AAVE is the biggest DeFi lending protocol in cryptocurrency with $16 Billion total value locked ( TVL ) and has been moving a little sideways since September 20th from $260 - $315.
We've been trading under the point of control (POC) at roughly $360 -$386 were the majority of buying and selling for AAVE has occurred since January earlier this year. Still a nice run up back to the the 0.382 Fibonacci level at $360 from these levels. $287 has been a sturdy support level since last month.
AAVE has also deployed on the Avalanche ecosystem this month further expanding their services and adoption. AAVE has experienced a 1000%+ gain in total value locked ( TVL ) from October 2020 were it was just under $1 Billion. That trend only seems to be getting larger. The TVL on AAVE is bigger than the current market cap of $4 Billion. Keep AAVE on your radars! This is a fundamentally strong cryptocurrency that will continue to grow. AAVE has been marinating still a nice amount of room on the RSI as well.
Much peace, love, health, and wealth!
We've been trading under the point of control (POC) at roughly $360 -$386 were the majority of buying and selling for AAVE has occurred since January earlier this year. Still a nice run up back to the the 0.382 Fibonacci level at $360 from these levels. $287 has been a sturdy support level since last month.
AAVE has also deployed on the Avalanche ecosystem this month further expanding their services and adoption. AAVE has experienced a 1000%+ gain in total value locked ( TVL ) from October 2020 were it was just under $1 Billion. That trend only seems to be getting larger. The TVL on AAVE is bigger than the current market cap of $4 Billion. Keep AAVE on your radars! This is a fundamentally strong cryptocurrency that will continue to grow. AAVE has been marinating still a nice amount of room on the RSI as well.
Much peace, love, health, and wealth!
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.