Aave, riding high on social rankings, boasts a bullish trend with an 18% gain in two weeks. Can it maintain its ascent?
, it becomes evident that there has not been any significant activity either. As of this writing, a decline in active addresses was noticeable, with approximately 82 active addresses.revealed an interesting trend. Over nearly two weeks, it has closed trading at a loss only once. This loss occurred on 21 September, resulting in a decline of over 4.5% in its value.
However, Aave quickly recovered some of these losses on 22 September, closing with a gain of over 3% in value. These consecutive uptrends translated to an impressive overall gain of approximately 18% in value in less than two weeks.Source: TradingViewNevertheless, as of this writing, it was trading at a slight loss, although it was less than 1%, with a price of approximately $63.8. It’s important to note that this decline has not been significant enough to disrupt its ongoing bullish trend.
Additionally, as of this writing, the Relative Strength Index line was trending above 60, indicating a relatively strong position in the market.
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