Aave shows promise of a move to $75 but will the bears stop the rally?
Kumuha was at an interesting place on the price charts. Higher timeframe momentum was bearish, but the market structure on the 12-hour and daily charts flipped to bullish in the past couple of days. The lower timeframe charts also showed momentum ng bullish. Basahin Aaves Price Prediction 2023-24 Can the bulls trust this flip, and look to position themselves long？ Or, can traders look to remain patient and wait for a move into the $72 area before loading their short positions？ A stiff resistance zone lay ahead for AAVE, that much was certain. FVG and bearish breaker lie in the vicinity of $72 Pinagmulan: AAVE / USDT sa TradingView A move upward followed by a downward push once more was likely for AAVE. Why is that？ On the lower timeframes, the market structure was bullish for Aave. It climbed past $61.3 over the previous day of trading and has seen a surge of nearly 18% in the past five days. The market structure of the 12-hour chart broke toward the bullish side. Even though the moving averages showed bearish momentum, the lower timeframe rally can see Aave drive toward an area of importance to the north. The RSI climbed above neutral 50 at the time of writing,