the daily chart. The upside trend of AAVE can see a halt near the value of $100. Meanwhile, the support of the asset price can be observed near $75.
The RSI of AAVE is currently near 37 suggesting its presence in the oversold zone. The overall sentiment of the RSI is bearish in nature.
AAVE is currently forming strong consolidated candles in the daily chart. It is trading below the 50 and 100 EMA on the daily chart. The upside trend of AAVE can see a halt near the value of $100. Meanwhile, the support of the asset price can be observed near $75.
The RSI of AAVE is currently near 37 suggesting its presence in the oversold zone. The overall sentiment of the RSI is bearish in nature.
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