Crypto Strategist Highlights Aave’s Bullish Signals and Price Potential

Coin-Turk 10 months ago 204

A prominent crypto strategist has indicated that Aave (AAVE ($177.60)), a key player in decentralized finance (DeFi), shows strong signals against the US dollar and Bitcoin $99,782. The strategist shared insights on social media, highlighting multiple positive indications in AAVE’s eight-hour chart.

Strategist’s Insights

The pseudonymous analyst, Bluntz, expressed to his 308,500 followers that the DeFi lending platform Aave exhibits a clear ABC correction in its eight-hour chart, a distinctive five-wave structure within wave C, and an emerging bullish divergence. These signals suggest a favorable outlook for the altcoin.

“AAVE is one of my favorite altcoins here. In my opinion, it’s a...

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