Weekly AAVEUSD Technical Analysis and Forecast - Cryptocurrencies - Forecast City

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Weekly forecast		Aave technical chart
Symbol	AAVEUSD	Trading suggestion: By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
Date	August 27, 2022 - 08:48
Current	downtrend
Forecast	continuation of downtrend
Midterm forecast: 116.00 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. Technical analysis: A peak is formed in daily chart at 96.0 on 08/25/2022, so more losses to support(s) 65.5, 53.0, 45.5 and more depths is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 40.

Symbol	Released	Current	Forecast
Aave (AAVEUSD)^new	Sun, 14 Apr 2024
Aave (AAVEUSD)	Sun, 7 Apr 2024
Aave (AAVEUSD)	Sun, 31 Mar 2024
Aave (AAVEUSD)	Sun, 24 Mar 2024
Aave (AAVEUSD)^free	Sun, 10 Mar 2024