$AAVE
Recently, AAVE's price has been rising continuously, further solidifying its leading position in the cryptocurrency lending sector.
Its market capitalization has now surpassed 5.5 billion USD, far exceeding the total market capitalization of the other top ten lending protocols.
Since the beginning of this year, AAVE tokens have performed impressively, with an increase of 220%.
Especially in the past 30 days, it has achieved an astonishing growth of 110%.
Future Outlook
If the current upward trend continues, AAVE's price is expected to hit a new high of 400 USD.
The golden cross pattern formed on December 23 and the support from the EMA line,
indicate that AAVE only needs to rise another 7.5% to reach this milestone,
suggesting that the upward trend may continue.
From a technical indicator perspective, the current market sentiment is bullish.
If this trend remains stable, buyers are expected to continue pushing AAVE's price higher.