Cryptopolitan
2021-09-12 13:19:53

Aave Price Analysis: AAVE retests $345 resistance, will it break higher?

TL;DR Breakdown Aave price analysis is bullish for today.AAVE/USD saw another rally overnight.AAVE found resistance at $345 again. Aave price analysis is bullish for today as the market has rallied to $345 resistance over the last 24 hours and currently looks to break higher. As long as we don’t see strong rejection later today, we expect AAVE/USD to continue higher and break above the $345 resistance next. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded mostly in the green over the last 24 hours. The market leaders, Bitcoin and Ethereum, are up by 1.08 and 3.48 percent, respectively. Meanwhile, Solana (SOL) is among the worst performers, with a loss of more than 4 percent. Aave price movement in the last 24 hours: Aave rallies to $345 resistance again AAVE/USD traded in a range of $321.93 – $348.25, indicating mild volatility over the last 24 hours. Trading volume has increased by 3.47 percent and totals $291 billion, while the total market capitalization trades around $13.6 billion, ranking the coin in 37th place overall. AAVE/USD 4-hour chart: AAVE ready to break higher? On the 4-hour chart, we can see the Aave price action attempting to break the $345 resistance, which could lead to a lot more upside fi broken. AAVE/USD 4-hour chart. Source: TradingView Aave price action has seen strong volatility over the past weeks. After peaking at $445 on the 17th of August, AAVE/USD spent the rest ...

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