AAVE is up more than 2% on Friday after seeing a slight correction from a rally earlier in the day.
's price is showing strength again after potentially washing away weak hands following price dips in mid-July and August 2. On-chain metrics show long-term holders are unwilling to sell despite recent price rally.
's on-chain metrics shows long-term holders anticipate higher price increase The Realized Capitalization values each coin based on its last transacted price. rallied until August 2, when the market dip saw most investors realizing profits and losses. The recent price movements may have washed away weak hands as the 365-day Market Value to Realized Value Ratio shows most long-term holders are 17.5% in profits. The 365-day Market Value to Realized Value Ratio measures the profits or losses of all coins purchased within the last year. An increase in this metric above 0 indicates LTHs are in profit and vice versa if it decreases.
is forming an ascending triangle On the daily chart, rise above its yearly high resistance of $154.86 on March 13.
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.
Manny Jacinto plays Lindsay Lohan's husband in Freaky Friday sequel Freakier Friday'The Acolyte' star Manny Jacinto is playing Lindsay Lohan's husband in the 'Freaky Friday' sequel, now titled 'Freakier Friday,' Jamie Lee Curtis tells EW. 'Manny is lovely. So funny,' Lohan says of her new onscreen love interest.
Read more »
Why could AAVE rally 10%?Aave (AAVE) price trades slightly higher during the Asian trading session on Thursday after surging on Wednesday.
Read more »
Here is why AAVE could rally in the upcoming daysAAVE (AAVE) price faces rejection by the weekly resistance level at $107.50, as of Thursday trades slightly lower by 2.2% at $105.27.
Read more »
Crypto Today: Bitcoin, Ethereum and Ripple hold steady as US inflation cools slightlyAAVE/USDT daily chart AAVE could extend gains by 11.17% and rally to its target at $114.74, this marks a key resistance in AAVE’s daily chart, as it represents the neckline of the W formation.
Read more »
Cryptocurrencies Price Prediction: Bitcoin, AAVE & EthereumBitcoin (BTC) price recovers above $55,00 on Tuesday after the sharp decline seen since the end of July.
Read more »
This DeFi token generated millions in revenue from crypto market sell-off on Monday, ready for 15% rallyAAVE generated over $6 million in revenue in Monday’s crypto market sell-off.
Read more »