Home web3.0 AAVE Eyes $200 Target as It Attempts to Break Through Key Resistance Levels

AAVE Eyes $200 Target as It Attempts to Break Through Key Resistance Levels

Sep 23, 2024 pm 12:37 PM
aave Cryptocurrency Resistance

탈중앙화 금융(DeFi) 분야의 선두주자인 AAVE가 상당한 저항 수준을 돌파하기 위해 암호화폐 시장에 파장을 일으키고 있습니다.

AAVE Eyes 0 Target as It Attempts to Break Through Key Resistance Levels

AAVE, a leading decentralized finance (DeFi) platform, is making waves in the cryptocurrency market as it attempts to overcome key resistance levels. Its price has recently been trading above $154, with many analysts eyeing a potential rise to $200 by the end of the year. Let's take a deeper look at the factors that are influencing AAVE's performance and its chances of achieving this ambitious goal.

Current Market Scenario

Since the market crash on August 5, AAVE has seen steady growth, outpacing many other cryptocurrencies. This resurgence is due to a variety of factors, including broader crypto market improvements and the growing adoption of AAVE within the DeFi ecosystem.

Main Resistance Level

To confirm the breakout from the 800-day price range, AAVE needs to maintain its position at $154 for an extended period. This level acts as an important resistance point. Recent price action indicates that AAVE is approaching this resistance for the second time, supported by bullish energy.

Wave Trend Momentum Oscillator (WTMO)

WTMO indicates strong upward momentum, increasing the chances of breaking this resistance. If AAVE can continue to make higher highs and lower lows, it could consolidate the $200 target as the next key level in the medium term.

Adoption and Total Value Locked (TVL)

AAVE's performance is not based on price alone; Its total value locked (TVL) is an important indicator of its success. TVL has been growing steadily throughout the year, currently standing at an impressive $19.6 billion. This figure shows the total amount of assets locked in the AAVE protocol, indicating the growing popularity of the platform.

After a period of stagnation between April and July, AAVE's TVL has accelerated, reflecting renewed investor interest. Furthermore, the total amount borrowed through AAVE's protocol has reached approximately $7.748 billion, reflecting the growing trust and reliance on the platform.

Whale Activity and Market Sentiment

AAVE의 또 다른 유망한 신호는 일반적으로 "고래"로 알려진 대규모 투자자의 토큰 축적입니다. Hyblock Capital의 최근 데이터에 따르면 거래 활동의 74%가 고래에 의해 주도되며 이는 AAVE 가격을 더 높일 수 있는 강력한 구매 압력을 시사합니다.

또한 순 매수 대 매도 델타는 현재 84%로 트레이더들 사이에서 낙관적인 분위기를 나타냅니다. 이러한 고래 구매 활동과 긍정적인 순매수 포지션의 조정은 AAVE가 잠재적으로 $200라는 목표에 도달할 가능성을 강화합니다.

활동 및 소매 관심 분야 다루기

AAVE는 토큰을 보유하는 주소의 수도 증가했습니다. 이러한 성장은 개인 투자자와 고래 모두에게 주목할 만하며 AAVE에 대한 광범위한 관심을 보여줍니다

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