AAVE â Breakout đ
AAVE has been on my radar for weeks, and itâs not hard to see why:
1ïžâŁÂ Strong Performance: Outperformed many altcoins over the past few months.
2ïžâŁÂ Solid Business Model: AAVEâs fundamentals remain robust.
3ïžâŁÂ Rapid Recovery: Bounced back quickly after the recent crash, now up over 70% from its bottom.
But hereâs the big news: AAVE just broke through the crucial $120 resistance.
Aside from a brief attempt in March, AAVE hasnât traded above this level since May 2022. (!!!)
Whatâs Next?
In my view, AAVE could be one of the strongest players in Q3 and Q4. If it can confirm this breakout and push past $145, we might see AAVE heading towards $200+.
Of course, as always, this depends on Bitcoinâs performance.