Is AAVE, the Lending King, Still Holding Its Form? ETH:0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9 is trading around $132, down 24% in a month and 80% from its peak. This week, it hasn’t plunged like others—price has been range-bound between $122 and $137. It’s below the 50-day MA at $151 but above the 200-day SMA at $109, up 20%, indicating the long-term trend remains intact. The MA distribution is evenly split: 7 buy signals, 7 sell signals; RSI at 43—a rare neutral reading. - Hold above $122, and the range stays intact. - Break below $122, and it tests the 200-day SMA at $109. - Only a breakout above $137 followed by a retest of $151 would signal a true recovery. That’s all for our analysis of the Lending King—your portfolio, your strategy. Do you think ETH:0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9 is still holding its form?
Zarroc.BTC 🧠Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.