- The AAVE coin price breaks above the 55-EMA following with a golden cross during intraday.
- The 24-hour trading volume is at $792 million.
- AAVE/BTC pair is trading positive by 19.0% at 0.00627978 BTC.
On the daily price chart of AAVE coin, The Moving Average (EMA), which includes the 8,13,21,55 EMA, acts as reliable support for currency price movements. Investors may notice price breaks above the yellow line, ensuring an AAVE uptrend until the price resides above all the EMA’s.
Trading volume (323.407 K) is above the 20-day moving average (102.65 K). The volume is high and increasing, so the cost is moving upside. Investors may also find that the volume is increasing. This indicates that unusual fluctuations are common in the following trading days.
AAVE Coin Heavy Volume Spikes The Price Up
AAVE coin daily price charts show an uptrend. Based on the price action, the support zone is located at 255- 275 USDT. On the other hand, the resistance zone to look for is 420- 445 USDT. Therefore, the chart shows a bullish engulfing candlestick pattern during the day.
The RSI showed a 69 (bullish) signal, Expecting to buy in the short term. Investors may find that the RSI line is sloping up on the indicator. It may rise in futures trading days.
The MACD shows a cross (bullish) above the signal line on October 01, demonstrating a buy signal in the coin. Additionally, Investors can see green bars on the Histogram index.
Conclusion
The AAVE price today is $383.08 with a 24-hour trading volume of $792 272 265. AAVE prices have increased 15.7% in the past 24 hours. There are 13 million AAVE coins in circulation and a total of 16 million coins.
RSI and MACD indicate a buy signal. Traders have directed high volume. In fact, the cost is moving towards the resistance zone. A market overview also shows that this pattern will continue to rise in the coming trading days.
Resistance Level: $420 – $445
Support Level: $255 – $275