Mixed signals for AAVE – Is a $170 breakout likely?
AAVE has broken above the midline of an ascending channel after a nearly 7% gain. Despite a spike in exchange outflows, technical indicators show the trend is yet to flip bullish. AAVE [AAVE] rebounded over the weekend after China’s new economic stimulus spurred gains across the cryptocurrency market. In the last 24 hours, AAVE gained nearly 7% to trade at $154 at press time. These gains saw the token recover from a suppressed performance earlier in the week. Following this uptrend, AAVE broke...