Aave has been on a very strong rising trend since September 2023. This is a trading pair/Cryptocurrency project that is really strong when compared to other projects.
Many Altcoins hit major lows last month. Some even hit a new All-Time Low. The difference here is staggering, rather than new lows, AAVEUSDT keeps on advancing and producing higher lows and higher highs, a clear uptrend.
This uptrend is already good enough, a strong rise, but it is about to get better. Bullish momentum is set to go through the spiritual roof.
The last peak happened at $400. The next high sits at $535 but this isn’t a major level, we expect much higher.
Resistance is likely to be found at the previous All-Time High, published May 2021 around $668. This is a level to watch for.
After some battling with this level, which Aave is sure to conquer, we will have additional growth.
A good looking target and strong price is $1,054. But this isn’t likely to be the top for this pair, AAVEUSDT. Why?
Since it has been growing forever and is so strong, it means people are not ready to sell. If people are not ready to sell when things are bad, they won’t be likely to sell when things are good and this creates pressure to reach the moon.
” Additional growth can happen with $1,675 being another strong target… It can go even higher.
$2,297 is possible.
Thank you for reading.
You can find additional information shown on the chart.
Namaste.
