CandleFocus
AAVE Targets 800% Growth with Strong Bullish Momentum
2024-11-23
Author: Content Editor
The Popular TradingView analyst Alan Santana has predicted a bullish trend for Aave (AAVE) and expects a significant breakout. Santana highlighted several indicators, including trading above the MA200 on the weekly chart and a bullish cross between EMA55 and EMA89. Aave recently reached its highest price since April 2022. Santana predicts a potential 800% increase from the current price to a new all-time high. On-chain activity and recent token swaps also support the increasing momentum. Aave Labs is also pushing adoption through its Sky Ave Force project, which aims to bridge traditional finance and decentralized money.
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