Daily Price Analysis of Token Aave
Aave
AAVE
tickers down
326.26 €
is witnessing a tough battle between the bulls and bears near the 20-day EMA (USD 329).
The upward slope of the 20-day EMA indicates that the bulls have an advantage, but the RSI near the midpoint suggests that momentum is slowing down. If the price falls below the 20-day EMA, the AAVE/USDT pair could drop to USD 261.
If buyers want to maintain the advantage, they will need to quickly push the price above USD 362. If they succeed, the pair could retest resistance at USD 400. It is estimated that sellers will defend at USD 400, but if the bulls prevail, the pair could begin the next leg of the uptrend towards USD 450.
