Home web3.0 AAVE's DeFi success cushions AAVE prices amid market crash

AAVE's DeFi success cushions AAVE prices amid market crash

Aug 19, 2024 pm 12:10 PM
aave Gains Mixed Signals

AAVE traded in the green on Tuesday after a heavy crypto sell-off earlier this week, getting additional boost from its DeFi ecosystem

AAVE's DeFi success cushions AAVE prices amid market crash

The technical analysis indicators for USD/CAD are displaying a bullish picture, with the long and short moving averages providing support at around $99.86 and $97.67, respectively. A golden cross, where the short-term moving average crosses above the long-term moving average, is typically seen as a strong bullish signal. Additionally, the RSI and MACD indicators are suggesting a potential for further upside in the pair's price. However, traders should be cautious of potential retracements, as indicated by the stochastics.

The above is the detailed content of AAVE's DeFi success cushions AAVE prices amid market crash. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot Article Tags

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

AAVE Price Slips Despite Sky Aave Force Initiative AAVE Price Slips Despite Sky Aave Force Initiative Sep 04, 2024 am 03:37 AM

AAVE Price Slips Despite Sky Aave Force Initiative

Toncoin (TON) Faces a Series of Challenges, Showing a Complex Picture of Short-Term Gains Amid a Broader Downward Trend Toncoin (TON) Faces a Series of Challenges, Showing a Complex Picture of Short-Term Gains Amid a Broader Downward Trend Sep 09, 2024 pm 03:13 PM

Toncoin (TON) Faces a Series of Challenges, Showing a Complex Picture of Short-Term Gains Amid a Broader Downward Trend

Cosmos and Polkadot, Once Darlings of the Crypto Community, Are Starting to Lose Their Luster After a Dreadful 2024 Cosmos and Polkadot, Once Darlings of the Crypto Community, Are Starting to Lose Their Luster After a Dreadful 2024 Sep 04, 2024 pm 03:13 PM

Cosmos and Polkadot, Once Darlings of the Crypto Community, Are Starting to Lose Their Luster After a Dreadful 2024

Bitcoin (BTC) Price Faces Resistance Near $58,000, May Start Another Decline Bitcoin (BTC) Price Faces Resistance Near $58,000, May Start Another Decline Sep 11, 2024 pm 03:46 PM

Bitcoin (BTC) Price Faces Resistance Near $58,000, May Start Another Decline

AAVE Price Surge Excites DeFi Community, Infinaeon Presale Benefits from Layer-2 Solution Narrative AAVE Price Surge Excites DeFi Community, Infinaeon Presale Benefits from Layer-2 Solution Narrative Sep 10, 2024 am 03:49 AM

AAVE Price Surge Excites DeFi Community, Infinaeon Presale Benefits from Layer-2 Solution Narrative

Stani Kulechov Sells $6.7 Million Worth of AAVE Tokens as the Token's Value Rises Stani Kulechov Sells $6.7 Million Worth of AAVE Tokens as the Token's Value Rises Sep 08, 2024 am 09:25 AM

Stani Kulechov Sells $6.7 Million Worth of AAVE Tokens as the Token's Value Rises

Rollblock (RBLK) Outperforms Shiba Inu and PEPE Coin for Smart Gains, Positioned for a Potential 200x Surge in 2024 Rollblock (RBLK) Outperforms Shiba Inu and PEPE Coin for Smart Gains, Positioned for a Potential 200x Surge in 2024 Sep 20, 2024 am 03:14 AM

Rollblock (RBLK) Outperforms Shiba Inu and PEPE Coin for Smart Gains, Positioned for a Potential 200x Surge in 2024

Crypto Prices Today: BTC, ETH, & SOL Gain, XRP Struggles Crypto Prices Today: BTC, ETH, & SOL Gain, XRP Struggles Sep 18, 2024 pm 03:21 PM

Crypto Prices Today: BTC, ETH, & SOL Gain, XRP Struggles