Aave (AAVE) shows weakness on Wednesday, trading in the red after a loss of over 7% the previous day.
's price is trading below its daily support level at $142.69; a firm close below would suggest a decline ahead. Santiment's Network Realized Profit/Loss data shows investors are booking profits. A daily candlestick close above $164.32 would invalidate the bearish thesis. Aave shows weakness on Wednesday, trading in the red after a loss of over 7% the previous day. It is currently trading below a key support level, and a sustained close beneath this level could indicate further declines.
price broke below the ascending trendline on Tuesday. As of Wednesday, it continues to trade down around $141.19, breaking below its daily support level of $142.69. Suppose 's price could experience downward momentum. Additionally, the Relative Strength Index on the daily chart has fallen sharply to 43, below its neutral level of 50. A cross to levels below the neutral level generally indicates that bearish momentum is gaining traction.
Network Realized Profit/Loss chart Even though on-chain metrics and technical analysis support the bearish outlook, if
Cryptocurrencies Technical Analysis
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
18 cool new iOS 18 features to try on your iPhoneDavid Nield is a freelance contributor at Popular Science, producing how to guides and explainers for the DIY section on everything from improving your smartphone photos to boosting the security of your laptop. He doesn't get much spare time, but when he does he spends it watching obscure movies and taking long walks in the countryside.
Read more »
Today’s NYT ‘Strands’ Hints, Spangram And Answers For Wednesday, September 18Looking for some help with Wednesday's NYT Strands? An extra hint and the answers are right here.
Read more »
Today’s NYT ‘Connections’ Hints And Answers For Wednesday, September 18Kris Holt is a writer who covers the art, business and culture of video games, with a focus on Overwatch 2. He also covers casual word games, such as Connections, Strands and Quordle. Kris has covered developments in cloud gaming, interviewed gaming executives about the strategy and future of their companies and reported from major esports events.
Read more »
Today’s ‘Quordle’ Hints And Answers For Wednesday, September 18Kris Holt is a writer who covers the art, business and culture of video games, with a focus on Overwatch 2. He also covers casual word games, such as Connections, Strands and Quordle. Kris has covered developments in cloud gaming, interviewed gaming executives about the strategy and future of their companies and reported from major esports events.
Read more »
NYT Crossword: answers for Wednesday, September 18The New York Times crossword puzzle can be tough! If you're stuck, we're here to help with a list of today's clues and answers.
Read more »
NYT Strands today: hints, spangram and answers for Wednesday, September 18Strands is a tricky take on the classic word search from NYT Games. If you're stuck and cannot solve today's puzzle, we've got help for you here.
Read more »