Aave Cryptocurrency (AAVE) Analysis

in #aave3 years ago

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Our view of the Aave Cryptocurrency (AAVE) is a very lucky coin that started at the right time, has all the opportunities to catch a great piece of the market cake in a very short time.

Let's view the amazing (AAVE) cryptocurrency’s history to understand its movement.
Started at the area of $ 51.430 (opening price) 15/10/2020
went to $ 82.480 (uptrend) 20/11/2020
back to $ 50.00 (bearish) 26/11/2020
jumped to $ 96.329 (uptrend) 19/12/2020
back to $ 63.021 (bearish) 23/12/2020
then jumped to a new record was at $ 135.990 (uptrend)10/1/2021
back to the area of $ 94.020 (bearish) 11/1/2021
suddenly jumped to the area of $ 203.498 (bullish)16/1/2021

(AAVE) is trading now at $ 186.059
The Aave Cryptocurrency (AAVE) is trading now in an Uptrend Direction

Congratulations to all genuine traders who rode the wave early.

Otherwise, we assume that many higher areas will be hit sooner.

Finally, we never Forget to Trade wisely as we advise buyers & traders to follow the nearest support areas, never hesitate to place a stop loss, as breaking these areas leads to a grand fall down, no one knows what will happen.

As Shown
The Chart Below

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Prediction:
Target: Going to hit higher areas to reach $ 500.000 sooner.
Aave Cryptocurrency (AAVE), if the price of $ 169.599 is broken, it may target levels of $ 127.287

Support & Resistance:
Support: $ 169.599 - $ 127.287 - $ 82.473
Resistance: $ 203.498

Important:
The result depends on our personal Vision which could be right or wrong
We analyze the past to predict the future.