Crypto EcoBlog
The decentralized finance field continues expanding in all directions as the total value locked in various projects has tapped $35 billion. At the same time, numerous DeFi tokens have exploded in price in the past 24 hours, including an all-time high for Chainlink and double-digit pumps for Aave, Maker, Synthetix, Compound, and more.Skyrocketing DeFi TokensThe total crypto market cap marked a new all-time high today at over $1.170 trillion, and DeFi coins have attributed the most to these...
Read More »Aave Price Analysis: Following 50% Daily Surge, What Are the Next Targets for AAVE?
AAVE/USD – Bulls Turn Parabolic Above Ascending Price ChannelKey Support Levels: $445, $400, $378.50.Key Resistance Levels: $500, $520, $548.Aave has turned parabolic after managing to surge by a whopping 72% over the past week alone. The cryptocurrency had been rising throughout January as it remained confined within an ascending price channel.Yesterday, AAVE surge by a total of 27%, allowing the cryptocurrency to reach the upper boundary of this price channel. The further 45% price hike...
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