AAVE PRICE ANALYSIS & PREDICTION (March 5) – Aave Bounces Back, Leads Altcoin Rally Following a 30% Explosion
This week started rough for Aave after a short rally last weekend. But it appeared to have found support and now shows signs of strength. It now leads the daily altcoins rally with an insane gain in the last 24 hours. Initiating drops from a peak of $400 in December, Aave lost more than 50% of its price as it broke through several supports to a three-month low last week. The price recovered, but it was short-lived at $225. A sudden dump from that price level led to a bearish start this week, and the price closed strongly at $170. Things turned out uglier yesterday due to rising supply, and the price broke down slightly to a low of $167.5. A rejection occurred there, and the crypto bounced back above $200. That led to a major buy today, and it […]