AAVE Price Prediction: Explosive Bull Run Imminent!

AAVE MARKET_MINDS BULLISH

Date: 12/07/2023 
 
Horizon / Timing:  Tactical Mid-term / 1 to 3 months 
 
------ 
 
Titre : (BUY) AAVE bullish swing in progress to 105/122 within the range 

 

Scenario:  

 

AAVE is expected to progress towards 122. A break above the trend line will open a potential towards 88 before 105 and 122. 

As long as 65,40 remains a tactical support valid in daily close a direct bullish move is expected. 

Technical Key Elements: 

- AAVE keeps potential to test the upper part of the blue range at 122 
- RSI indicator is positive with a bullish signal valid and upside potential 
- The Moving average crossed to the upside and act as support at 65,40 
- Fibonacci key support is adjusted at 65,40 while the Elliot wave shows upside potential towards 105 and 122 

 
Trade Idea conclusion:  Buy - Conviction: 

 

:médaille:
:médaille:
Medium

 

Target 2: 122 

Target 1: 105 

Intermediate level at 88  

Buy: add in dip area 73 

Stop: 65,40 

 

 

 

Chart: Daily Basis (Candle Stick) - Logarithmic  

Indicators: Exponential Moving Average (21/34/89) - RSI (21) 

 

 

 

rayn.finance logo

Automata FRANCE SAS

240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma

Italy

The purchase of digital assets is subject to a high market risk and price volatility. Changes in value can be significant and occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and returns can fluctuate both up and down, and you may not recover the amount you invested. RISK WARNING

Automata ICO Limited has a branch in Italy with its registered office at Via Archimede, 161, Roma, Italy, and registered in Italy under number 96550860587 with the Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider (VASP).

Automata France SAS is a company registered in France with the company number 902 498 617. Automata FRANCE SAS is registered with the french Financial Market Authority, l’Autorité des marchés financiers (“AMF”), as a provider of Virtual Asset Service Provider under number E2023-087.

Automata Pay Europe Limited is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act.