Aave

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>AAVE price prediction is bullish for October and suggests a rise in the long term.</a> </li> 
 <li> <span>2</span> <a>AAVE crypto price is attempting to climb above the 200-day EMA.</a> </li> 
 <li> <span>3</span> <a>Aave price recovered approximately 20% approx from the recent swing low.</a> </li> 
</ul> 
<p>AAVE price prediction is bullish for October 2023 and suggests that buyers are returning back on track. AAVE crypto price recovered more than 20% from the recent swing low at $50.00.&nbsp;</p> 
<p>Buyers managed to push the price above the 50-day EMA to bring back the confidence of its investors. It also showcases that the short-term trend is reversing upward and bulls are trying their best to hold the $60 level.&nbsp; On the higher side, the 200-day EMA is acting as a hurdle for the bulls. If buyers succeed in breaking the 200-day EMA, then confirmation of the bullish trend reversal will come.&nbsp;</p> 
<p>Previously, the AAVE price consolidated for a few weeks in the range between $50.00 to $60.00. It formed a short-term base and is now getting ready for the massive rally.&nbsp;</p> 
<p>Recently, <a href="https://www.thecoinrepublic.com/2023/09/18/aave-price-prediction-will-aave-crypto-sustain-at-70-mark/" target="_blank" rel="noreferrer noopener">Aave crypto price</a> broke out at the $60.00 level and is trying to expand the range upward. Investors may look to buy near $60.00 for participating in the rally.&nbsp;Aave price is trading at $61.72 with an intraday decline of -0.79%. The 24-hour volume to market capitalization stands at 6.82%.</p> 
<h2 class="wp-block-heading" id="strong-is-aave-price-preparing-for-rally-strong"><strong>Is AAVE Price Preparing For Rally?</strong></h2> 
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  <img decoding="async" loading="lazy" width="1024" height="434" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-821-1024x434.png" alt="AAVE Price Prediction: AAVE Price Regain $60 level; What Next?" class="wp-image-171313" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-821-1024x434.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-821-300x127.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-821-768x325.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-821-1536x651.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-821-750x318.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-821-1140x483.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-821.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   AAVE/USDT daily chart by<a href="https://www.tradingview.com/x/b5Cg6xxA/"> TradingView</a>
  </figcaption>
 </figure>
</div> 
<p>AAVE price prediction favors the bulls and suggests that recovery may continue in the coming months. The buyers seem more active and aggressive as compared to sellers so more upward momentum is possible.&nbsp;</p> 
<p>The buying volume in Aave crypto is also on the rise indicating that some whales might have been injecting the money. Till <a href="https://www.thecoinrepublic.com/2023/09/18/aave-price-prediction-will-aave-crypto-sustain-at-70-mark/">AAVE price </a>is sustained above $55.00, the recovery is likely to continue.&nbsp;</p> 
<p>However, the price will pick up momentum when buyers are able to break out of the 200-day EMA. The analysis suggests AAVE price is turning bullish and more room for the upside is open.</p> 
<h3 class="wp-block-heading" id="strong-aave-price-formed-a-bullish-engulfing-pattern-strong"><strong>Aave Price Formed a Bullish Engulfing Pattern</strong></h3>  
<div class="tradingview-widget-container"> 
 <div id="tradingview_2bc52"></div> 
 <div class="tradingview-widget-copyright">
  <a href="https://www.tradingview.com/" rel="noopener nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a>
 </div> 
 <script type="text/javascript" src="https://s3.tradingview.com/tv.js"></script> 
 <script type="text/javascript">
  new TradingView.widget(
  {
  "width": 950,
  "height": 500,
  "symbol": "BINANCE:AAVEUSDT",
  "interval": "D",
  "timezone": "Etc/UTC",
  "theme": "light",
  "style": "1",
  "locale": "en",
  "enable_publishing": true,
  "allow_symbol_change": true,
  "studies": [
    "STD;Supertrend"
  ],
  "container_id": "tradingview_2bc52"
}
  );
  </script> 
</div>  
<p>Aave price has formed a bullish engulfing pattern on a weekly timeframe. It increases the chances of a bullish trend reversal and boosts the confidence of long-term investors.&nbsp;</p> 
<p>Moreover, if the BTC price recovers in the coming months, then it may fuel a rally in AAVE and other altcoins.&nbsp;</p> 
<p>The RSI at 56 slopes sideways denotes that bulls are active but the price may consolidate for some time. The MACD displayed a positive crossover and the histogram bar is on the rise. It indicates the bullishness and strength of the bulls.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>AAVE price prediction is bullish for October and recovery is likely to continue for a few weeks. It holds the $60.00 level which shows the confidence of the buyers.&nbsp;The analysis suggests the next phase of the rally will begin in AAVE when buyers are able to break the 200-day EMA hurdle.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li>Resistance levels: $75.10 and $88.93</li> 
 <li>Support levels: $55.00 and $49.52</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

AAVE Price Prediction: AAVE Price Regain $60 level; What Next?

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