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<\/a><\/p>\nFrom the chart, it can be observed that AAVE\/USDT is battling to recover from a downtrend that began after hitting its all-time high of $668 set in May of last year.<\/p>\n
The DeFi token is also battling to turn the 50-day moving average (white) as support at the $145 price area. Additionally, the daily MFI, MACD and RSI hint towards a continuation of buying for the rest of this week.<\/p>\n
However, the 100-day moving average (yellow) and the 200-day moving average (green) offer areas of considerable resistance for AAVE at $180 and $240 respectively. A complete recapture of the 200-day moving average will most definitely confirm a recovery of AAVE\/USDT in the crypto-markets.<\/p>\n","protected":false},"excerpt":{"rendered":"
In brief: The DeFi token of Aave (AAVE) is up by over 18% in the last 24 hours The double-digit increment in value comes in the backdrop of Aave’s V3 upgrade With the newest upgrade, users of Aave will enjoy cross-chain transactions, higher efficiencies, new wallet integrations and more AAVE is also exhibiting some bullish momentum on the daily chart The DeFi blue-chip token of Aave (AAVE) is up by over 18% in the last 24 hours. According to Coinmarketcap, […]<\/p>\n","protected":false},"author":22,"featured_media":568863,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[108120,823],"tags":[108231,373,7322,7092],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/568857"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=568857"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/568857\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/568863"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=568857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=568857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=568857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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