Aave (AAVEUSD) Price: Sellers Dominate Market, Tamadoge Is Bullish
Sellers’ momentum is increasing in Aave market Aave (AAVE) Price Analysis – August 23 At the moment, the key resistance levels to watch out for lies at $94, $110 and $125. A downward movement may take the Aave to $77. A bearish breakout is expected at the support level of $77 which will expose the coin to the support level of $62 and $47. AAVE/USD Market Key Levels: Resistance levels: $94, $110, $125 Support levels: $77, $62, $47 AAVEUSD Long-term Trend: Bearish Aave is under bears’ control. It started a bearish trend on 13 August; this is clearly noticed when the bearish engulfing candle broke down the support level of $110. More bearish candles continue to emerge and the price declining towards the $77 support level. The cryptocurrency is yet to break down the just mentioned support level but currently pulling back. The daily chart has shown that sellers are dominating the market. The price is trading below the 9 periods EMA and 21 periods EMA. At the moment, the